Rates and Rental
Surveyors Ltd have secured a reduction in business Rateable Value of a Factory
and Premises in London. Miro House, Western
Way(West), Bury St Edmonds, Suffolk IP33 3SP. Rates and Rental Surveyors Ltd agreed a reduction
from £56,500– £56,000 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%
|
£23,391
|
£23,184
|
£207
|
2011-12 / 43.3%
|
£24,465
|
£24,248
|
£217
|
2012-13 / 45.8%
|
£25,877
|
£25,648
|
£229
|
2013-14 / 47.1%
|
£26,612
|
£26,376
|
£236
|
2014-15 /
48.2%
|
£27,233
|
£26,992
|
£241
|
2015-16 / 49.3%
|
£27,855
|
£27,608
|
£247
|
2016-17 /
(average 50.4%)
|
£28,476
|
£28,224
|
£252
|
TOTAL
|
£183,908
|
£182,280
|
£1,628
|
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