Rates and Rental
Surveyors Ltd have secured a reduction in business Rateable Value of a shop and
premises in London. 27a ButterMarket, Bury St
Edmunds IP33 1DW. Rates and
Rental Surveyors Ltd agreed a reduction from £29,000– £26,500 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%
|
£12,006
|
£10,971
|
£1,035
|
2011-12 / 43.3%
|
£12,557
|
£11,475
|
£1,083
|
2012-13 / 45.8%
|
£13,282
|
£12,137
|
£1,145
|
2013-14 / 47.1%
|
£13,659
|
£12,482
|
£1,178
|
2014-15 /
48.2%
|
£13,978
|
£12,773
|
£1,205
|
2015-16 / 49.3%
|
£14,297
|
£13,065
|
£1,233
|
2016-17 /
(average 50.4%)
|
£14,616
|
£13,356
|
£1,260
|
TOTAL
|
£94,395
|
£86,258
|
£8,138
|
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