Rates and Rental – Cab Office

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a cab office and premises in London. 23 Greek Street, Soho, London W1D 4DZ. Rates and Rental Surveyors Ltd agreed a reduction from £32,000– £10,750 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% £13,248 £4,451 £8,798
2011-12 / 43.3% £13,856 £4,655 £9,201
2012-13 / 45.8% £14,656 £4,924 £9,733
2013-14 / 47.1% £15,072 £5,063 £10,009
2014-15 / 48.2%     £15,424 £5,182 £10,243
2015-16 /  49.3%    £15,776 £5,300 £10,476
2016-17  /  (average 50.4%) £16,128 £5,418 £10,710
TOTAL £104,160 £34,991 £69,169
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