Rates and Rental Surveyors Ltd – Workshop in London

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a workshop and premises in London. UNIT 75, POWDER MILL LANE, QUESTOR, DARTFORD, DA1 1JA. Rates and Rental Surveyors Ltd agreed a reduction from £33,500– £26,250 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% £13,869 £10,868 £3,002
2011-12 / 43.3% £14,506 £11,366 £3,139
2012-13 / 45.8% £15,343 £12,023 £3,321
2013-14 / 47.1% £15,779 £12,364 £3,415
2014-15 / 48.2%     £16,147 £12,653 £3,495
2015-16 /  49.3%    £16,516 £12,941 £3,574
2016-17  /  (average 50.4%) £16,884 £13,230 £3,654
TOTAL £109,043 £85,444 £23,599

 

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