National Non-Domestic Rates (NNDR)
Property values normally change a good deal between each revaluation. Transitional arrangements help to phase in the effects of these changes by limiting increases in bills. To help pay for the limits on increases in bills, there also have to be limits on reductions in bills. Under the transition scheme, limits continue to apply to yearly increases and decreases until the full amount is due (rateable value times the appropriate multiplier).
The scheme applies only to the bill based on a property at the time of the revaluation. If there are any changes to the property after 1 April 2010, transitional arrangements will not normally apply to the part of a bill that relates to any increase in rateable value due to those changes. Any transitional adjustments are shown on the front of your bill.
Further information about transitional arrangements and other relief's may be obtained from Ribble Valley Borough Council on 01200 414451 or email email@example.com or on the GOV.UK website Business Rates.
Pages in National Non-Domestic Rates (NNDR)
- Business Rates
- Rateable Value
- National Non-Domestic Rating Multiplier
- You are here: Transitional Arrangements
- Unoccupied Property Rating
- Partly Occupied Property Relief
- Small Business Rate Relief
- Charity and Registered Community Amateur Sports Club Relief
- Non-Profit Making Organisational Relief
- Hardship Relief
- Rate Relief for Businesses in Rural Areas
- Rating Advisors
- Completion Notices
- Government extends temporary increase in Small Business Rate Relief