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. See the following tables for more information
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.
Tel: 01279 655261 Ext 7223
Business Rates Section
East Herts Council