Transitional Arrangements 2017
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Transitional Arrangements 2017

All rateable values are reassessed at a general revaluation. The 2017 revaluation takes effect from 1st April 2017 and for most properties is based on rental values in April 2015. Revaluation does not raise extra money for Government or Local Authorities.

However the change in the change in the rateable values of individual properties will vary widely depending on changes in the rental market for different types of property in different locations since the last revaluation in 2010.

For those that would otherwise see significant increases in their rates liability, the Government has put in place transitional relief scheme to limit and phase in changes in rate bills as a result of the 2017 revaluation. To help pay for the limits on increases in bills, there also have to be limits on reductions in bills. Under the transitional scheme, limits continue to apply to yearly increases and decreases until the full amount is due (rateable value times the appropriate multiplier). The scheme applies only to the bill based on a property at the time of the revaluation. If there are any changes to the property after 1st April 2017, transitional arrangements will not normally apply to the part of a bill that relates to any increase in rateable value due to those changes. Changes to your bill as a result of other reasons (such as changes to the amount of small business rate relief) are not covered by the transitional arrangements.

The maximum increase/decrease is dependent on the rateable value of the property and those for 2017/18 are set out below:

Rateable Value

Maximum increase

Maximum decrease

£20000 or less

5%

20%

£20001 - £ 100000

12.5%

10%

Over £100000

42%

4.1%


The above are also subject to an allowance for inflation of 2%.

The transitional arrangements are applied automatically and are shown on the front of your bill. Further information about transitional arrangements and other reliefs may be obtained from www.gov.uk/introduction-to-business-rates.

More information on the 2017 revaluation can be found via the external links on this page.​

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