Due to the non-domestic rates revaluation effect from 1 April 2023, a revaluation transitional relief scheme has been introduced to limit the increase in rates changed.
This charge will cap any rise based on the rateable value of the property.
In relation to charges (cash terms) the transitional relief cap is set dependent on rateable value, for example small, medium, large properties, rising in subsequent rating years.
| Rateable value | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|
| Small (up to £20,000) | 12.5% | 25% | 37.5% |
| Medium (£20,001 to £100,00) | 25% | 50% | 75% |
| Large (Over £100,000) | 37.5% | 75% | 112.5% |
You do not need to apply for this relief - it will be applied to the account automatically.
Page last updated:
29 Oct 2024