General Revaluation Transitional Relief
The General Revaluation Transitional Relief caps the annual gross bill increases caused by the 2023 revaluation at a specified percentage increase. These caps apply to all property types.
Rateable Value (per property) |
2023/24 (Cap above gross bill in 2022) |
2024/25 (Cap above gross bill in 2022) |
2025/26 (Cap above gross bill in 2022) |
---|---|---|---|
Up to £20,000 | 12.5% | 40.6% | 93.3% |
£20,001 to £100,000 | 25% | 87.5% | 228.1% |
Over £100,000 | 37.5% | 140.6% | 411.3% |
You do not need to apply for this relief as it will be automatically applied to your bill.