The government’s Valuation Office Agency (VOA) generally conducts a non-domestic properties revaluation every five years where new rateable values are given to each property. Rateable values can change a good deal between each revaluation and are often affected by regional variations in the value of property.
Because the rates paid on a property are based on the valuation some properties see a large rise in rates following a revaluation, while others see a reduction.
Transitional relief is a government scheme introduced to ensure that any large increases or large decreases in rates bills arising from the revaluations are phased in gradually over a number of years. Under the scheme, increases and decreases are limited to a set percentage.
If you are entitled to any transitional protection it will automatically be calculated when we work out your bill. You do not need to apply for it.