What is Transitional Relief?
If your rateable value of your property changes significantly as a result of revaluation, your rates will change gradually. This is called ‘transitional relief’.
If you get transitional relief, your local council will include this automatically when working out what business rates you should pay.
A small property has a 2010 rateable value below £18,000 (£25,500 within Greater London). All other properties are large properties.
There are limits on how much your rates can increase or decrease.
Please see the Government website to find out more information; https://www.gov.uk/apply-for-business-rate-relief/transitional-rate-relief
Hammer Properties 
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