Published on: 23 June 2022
The Department for Levelling Up, Housing and Communities has launched a consultation on transitional arrangements to help businesses adjust to their new business rates following the next round revaluations which will take place in April 2023.
The Government is required to consult on these transition arrangements and is seeking feedback on the format of transitional arrangements, whether caps should be provided for different sized properties and how transitional arrangements should be funded.
Further information about the consultation and details of how to respond can be found here. The consultation will close on 25 July.