Monday 3 August 2015

Rates and Rental Surveyors Ltd - £14,600– £13,000

Rates and RentalSurveyors Ltd have secured a reduction in business Rateable Value of a workshop and premises in London. UNITS 20, 21 AND 22, WATTON INDUSTRIAL ESTATE, NORWICH ROAD, WATTON, THETFORD, NORFOLK, IP25 6DR. Rates and Rental Surveyors Ltd agreed a reduction from £14,600– £13,000 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%
£6,044
£5,382
£662
2011-12 / 43.3%
£6,322
£5,629
£693
2012-13 / 45.8%
£6,687
£5,954
£733
2013-14 / 47.1%
£6,877
£6,123
£754
2014-15 / 48.2%    
£7,037
£6,266
£771
2015-16 /  49.3%   
£7,198
£6,409
£789
2016-17  /  (average 50.4%)
£7,358
£6,552
£806
TOTAL
£47,523
£42,315
£5,208

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