Open consultation
A consultation on the transitional arrangements to be introduced at the 2023 revaluation to ensure changes in bills are gradual and phased in over time.
This consultation closes at
11:45pm on 25 July 2022
Business rates revaluations update rateable values, and therefore, rates bills to reflect changes in the rental market. This helps ensure that shifts in economic activity which have driven changes in market values are fairly reflected in business rates liabilities.
The next revaluation of properties for business rates will take effect from 1 April 2023 based on the rental market at 1 April 2021. The government is required by law to introduce at each revaluation transitional arrangements which we have previously used to support businesses to adjust to their new bills. Therefore, this consultation seeks views on the format of the transitional arrangements for the 2023 revaluation.
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Non-Domestic Rates Team LGF – Local Taxation
Department for Levelling Up, Housing and Communities
SE Quarter - 2nd Floor Fry Building
2 Marsham Street
London
SW1P 4DF
Published 30 May 2022
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