Find out more about transitional arrangements for properties that change in value.

Property values can change a good deal between each revaluation. Transitional arrangements help to phase in the effects of these changes by limiting increases in bills. To help pay for the limits on increases in bills, there also have to be limits on reductions in bills. Under the transition scheme, limits continue to apply to yearly increases and decreases until the full amount is due (rateable value times the appropriate rating multiplier).

Changes in a property

If there are any changes which result in increased rateable value, transitional arrangements will not normally apply to the increased part of the bill.

Special rules apply for changes to rateable values following the merging, splitting or reorganisation of existing properties whereby the sum of the amount of existing transitional relief is apportioned between the reconstituted parts.

More Information

Further information about transitional arrangements can be obtained from the Business Rates team or the Government website.