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.
The Small Business Transactional Relief caps bill increases if the 2023 revaluation meant that you:
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.
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.
You will get 67% relief in 2023 to 2024.