Information about transitional relief
What is transitional relief?
Transitional relief is designed to phase in larger increases or decreases in business rates bills due to revaluations.
Relief is given based on how much your bill has changed. The relief is given to ensure your bills cannot go up or down by more than a defined percentage.
The last revaluation took effect from 1 April 2017 and the transitional relief scheme applied to both decreases and increases in rateable value.
The next revaluation will start from 1 April 2023 and the transitional relief scheme will only apply to increases in rateable value. This means if your rateable value goes down you will pay your lower bill straight away.
For more information please visit the GOV.UK website.
For 2022/2023 the government introduced a one year scheme to extend this relief for some businesses. If you are eligible for this extension it will have been automatically applied to your bill.