You are here:

Business Rate Relief

Transitional Relief

Property values normally change between each revaluation, transitional relief is designed to reduce the impact of any significant changes in the rateable value whether the change is up or down, helping to phase in the effects of these changes. The Council will automatically include transitional relief when your bill is calculated.

Transitional relief limits the percentage your business rates bill can be increased or decreased each year following revaluation. The transitional relief will apply each year until your bill reaches what your full bill would have been in the previous year.

A small property is a property with a 2017 rateable value below £18,000. All other properties are large properties.

The set limits on the percentage by which your rates liability can increase each year, prior to inflation but before any other relief such as small business rate relief or any other supplements.

Rates liability increase limits

Rate increases for small and large properties for years from 2010 and 2015
Year Small property Large property
2010-11 5% 12.5%
2011-12 7.5% 17.5%
2012-13 10% 20%
2013-14 15% 25%
2014-15 15% 25%

The set limits on the percentage by which your rates liability can decrease each year, prior to inflation but before any other relief such as small business rate relief or any other supplements.

Rates liability decrease limits

Rate liability decrease limit for small and large properties for years from 2010 and 2015
Year Small property Large property
2010-11 20% 4.6%
2011-12 30% 6.7%
2012-13 35% 7%
2013-14 55% 13%
2014-15 55% 13