Transitional Rate Relief

Transitional relief is designed to reduce the impact of any significant changes in the rateable value - whether the change is up or down. Your local authority will automatically include transitional relief when they calculate your bill. The relief only applies in England.

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 2010.

A small property is a property with a 2010 rateable value below £18,000 - or £25,500 within Greater London. All other properties are large properties.

Transitional rate relief is a complex area of rating and there are a number of factors that could impact on the level of rates payable especially following a split, merger or other reconstitution of rating assessments. We have a working knowledge of The Non-Domestic Rating (Chargeable Amounts) (England) Regulations SI 2009/3343 which came into force on 1^st January 2010 and can advise our clients on the correct course of action to maximise the level of savings achieved.

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 are shown below.

Rates Liability Increase Limits

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 are shown below.

Rates Liability Decrease Limits

Please give our Rating Team a call on 0333 6000 110 or click here for our Call Back service to set up an appointment to discuss your requirements.