Rates and Rental
Surveyors Ltd have secured a reduction in business Rateable Value of a Warehouse,
Workshop and Premises in London. H1 and H2
COLCHESTER SEEDBED CENTRE, WYNCOLLS ROAD, COLCHESTER, CO4 9HT. Rates and Rental Surveyors Ltd agreed a reduction
from £27,750– £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%
|
£11,489
|
£10,661
|
£828
|
2011-12 / 43.3%
|
£12,016
|
£11,150
|
£866
|
2012-13 / 45.8%
|
£12,710
|
£11,794
|
£916
|
2013-14 / 47.1%
|
£13,070
|
£12,128
|
£942
|
2014-15 /
48.2%
|
£13,376
|
£12,412
|
£964
|
2015-16 / 49.3%
|
£13,681
|
£12,695
|
£986
|
2016-17 /
(average 50.4%)
|
£13,986
|
£12,978
|
£1,008
|
TOTAL
|
£90,326
|
£83,816
|
£6,510
|