Welcome to Bedford Borough Council

 
Our Services A - Z :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 
 

You are here: Home Page > Business > Business Rates > Transitional Phasing

Transitional Phasing or Relief

Following the revaluation of business properties from April 2017 there will be a transitional scheme to limit how much a rates bill can increase or reduce due to the revaluation.

The percentage by which a bill can change in 2017/18 compared to the 2016/17 bill depends on the rateable value of the property as shown in the table;

 

 

Business Size

RV

2017/18

Upwards Cap

Small

Up to £20,000

5.0%

Medium

>£20,000

12.5%

Large

>£100,000

42.0%

Downwards Cap

Small

Up to £20,000

-20.0%

Medium

>£20,000

-10.0%

Large

>£100,000

-4.1%

 

The limits will be applied after increasing the 2016/17 bill by 2.0% to allow for inflation (based on the retail priced index at September 2016). 

 

Don't Miss

Borough Hall Exterior

This website provides information on the services delivered by Bedford Borough Council.

 


Stay Connected
Sign up for email alerts!