Transition Scheme from 1 April 2017

If there has been a large increase or decrease in the rateable value of your property it may be affected by transitional arrangements.

The charge for 2017/18 is compared with the rates for 2016/17. Any discounts or exemptions awarded in 2016/17 are not counted in this calculation.

Different transitional arrangements will apply depending on the rateable value of your property:

Rateable values
SizeRateable value

Small

Rateable Value up to £20,000

Medium

Rateable Value between £20,001 and £100,000

Large

Rateable Value £100,001 and over

As a general guide rates increases will be limited as follows:

Guide to rate increases
Type2017/182018/192019/202020/212021/22
Small5.0%7.5%10.0%15.0%15.0%
Medium12.5%17.5%20.0%25.0%25.0%
Large42.0%32.0%49.0%16.0%6.0%
 plus inflationplus inflationplus inflationplus inflationplus inflation

The difference between the two amounts is shown on the bill as Transitional Relief.

As a general guide rates decreases will be limited as follows:

Guide to rate decreases
Type2017/182018/192019/202020/212021/22
Small20.0%30.0%35.0%55.0%55.0%
Medium10.0%15.0%20.0%25.0%25.0%
Large4.1%4.6%5.9%5.8%4.8%
 plus inflationplus inflationplus inflationplus inflationplus inflation

The difference between the two amounts is shown on the bills as Transitional Surcharge.

 

The amount of transitional relief or surcharge applied to the property will then be phased out over a period of between one and five years, depending on the level of increase/decrease.

Any small business rate relief or mandatory relief will then be awarded to the bill after the Transition Relief/Surcharge has been applied.