Rates and Rental
Surveyors Ltd have secured a reduction in business Rateable Value of a shop and
premises in London. 46-48 Long Wyre Street, CO1
1LJ. Rates and Rental
Surveyors Ltd agreed a reduction from £36,000– £25,750 with the Valuation Office. The
reduction now means the following saving will apply excluding any transitional
relief (*) or Small Business Rates Relief (*) given by the local authority.
Year/Rate
|
Before reduction
|
After reduction
|
Saving
|
2010 - 11 / 41.4%
|
£14,904
|
£10,661
|
£4,244
|
2011-12 / 43.3%
|
£15,588
|
£11,150
|
£4,438
|
2012-13 / 45.8%
|
£16,488
|
£11,794
|
£4,695
|
2013-14 / 47.1%
|
£16,956
|
£12,128
|
£4,828
|
2014-15 /
48.2%
|
£17,352
|
£12,412
|
£4,941
|
2015-16 / 49.3%
|
£17,748
|
£12,695
|
£5,053
|
2016-17 /
(average 50.4%)
|
£18,144
|
£12,978
|
£5,166
|
TOTAL
|
£117,180
|
£83,816
|
£33,364
|