www.bbc.com/news/article... Chancellor mentioned abolishing business rates in her speech and replacing with a new property tax again. I agree with lots of this but detail is scarce: land value tax or property tax (both?). Elements of turnover, more frequent valuations, variation of multiplier?

In theory empty property rates should promote occupation of property and penalise prolonged vacancy. It’s current configuration has led to lots of avoidance measures rather than change in behaviour - suggests the tax needs a rethink if the intention is better use of built environment.