Information about transitional relief
What is transitional relief?
Transitional relief limits how much your bill can change each year as a result of business rates revaluation.
You’ll get transitional relief if your rates go up or down by more than a certain amount. This means changes to your bill are phased in gradually.
How much your bill can change by from one year to the next depends on both:
- your property’s rateable value
- whether your bill is increasing or decreasing as a result of revaluation
You stop getting transitional relief when your bill reaches the full amount set by a revaluation.
The last revaluation took effect from 1 April 2023 and the transitional relief scheme only applied to increases in rateable value. The government have announced that will also apply for the 2026 revaluation.
For more information please visit the GOV.UK website.