Extension of transitional relief and small business relief

At the Budget on 27 October 2021, the government announced that it would extend the current transitional relief scheme and the supporting small business scheme (SSB) for one year to the end of the current revaluation cycle. 

The scheme will restrict increases in bills to 15% for businesses with small properties (up to and including £20,000 rateable value) and 25% for medium properties (up to and including £100,000 rateable value). 

Properties that will benefit are those with a rateable value up to and including £100,000 who would have received transitional relief and/or SSB in 2022-23. In line with the existing thresholds in the transitional relief scheme, the £100,000 rateable value threshold should be based on the rateable value shown for 1 April 2017 or the substituted day in the cases of splits and mergers. 

This relief will be automatically added and will be detailed on your bill.  

• Extension of transitional relief and supporting small business relief for small and medium properties 2022-23 (pdf 299 kb)