Rates and RentalSurveyors Ltd have secured a reduction in business Rateable Value of a workshop
and premises in London. Unit 7 Paramount
industrial Estate, Sandown Road, Watford. WD24 7XA. Rates and Rental Surveyors Ltd agreed a reduction
from £21,500– £20,000 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%
|
£8,901
|
£8,280
|
£621
|
2011-12 / 43.3%
|
£9,310
|
£8,660
|
£650
|
2012-13 / 45.8%
|
£9,847
|
£9,160
|
£687
|
2013-14 / 47.1%
|
£10,127
|
£9,420
|
£707
|
2014-15 /
48.2%
|
£10,363
|
£9,640
|
£723
|
2015-16 / 49.3%
|
£10,600
|
£9,860
|
£740
|
2016-17 /
(average 50.4%)
|
£10,836
|
£10,080
|
£756
|
TOTAL
|
£69,983
|
£65,100
|
£4,883
|