Transitional arrangements will phase in the effect of large changes in liability arising from the 2010 revaluation of non-domestic property.
Where appropriate, these arrangements will operate until March 2015 (when all non-domestic property will be revalued again). There are limits on the percentage by which bills may increase (this gives rise to transitional relief) or decrease (this gives rise to a transitional premium) each year. Further information about transitional arrangements may be obtained from the Revenue Section at Mole Valley District or by reading the Business Rates 2012 leaflet.
Transitional arrangements have existed for each of the valuation lists published since the abolition of general rates on the 31st March 1990. Information regarding the transitional arrangements applicable to the 1990, 1995, 2000, and 2005 Valuation Lists can be obtained from the Revenues Section at:
Mole Valley District Council, Pippbrook, Dorking, Surrey, RH4 1SJ, by calling 01306 879293 or faxing 01306 879395.
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Mole Valley District Council.
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