Rates and Rental Surveyors Ltd – £16,275

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. SU743, UPPER MALL WEST, BULLRING, BIRMINGHAM, B5 4BF. Rates and Rental Surveyors Ltd agreed a reduction from £105,000– £100,000 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% £43,470 £41,400 £2,070
2011-12 / 43.3% £45,465 £43,300 £2,165
2012-13 / 45.8% £48,090 £45,800 £2,290
2013-14 / 47.1% £49,455 £47,100 £2,355
2014-15 / 48.2%     £50,610 £48,200 £2,410
2015-16 /  49.3%    £51,765 £49,300 £2,465
2016-17  /  (average 50.4%) £52,920 £50,400 £2,520
TOTAL £341,775 £325,500 £16,275

 

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