Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Restaurant and Premises in London. Alley Hallows Bypass Tower Church, Byward Street, London EC3R 5BJ. Rates and Rental Surveyors Ltd agreed a reduction from £39,250– £33,750 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% | £16,250 | £13,973 | £2,277 |
2011-12 / 43.3% | £16,995 | £14,614 | £2,382 |
2012-13 / 45.8% | £17,977 | £15,458 | £2,519 |
2013-14 / 47.1% | £18,487 | £15,896 | £2,591 |
2014-15 / 48.2% | £18,919 | £16,268 | £2,651 |
2015-16 / 49.3% | £19,350 | £16,639 | £2,712 |
2016-17 / (average 50.4%) | £19,782 | £17,010 | £2,772 |
TOTAL | £127,759 | £109,856 | £17,903 |