Business rates reliefs and exemptions

Your bill may increase or decrease as a result of a Valuation Office Agency (VOA) revaluation of your property's rateable value.

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

Transitional relief limits how much your bill can change each year. It allows a gradual phase in of the changes over a given period of time.

You do not need to apply for transitional relief. If you are eligible, we will automatically adjust your bill.

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

Transitional relief stops when your bill reaches the full amount set by a revaluation.

If your bill increased following the 1 April 2023 revaluation, the table below shows how much your bill will be gradually increased over the coming years.