Supreme Court rules that SPV rates mitigation scheme is ineffective (Hurstwood Properties (A) Ltd and others (Respondents) v Rossendale Borough Council and another (Appellants)

Published on: 14 May 2021

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Article summary

In Hurstwood Properties (A) Ltd and others (Respondents) v Rossendale Borough Council and another (Appellants), the Supreme Court has allowed the appeal of the local authorities, Rossendale Borough Council and Wigan Council, ruling that the leases in question were ineffective to make the special purpose vehicles (SPVs) the owners of the properties in question. Therefore, the defendants remained liable for business rates. Gary Gardner, partner at Blick Rothenberg, provides comment on the judgment.

Jurisdiction(s): England, Northern Ireland and Wales

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