 It replaced rural property relief, but included similar provisions, with 50% relief for most properties with a rateable value below £2,000, and 25% relief for rateable values between £2,000 and £5,000.Post offices with rateable values of up to £9,000 are eligible for 100% relief; while those over £9,000 and up to £12,000 receive 50%.It also authorises local authorities to set up local schemes of relief for properties up to a limit of £12,000 rateable value.