Business rates discounts
Transitional relief
Rural Transitional Relief
From 1 April 2023 this scheme caps the increase in gross liability for property previously in receipt of rural relief but that no longer qualifies due to a change in rateable value because of the 2023 Revaluation. The maximum increase in gross rates liability relative to 31 March 2023 will be capped at £600 in 2023-24, rising to £1,200 in 2024-25 and £1,800 in 2025-26.
Apply for Rural Transitional Relief
Rural Transitional Relief is likely to be considered as subsidy under the rules of the Subsidy Control Act 2002 and you will be asked about any subsidy recevied when you complete the application form.
Revaluation Transitional Relief
2023 was a revaluation year and the majority of rateable values changed as a result of the revaluation. The Assessor is responsible for revaluation and if you have any enquiries regarding this matter please email: assessor@highland.gov.uk
A revaluation transitional relief scheme was introduced from 1 April 2023 to cap the increase in gross rates liability (in cash terms) due to revaluation. The caps in gross liability in 2023-24 is 12.5% for small properties, 25% for medium properties and 37.5% for large properties. The scheme runs for 3 years from 1 April 2023 and details of the year-on-year caps (%) are shown in the table:
|
Rateable Value |
2023-24 |
2024-25 |
2025-26 |
|
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%* |
*The increase is calculated on your 2023-24 net charge (after transitional relief is granted), and in 2025-26 the increase will be calculated on your 2024-25 net charge.
Revaluation transitional relief will be automatically awarded to your rates account if eligible.
Park Transitonal Relief
From 1 April 2023 this scheme caps the charges for parks or part of parks newly entered onto the valuation roll on 1 April 2023 that were previously exempt from rating. The rates charge will be capped at 33% of the gross 2023-24 rates bill in 2024/25 and then 67% of the gross 2023-24 rates bill in 2024/25.
Apply for Park Transitional Relief
Park Transitional Relief is likely to be considered as subsidy under the rules of the Subsidy Control Act 2002 and you will be asked about any subsidy received when you complete the application form.