Rates and Rental Surveyors Ltd – £17,903

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

 

 

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