12. Transitional relief
The government has provided a Transitional Relief Scheme to phase in any increased rates charges due to Revaluation 2023. The relief does not apply to increases due to changes to the property after the revaluation date, 1 April 2023. Any Transitional Relief will be shown on your bill if it applies.
The transition scheme for Revaluation 2023 limits bill increases to the following percent plus inflation (the government has set inflation at 0% for 2023/24 transition purposes):
|
Rateable Value / Year |
2023/24 |
2024/25 |
2025/26 |
|---|---|---|---|
|
Small < £20,000 |
5% |
10% |
25% |
|
Medium £20,000 to £100,000 |
15% |
25% |
40% |
|
Large > £100,000 |
30% |
40% |
55% |