Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Day Nursery and Premises in London. Brishing Lane, Boughton Monchelsea, Maidstone ME17 4NF. Rates and Rental Surveyors Ltd agreed a reduction from £28,500– £25,000 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% | £11,799 | £10,350 | £1,449 |
2011-12 / 43.3% | £12,341 | £10,825 | £1,516 |
2012-13 / 45.8% | £13,053 | £11,450 | £1,603 |
2013-14 / 47.1% | £13,424 | £11,775 | £1,649 |
2014-15 / 48.2% | £13,737 | £12,050 | £1,687 |
2015-16 / 49.3% | £14,051 | £12,325 | £1,726 |
2016-17 / (average 50.4%) | £14,364 | £12,600 | £1,764 |
TOTAL | £92,768 | £81,375 | £11,393 |