Transitional arrangements

Information on transitional arrangements and limits on increases and reductions

Transitional Relief 2023

Transitional relief limits how much your bill can change each year because of business rates revaluation. This means changes to your bill are phased in gradually if you’re eligible.

From the 2023 to 2024 tax year, you’ll get transitional relief if your:

  • property is in England
  • rates go up by more than a certain amount

We will adjust your bill automatically if you’re eligible.

How much your bill can change by?

How much your bill can change by from one year to the next depends on both:

  • your property’s rateable value
  • whether your bill is increasing or decreasing as a result of revaluation

You stop getting transitional relief when your bill reaches the full amount set by a revaluation.

If your bill is increasing from 1 April 2023

Table showing information about if your bill is increasing from 1 April 2023

Rateable value 2023-2024 2024-2025 2025-2026

Up to £20,000 (£28,000
in London)

5% 10% plus
inflation
25% plus
inflation

£20,001 (£28,001 in
London) to £100,00

15% 25% plus
inflation
40% plus
inflation
Over £100,000 30% 40% plus
inflation
55% plus
inflation

Transitional certificates

A transitional certificate value may be used in the business rates calculation for your property instead of the usual rateable value.
If you disagree with the value of the certificate, contact the Valuation Office Agency (VOA)