Business Rates reductions and relief

Transitional and supporting small business

Transitional Relief

Transitional relief limits how much your bill will go up as a result of the revaluation. This means if your business is eligible for transitional relief, the increases to the business rates bill will be phased in gradually.

The below table shows the percentage increases applied to phase in your bill over the next three years:

Rateable Value

2023-2024

2024-2025

2025-2026

Up to £28,000

5%

10% plus inflation

25% plus inflation

£28,000 to £100,000

15%

25% plus inflation

40% plus inflation

Over £100,000

30%

40% plus inflation

55% plus inflation

If your bill is increasing from 1 April 2026 to 31 March 2029

Rateable Value

2026-2027

2027-2028

2028-2029

Up to £20,000 (£28,000 in London)

5%

10% plus inflation

25% plus inflation

£20,001 (£28,001 in London) to £100,000

15%

25% plus inflation

40% plus inflation

Over £100,000

30%

25% plus inflation

25% plus inflation

Supporting small business relief

You can get supporting small business relief if both of the following apply:

  • Your business property’s bill will increase when the next revaluation happens on 1 April 2026
  • You’ve lost some or all of your small business rate relief, rural rate relief, retail hospitality and leisure relief or 2023 supporting small business relief

What you’ll get

If you’re eligible, your bills will go up by no more than £800 or the percentage caps listed in the table (whichever is greater) for the 2026 to 2027 tax year.

Rateable Value

2026 to 2027

Up to £20,000 (£28,000 in London)

5%

£20,001 (£28,001 in London) to £100,000

15%

Over £100,000

30%

This is compared to your bill in 2025 to 2026 and includes the following:

  • Any small business rate relief
  • Rural rate relief
  • Retail hospital and leisure relief
  • 2023 supporting small business relief