Transitional Relief
Transitional Relief Scheme 2026/2027
The scheme caps the maximum annual increase in business rates for properties that see a rise in their rateable value (RV) due to the revaluation. The caps are as follows for the financial years as shown below:
- Small Properties (RV up to £20,000): 5% increase max.
- Medium Properties (RV £20,001 to £100,000): 15% increase max.
- Large Properties (RV over £100,000): 30% increase max.
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 |
Note: These caps apply to the increase in the bill, not the rateable value itself, and are automatically applied by Mid Devon District Council, there is no requirement to apply for this reduction
For further information on the scheme please click this link