Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the business rates transitional relief cap in (a) 2027-28 and (b) 2028-29 financial years will be based on the maximum percentage change relative to the (i) 2025-26 actual bill and (ii) previous year’s actual bill.

Transitional relief limits the extent to which a business can see their bills increase in a given year. Details of transitional relief and the maximum change per year can be found at: Business rates relief: Transitional relief - GOV.UK

This is part of the generous support package worth £4.3 billion over the next 3 years to help ratepayers to transition to their new bill.