Transitional Relief

Revaluation - Transitional Relief 

A General Revaluation Transitional Relief is available for all property types, capping gross bill increases at a specified percentage increase, dependent on the rateable value on 1 April 2023.

In order to be eligible for this relief, the property had to be shown in an entry on the valuation roll on both 31 March 2023 and 1 April 2023. Properties with a nil rateable value on 1 April 2023, or which had a nil rateable value on 31 March 2023 are not eligible. Eligibility for the relief also ceases if there is a merger, split or re-organisation of the valuation roll entry for the property occurring after 1 April 2023.

• Up to £20,000 - 12.5%
• £20,001 to £100,000 - 25%
• Over £100,000 - 37.5%

Small Business - Transitional Relief 

The Small Business Transactional Relief caps bill increases if the 2023 revaluation meant that you:

• are no longer eligible for the Small Business Bonus Scheme.
• saw a reduction in your eligibility for the Small Business Bonus Scheme.
• are no longer eligible for Rural Rate Relief.

The maximum increase in your rates bill compared to what you had to pay on 31 March 2023 is capped at £600 in 2023 to 2024.

The cap applies after any other reliefs.

Small Business - TR Application

Parks - Transitional Relief 

The Parks Transitional Relief reduces bills for properties in parks liable for rates for the first time on 1 April 2023. An award of Parks Transitional Relief may be applicable if the following conditions are met.

• is a park or part of a park
• were inserted in the Valuation Roll for the first time on 1 April 2023.

You will get 67% relief in 2023 to 2024.

Parks - TR Application