Parks Transitional Relief provides for a 33% award in 2024/25 (67% in 2023/24) for parts of parks that existed but were exempt from valuation for Non-Domestic Rating on 31 March 2023 and became rateable on 1 April 2023.
An award of Parks Transitional Relief may be applicable if the following conditions are met.
The premises
- is a park or part of a park
- were not shown on the Valuation Roll on 31 March 2023
- were inserted in the Valuation Roll for the first time on 1 April 2023
- has a rateable value in excess of zero on 1 April 2023.
Applicants should note that the rates relief for which they are applying is being treated as Minimal Financial Assistance (MFA) under the .
The application form will detail the additional criteria required from you. Where relief is given, the MFA offered is the amount of relief shown on your bill.
A written record must be kept for at least three years beginning with the date on which the MFA was given. This is to enable you to respond to future requests on how much MFA you have received and whether you have reached the cumulative threshold.