Transitional relief limits how much your bill can change each year as a result of revaluation. This means changes to your bill are phased in gradually, if you’re eligible.
Following the revaluation of business properties from April 2023 there will be a transitional scheme to limit how much a rates bill can increase or reduce due to the revaluation.
The limits will be applied after increasing the previous years bill to allow for inflation.
The percentage by which a bill can change by year depends on the rateable value of the property as shown in the table:
| Rateable Value | 2026/2027 | 2027/2028 | 2028/2029 |
|---|---|---|---|
| Up to £20,000 | 5% | 10% (plus inflation) | 25% (plus inflation) |
| £20,000 to £100,000 | 15% | 25% (plus inflation) | 40% (plus inflation) |
| Over £100,000 | 30% | 25% (plus inflation) | 25% (plus inflation) |
Transitional relief supplement
For the 2026/2027 financial year, a 1p transitional relief supplement will be added to the Business Rates multiplier for ratepayers who do not receive Transitional Relief or Supporting Small Business (SSB) relief.
This supplement helps fund the current three-year transitional relief scheme designed to cap large bill increases.