Rates and Rental Surveyors Ltd – Premises in London

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a premises in London. 9-13 Elmfield Road, Bromley BR1 1LT. Rates and Rental Surveyors Ltd agreed a reduction from £66,000– £59,500 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% £27,324 £24,633 £2,691
2011-12 / 43.3% £28,578 £25,764 £2,815
2012-13 / 45.8% £30,228 £27,251 £2,977
2013-14 / 47.1% £31,086 £28,025 £3,062
2014-15 / 48.2%     £31,812 £28,679 £3,133
2015-16 /  49.3%    £32,538 £29,334 £3,205
2016-17  /  (average 50.4%) £33,264 £29,988 £3,276
TOTAL £214,830 £193,673 £21,158
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