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) |
|---|---|---|
| Up to £20,000 | 12.5% | 40.6% |
| £20,001 to £100,000 | 25% | 87.5% |
| Over £100,000 | 37.5% | 140.6% |
You do not need to apply for this relief as it will be automatically applied to your bill.