▁from ▁the ▁Tre as ury , ▁while ▁the ▁ 2 0 0 0 ▁list ▁scheme ▁was ▁designed ▁to ▁be ▁re venue - neut ral ▁over ▁the ▁lifetime ▁of ▁the ▁list , ▁al beit ▁with ▁Tre as ury ▁fund ing ▁at ▁the ▁beginning . ▁The ▁Local ▁Government ▁Act ▁ 2 0 0 3 ▁required ▁that ▁all ▁re valu ations ▁in ▁England ▁feature ▁a ▁re venue - neut ral ▁scheme , ▁beginning ▁with ▁the ▁ 2 0 0 5 ▁rating ▁list . ▁Trans itional ▁relief ▁applies ▁only ▁to ▁changes ▁in ▁li ability ▁between ▁rating ▁lists , ▁not ▁changes ▁within ▁lists . ▁For ▁example , ▁under ▁the ▁ 2 0 0 5 ▁trans itional ▁relief ▁scheme ▁in ▁England , ▁if ▁a ▁rate able ▁value ▁had ▁ris en ▁by ▁ 2 0 %, ▁the ▁rise ▁in ▁li ability ▁would ▁be ▁restricted ▁to ▁ 1 2 . 5 % ▁in ▁the ▁first ▁year , ▁ 1 7 . 5 % ▁in ▁the ▁second ▁year , ▁and ▁the ▁full ▁ 2 0 % ▁in ▁the ▁third ▁year ▁( d ifferent ▁restrictions ▁would ▁apply ▁for ▁a ▁small ▁business ). ▁Trans itional ▁relief ▁schemes ▁have ▁been ▁applied ▁to ▁the ▁ 1 9 9 0 , ▁ 1 9 9 5 , ▁and ▁ 2 0 0 0 ▁rating ▁lists ▁in ▁England ▁and ▁Wales , ▁and ▁to ▁the ▁ 2 0 0 5 ▁rating ▁list ▁in ▁England . ▁ ▁R ating ▁list ▁▁ ▁Starting ▁on ▁ 1 ▁April ▁ 1 9 9 0 , ▁a ▁rating ▁list ▁for ▁each ▁local ▁authority ▁was