Rate reliefs and exemptions

As a result of the 2023 revaluation, some ratepayers will see reductions or no change in their bill whereas some ratepayers will see increases.

Transitional relief schemes are introduced at each revaluation to help those facing increases.

The scheme will restrict 2024 bill increases to:

• 10% for businesses with small properties (up to and including £20,000 rateable value)
• 25% for medium properties (up to and including £100,000 rateable value).
• 40% for large properties (over £100,000 rateable value).

Transitional relief is applied automatically to bills.

Further information about transitional arrangements may be obtained from the local authority or at GOV.UK: Introduction to business rates.