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Transitional Limits

Commercial properties are usually revalued every 5 years. The last revaluation was in 2010 and the rateable values were calculated based on rental value as at 1st April 2008. All properties have now been revalued based on the rental values as at 1st April 2015. This will come into effect on 1st April 2017.

If there is a large raise in your liability you may receive a Transitional Relief, if on the other hand your liability has a large decrease, you may have to pay a Transitional Premium.

The transitional relief scheme is used to phase in the increase/decrease in rates payable following the revaluation. This relief or premium is automatic and will be applied to your bill if the difference is within the specified percentage

Following the 2017 revaluation, the transitional scheme runs for five years, after which time everyone pays the full amount.

Transitional Limits

Upward CapDownward Cap
YearSmallMediumLargeYearSmall MediumLarge
2017/185%12.5%42%2017/1820%10%4.1%
2018/197.5%17.5%32%2018/1930%15%4.6%
2019/2010%20%49%2019/2035%20%5.9%
2020/2115%25%16%2020/2155%25%5.8%
2021/2215%25%6%2021/2255%25%4.8%

Note: these are year on year caps on increases. For instance, the maximum increase for small properties over 5 years would be 64%. But a small property with an increase of 7% would reach their full bill in year 2.

  • Small Property - Rateable Value less than £20,000 
  • Medium Property - £20,001 -£100,000
  • Large Property - above £100,000

The scheme applies only to the bill based on a property at the time of a revaluation. If there are any changes to the property after the revaluation date, transitional arrangements will not normally apply to the part of a bill that relates to any increase in rateable value due to those changes.

Contact us

Tel: 01279 655261 Ext 7223

Email: businessrates@hertspartnership-ala.gov.uk

Write to:

Business Rates Section
East Herts Council
Wallfields
Pegs Lane
Hertford
Herts
SG13 8EQ