Transitional Relief for business rates
Business rates relief (known as transitional relief) is available if the rateable value of your property his increased from 1st April 2023.
The level of relief is determined by the rateable value prior to 31 March 2023 and the new rateable value from 1 April 2023.
Rateable Value | 2023/2024 | 2024/2024 | 2025/2026 |
|---|---|---|---|
Small (up to £20,000) | 12.5% | 25% | 37.5% |
Medium (£20,001 to £100,000) | 25% | 50% | 75% |
Large (Over £100,000) | 37.5% | 75% | 112.5% |
Once properties effected by this scheme are identified we will issue a revised bill. Unfortunately, there was no opportunity for Local Authorities to implement the scheme prior to annual bills being issued.
Small Business Bonus Transitional Relief
Relief is available for properties that are no longer able to claim small business bonus relief as their rateable value has increased from 1 April 2023. If you have seen an increase in your bill, this will be capped at £600 for financial year 2023/2024 and £1200 for financial year 2024/2025.
If you are affected by these changes we will write to you soon inviting an application to made for this relief.
Parks Transitional Relief
Relief is available for new Park entries entered onto the valuation roll from 1 April 2023. If qualifying criteria is met, 67% relief will be applied for financial year 2023/2024 and 33% for financial year 2024/2025.
In order to qualify for small business bonus transitional relief and parks transitional relief, an application form must be completed.
You can submit an application using our online form.
You will need the following information available when applying:
- The Account Reference shown on your Non-Domestic Rates bill (or an Assessor's Property Reference Number)
- The name of the person or business shown as the ratepayer on your Non-Domestic Rates bill
Email ndr@dumgal.gov.uk or call 0303 333 3005 (option 3) if you need further details on this relief.
What happens next
We'll review your application and let you know if you are entitled to a discount, this can take up to 30 days. We may ask for more information to help us make a decision.
