Transitional relief limits how much your bill can change each year as a result of business rates revaluation. This means changes to your bill are phased in gradually, if you’re eligible. From the 2023 to 2024 tax year you’ll get transitional relief if your: property is in England rates go up by more than a certain amount We will adjust your bill automatically if you’re eligible. How much your bill can change by How much your bill can change by from one year to the next depends on both: your property’s rateable value whether your bill is increasing or decreasing as a result of revaluation You stop getting transitional relief when your bill reaches the full amount set by a revaluation. The business rates year is from 1 April to 31 March the following year. If your bill is increasing from 1 April 2023 Table showing information about if your bill is increasing from 1 April 2023 Rateable value 2023 to 2024 2024 to 2025 2025 to 2026 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% 40% plus inflation 55% plus inflation Transitional certificates A transitional certificate value may be used in the business rates calculation for your property instead of the usual rateable value. If you disagree with the value of the certificate, contact the Valuation Office Agency (VOA).