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Transitional arrangements

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The rateable values of properties normally change between each re-valuation. Transitional arrangements help to phase in these changes by limiting the amount by which a bill may rise following a revaluation. To pay for the limits on increases in bills after a revaluation, there are also limits on reductions in bills.

Under the transition scheme, limits continue to apply to yearly increases and decreases until the full amount is due (rateable value times the multiplier).

The scheme only applies to the bill based on a property at the time of the revaluation. If there are any changes to the property after the revaluation date, transitional arrangements will not normally apply to the part of the bill that applies to any increase in rateable value due to those changes.

The government has introduced a 5 year scheme of transitional relief that is designed to smooth out large increases and decreases in rateable values caused by the 2010 revaluation.  For 2014-15, bills will not (before taking account of inflation of 1.9%) increase by more than 15% for properties with a RV below 18,000 or by more than 25% for properties with an RV above 18,000. Properties with an RV below 18,000 will see their bills reduce by no more than 55%, whilst properties with an RV above 18,000 will see their bills reduce by no more than 13%.

The Government has introduced an extension to the transitional rate relief scheme in 2015/16 and 2016/17, for a limited number of properties with a rateable value of up to £50,000, but this will depend on the circumstances of each case. Contact us for more information on transitional arrangements.

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For: Buses, Schools, Libraries, Registrars Office, Highways, Social Services

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Burnley - the most enterprising town in britain award winner 2013 Investors in People - Champion We are a living wage employer We are a disability confident employer