Transitional relief due to a change in your rating
Arrangements can be made to phase in the effect of significant changes to your business rates bill by either:
- limiting the amount it will rise following a revaluation - transitional relief
- limiting the amount it will reduce following a revaluation - a transitional premium
Both transitional relief and a transitional premium will show on your bill if applicable.
GOV.UK provides more details on this type of relief.