Rates and Rental Surveyors Ltd – £12,532

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Day Nursery and Premises in London. 4 St.Chads Road Tilbury Essex, RM18 8LA. Rates and Rental Surveyors Ltd agreed a reduction from £11,750– £7,900 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% £4,865 £3,271 £1,594
2011-12 / 43.3% £5,088 £3,421 £1,667
2012-13 / 45.8% £5,382 £3,618 £1,763
2013-14 / 47.1% £5,534 £3,721 £1,813
2014-15 / 48.2%     £5,664 £3,808 £1,856
2015-16 /  49.3%    £5,793 £3,895 £1,898
2016-17  /  (average 50.4%) £5,922 £3,982 £1,940
TOTAL £38,246 £25,715 £12,532

 

 

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