Rates and Rental Surveyors Ltd – £18,716 reduction

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Offices, Store and Premises in London. 1 Queen Victoria Street, Bristol BS2 0QR. Rates and Rental Surveyors Ltd agreed a reduction from £16,000– £10,250 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% £6,624 £4,244 £2,381
2011-12 / 43.3% £6,928 £4,438 £2,490
2012-13 / 45.8% £7,328 £4,695 £2,634
2013-14 / 47.1% £7,536 £4,828 £2,708
2014-15 / 48.2%     £7,712 £4,941 £2,772
2015-16 /  49.3%    £7,888 £5,053 £2,835
2016-17  /  (average 50.4%) £8,064 £5,166 £2,898
TOTAL £52,080 £33,364 £18,716

 

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