Monday 13 July 2015

Rates and Rental Surveyors Ltd - £52,000– £50,500

Rates and RentalSurveyors Ltd have secured a reduction in business Rateable Value of a workshop and premises in London. Unit 9/10 Stor Industrial Estate Grays RM16 4AT. Rates and Rental Surveyors Ltd agreed a reduction from £52,000– £50,500 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%
£21,528
£20,907
£621
2011-12 / 43.3%
£22,516
£21,867
£650
2012-13 / 45.8%
£23,816
£23,129
£687
2013-14 / 47.1%
£24,492
£23,786
£707
2014-15 / 48.2%    
£25,064
£24,341
£723
2015-16 /  49.3%   
£25,636
£24,897
£740
2016-17  /  (average 50.4%)
£26,208
£25,452
£756
TOTAL
£169,260
£164,378
£4,883


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