Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a workshop and premises in London. Unit 5 Clocktower Industrial Estate, Clocktower Road, Isleworth TW7 6GF. Rates and Rental Surveyors Ltd agreed a reduction from £49,750– £41,250 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% | £20,597 | £17,078 | £3,519 |
2011-12 / 43.3% | £21,542 | £17,861 | £3,681 |
2012-13 / 45.8% | £22,786 | £18,893 | £3,893 |
2013-14 / 47.1% | £23,432 | £19,429 | £4,004 |
2014-15 / 48.2% | £23,980 | £19,883 | £4,097 |
2015-16 / 49.3% | £24,527 | £20,336 | £4,191 |
2016-17 / (average 50.4%) | £25,074 | £20,790 | £4,284 |
TOTAL | £161,936 | £134,269 | £27,668 |