Rates and Rental Surveyors Ltd - £8,138

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. 339a, Lakeside Shopping Centre, Grays, Essex, RM16 1ZH. Rates and Rental Surveyors Ltd agreed a reduction from £56,000– £53,500 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%	£23,184	£22,149	£1,035
2011-12 / 43.3%	£24,248	£23,166	£1,083
2012-13 / 45.8%	£25,648	£24,503	£1,145
2013-14 / 47.1%	£26,376	£25,199	£1,178
2014-15 / 48.2%	£26,992	£25,787	£1,205
2015-16 /  49.3%	£27,608	£26,376	£1,233
2016-17  /  (average 50.4%)	£28,224	£26,964	£1,260
TOTAL	£182,280	£174,143	£8,138