Business Rates reductions

Transitional relief

The government’s Valuation Office Agency (VOA) generally conducts a non-domestic properties revaluation every three years where new rateable values are given to each property. Rateable values can change significantly between each revaluation and are often affected by regional variations in the value of property.

Because the rates paid on a property are based on the valuation some properties see a large rise in rates following a revaluation, while others see a reduction.

Transitional relief is a government scheme introduced to ensure that any large increases in rates bills arising from the revaluations are phased in gradually over a number of years. Under the scheme, increases are limited to a set percentage.

If you are entitled to transitional relief it will automatically be calculated when we calculate your bill. You do not need to apply for it.

More about transitional relief

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