Tuesday 30 June 2015

Rates and Rental Surveyors Ltd - £6,510

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


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