The Government have put into place a transitional relief scheme to limit and phase in increases in rate bills as a result of the 2023 revaluation. Transitional relief will continue to apply until your bill reaches the full amount set by revaluation.
Transitional relief is applied automatically and is shown on the front of your bill.
If your bill increased from 1 April 2023 as a result of revaluation, the increase will be limited to a certain percentage. The amount of this percentage will depend on your rateable value.
Table showing information if your bill increased from 1 April 2023
|
Rateable value |
2023 to 2024 |
2024 to 2025 |
2025 to 2026 |
|
Up to £20,000 |
5% |
10% |
25% |
|
£20,001 to £100,000 |
15% |
25% |
40% |
|
Over £100,000 |
30% |
40% |
55% |