DLUHC has published a consultation – closing 18 July – on the transitional arrangements relating to the business rates revaluation. 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 revaluation transitional arrangements, which have previously been 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.
To help inform our response, please provide any comments to [email protected] by 11 July.