Transitional rate relief reduces the impact of any significant increase in the rateable value of your business following a general revaluation.
About revaluation and the transitional adjustment scheme
From 1 April 2023, the Valuation Office Agency will revalue all non-domestic properties every three years. Further information about can be found on our business rates revaluation page.
Following the next revaluation on 1 April, the Government will introduces a 'transitional adjustment scheme' to phase in any large increases in the rates payable.
We will automatically include the transitional rate relief when we calculate your bill, so there is no need to apply for it.
Further information about can be found on the transitional relief page on the GOV.UK website.
Business rates - billing and collection