At a 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. Transitional relief is applied automatically to bills.

The relief does not apply to increases due to changes to the property after the revaluation date, 1 April 2023.

The transition scheme for Revaluation 2023 limits bill increases to the following percent plus inflation (the government has set inflation at 0% for 2023/24 transition purposes):

Transitional relief rateable value
Rateable value 2023/24 2024/25 2025/26
Small £20,000 5% 10% 25%
Medium £20,000 to £100,00 15% 25% 40%
Large > £100,00 30% 40% 55%

Further information about transitional arrangements may be obtained from the local authority or at GOV UK - Business rates overview or at GOV UK - Business rates relief - Transitional relief.