Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Restaurant and Premises in London. 157 Broadway Bexleyheath, DA6 7EZ. Rates and Rental Surveyors Ltd agreed a reduction from £46,250– £43,000 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% | £19,148 | £17,802 | £1,346 |
2011-12 / 43.3% | £20,026 | £18,619 | £1,407 |
2012-13 / 45.8% | £21,183 | £19,694 | £1,489 |
2013-14 / 47.1% | £21,784 | £20,253 | £1,531 |
2014-15 / 48.2% | £22,293 | £20,726 | £1,567 |
2015-16 / 49.3% | £22,801 | £21,199 | £1,602 |
2016-17 / (average 50.4%) | £23,310 | £21,672 | £1,638 |
TOTAL | £150,544 | £139,965 | £10,579 |