Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Restaurant and premises in London. The Rotunda Kingston KT1 1QJ. Rates and Rental Surveyors Ltd agreed a reduction from £190,000– £165,000 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% | £78,660 | £68,310 | £10,350 |
| 2011-12 / 43.3% | £82,270 | £71,445 | £10,825 |
| 2012-13 / 45.8% | £87,020 | £75,570 | £11,450 |
| 2013-14 / 47.1% | £89,490 | £77,715 | £11,775 |
| 2014-15 / 48.2% | £91,580 | £79,530 | £12,050 |
| 2015-16 / 49.3% | £93,670 | £81,345 | £12,325 |
| 2016-17 / (average 50.4%) | £95,760 | £83,160 | £12,600 |
| TOTAL | £618,450 | £537,075 | £81,375 |
Advertisements
