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Lese-Ansicht

The London office, the empty boxes and the £1bn tax loophole

Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme

From the outside, the seven-storey building at 2 America Square looks like any other office block in the heart of London’s financial district.

Located about half a mile from Tower Bridge, one might expect it to be a hive of commercial activity, teeming with employees holding important meetings. However, much of the property is home not to staff vying for their next bonus, but to stacks of nondescript black boxes arranged in neat lines.

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© Photograph: Brian Anthony/Alamy

© Photograph: Brian Anthony/Alamy

© Photograph: Brian Anthony/Alamy

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King Charles and Prince William face £10m energy upgrade bill for estates

New rules could affect nine in 10 rental properties in duchies of Cornwall and Lancaster and at Sandringham

King Charles and Prince William could be forced to spend up to £10m upgrading hundreds of rental properties on their private estates to meet planned energy-efficiency rules.

The government has announced that landlords will need to ensure their properties have energy performance certificate (EPC) ratings of C or higher by 2030 – up from the current requirement of an E.

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© Illustration: Guardian Design/Getty

© Illustration: Guardian Design/Getty

© Illustration: Guardian Design/Getty

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‘It’s archaic’: the struggle to heat poorly insulated homes let by royal estates

A number of idyllic-looking homes in estates owned by King Charles and Prince William do not meet energy standards for rentals

• Royal estates rent out homes that fail to meet legal energy efficiency standards

This summer, the duchy of Cornwall got a new-look website with a bold statement of intent at the top: “We’re on a mission to become a world-leading impact organisation.”

Updating the website will have been the easiest part of that mission. Upgrading hundreds of ageing, mostly rural, rented cottages, farmhouses and country houses will be one of the hardest.

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© Illustration: Guardian Design/Getty

© Illustration: Guardian Design/Getty

© Illustration: Guardian Design/Getty

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Royal estates rent out homes that fail to meet legal energy efficiency standards

Exclusive: More than 100 homes on King Charles and Prince William’s inherited estates have EPC ratings of F or G

• ‘It’s archaic’: the struggle to heat poorly insulated homes let by royal estates

More than 100 homes on the inherited royal estates of King Charles and Prince William fail to meet the legal minimum energy standards for landlords, the Guardian can reveal.

An analysis of a large sample of domestic lets on the duchies of Lancaster and Cornwall and the Sandringham estate found that one in five have Energy Performance Certificate (EPC) ratings of F or G.

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© Illustration: Guardian Design/Getty

© Illustration: Guardian Design/Getty

© Illustration: Guardian Design/Getty

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