Transitional surcharge/relief

Where rateable values had decreased due a revaluation, some ratepayers would find that their actual bill to pay would fall considerably.  Regulations have been made by central government which mean that in these cases, ratepayers are not given the full reduction immediately; their bills would be reduced by a pre-determined % each year.

The yearly % reduction would be applied until the correct charge is achieved or over a maximum period of 4 years (whichever comes first). This is shown on your business rate bill as transitional surcharge.

There are limits on the percentage by which bills may increase or decrease each year.