Rate reliefs and exemptions

Transitional arrangements limit how much your bill can change each year as a result of revaluation. This means that significant changes (increases or decreases) to your bill are phased in gradually, if you're eligible.

The transitional relief scheme introduced in 2017 was expected to end on 31 March 2022.

However, at the Budget on 27 October 2021, the government announced that it would extend the transitional relief scheme to 31 March 2023.

Properties that will benefit must meet the following criteria:

• have a rateable value up to and including £100,000
• would have received transitional relief had the scheme not ended

The scheme will restrict bill increases to:

• 15% for businesses with small properties (up to and including £20,000 rateable value)
• 25% for medium properties (up to and including £100,000 rateable value).

This policy does not apply to those moving to lower bills.

Their bill will reduce on 1 April 2022.

Relief will be granted automatically to your business rate account if you are eligible.