Small Business Transitional Relief
Small Business Transitional Relief (SBTR) is available to ensure that properties that have lost eligibility to Small Business Bonus relief or Rural Rates relief do so in a phased manner.
For those losing or seeing a reduction in these reliefs from 1 April 2023, the maximum increase in the rates liability, relative to 31 March 2023, will be capped at £1,200 in 2024-25 rising to £1,800 in 2025-26.
The SBTR caps bill increases if the 2023 revaluation meant that you:
- are no longer eligible for the Small Business Bonus Scheme
- saw a reduction in your eligibility for the Small Business Bonus Scheme
- are no longer eligible for Rural Rates Relief
To be eligible for this relief, the property requires to have been shown in an entry on the valuation roll on both 31 March 2023 and 1 April 2023. Properties with a nil rateable value on 1 April 2023, or which had a nil rateable value on 31 March 2023 are not eligible.
This relief must be applied for. If you were granted this relief in 2023-24, you don't need to reapply in 2024-25.
Parks Transitional Relief
A Parks Transitional Relief provides for a 33% relief award for parts of parks that existed but were exempt from valuation for Non-Domestic Rating on 31 March 2023, and which became rateable on 1 April 2023.
This relief must be applied for. If you were granted this relief in 2023-24, you don’t need to reapply in 2024-25.
Apply for Small Business or Parks Transitional Relief
You can apply using our online form. If you need any assistance, contact our Customer Advice and Support Service.