Transitional relief 2017-2022
Transitional Relief was introduced to limit rates bill increases to 12.5% (in real terms) after the most recent revaluation, which took effect from 1 April 2017.
The relief has since been extended into 2022/23. It only applies to properties which are used mainly or wholly for certain specified purposes. The details of these categories are listed below:
- bed and breakfast accommodation
- camping site
- caravan site
- chalet and holiday hut
- guest house, hotel and hostels
- public house
- self-catering holiday accommodation
- timeshare accommodation.
No Transitional Relief will apply on properties where the rateable value exceeds £1.5 million.