Rates and Rental Surveyors Ltd – £16,438

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. 12&14, QUEENS STREET, SOUTHWOLD, SUFFOLK, IP18 6EQ. Rates and Rental Surveyors Ltd agreed a reduction from £12,250– £7,200 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% £5,072 £2,981 £2,091
2011-12 / 43.3% £5,304 £3,118 £2,187
2012-13 / 45.8% £5,611 £3,298 £2,313
2013-14 / 47.1% £5,770 £3,391 £2,379
2014-15 / 48.2%     £5,905 £3,470 £2,434
2015-16 /  49.3%    £6,039 £3,550 £2,490
2016-17  /  (average 50.4%) £6,174 £3,629 £2,545
TOTAL £39,874 £23,436 £16,438

 

 

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