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. 5 Orwell Court, Hurricane Way, Wickford, Essex SS11 8YJ. Rates and Rental Surveyors Ltd agreed a reduction from £27,750– £20,000 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% £11,489 £8,280 £3,209
2011-12 / 43.3% £12,016 £8,660 £3,356
2012-13 / 45.8% £12,710 £9,160 £3,550
2013-14 / 47.1% £13,070 £9,420 £3,650
2014-15 / 48.2%     £13,376 £9,640 £3,736
2015-16 /  49.3%    £13,681 £9,860 £3,821
2016-17  /  (average 50.4%) £13,986 £10,080 £3,906
TOTAL £90,326 £65,100 £25,226
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