Rates and Rental Surveyors Ltd - reduction from £15,250– £14,000

Rates and RentalSurveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. DAVID MARSH HARDWARE, FORE STREET, CASTLE CARY, SOMERSET, BA7 7BG. Rates and Rental Surveyors Ltd agreed a reduction from £15,250– £14,000 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%	£6,314	£5,796	£518
2011-12 / 43.3%	£6,603	£6,062	£541
2012-13 / 45.8%	£6,985	£6,412	£573
2013-14 / 47.1%	£7,183	£6,594	£589
2014-15 / 48.2%	£7,351	£6,748	£603
2015-16 /  49.3%	£7,518	£6,902	£616
2016-17  /  (average 50.4%)	£7,686	£7,056	£630
TOTAL	£49,639	£45,570	£4,069