If the rateable value of your property changes significantly as a result of revaluation, your rates will change gradually. This is called 'transitional relief'.

If the rateable value of your property changes significantly as a result of revaluation, your rates will change gradually. This is called 'transitional relief'.

If you get transitional relief, your local council will include this automatically on your bill when working out what business rates you should pay.

A small property is a property with a rateable value below £18,000. All other properties are considered to be large properties.

There are limits on how much your rates can increase or decrease as a result of Transitional Relief:

Rate increase limits

YearSmall propertyLarge property
2010 to 20115%12.5%
2011 to 20127.5%17.5%
2012 to 201310%20%
2013 to 201415%25%
2014 to 201515%25%


Rate decrease limits

YearSmall propertyLarge property
2010 to 201120%4.6%
2011 to 201230%6.7%
2012 to 201335%7%
2013 to 201455%13%
2014 to 201555%13%