Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. 105 Queensway Orpington Kent BR5 1DG. Rates and Rental Surveyors Ltd agreed a reduction from £13,000– £12,000 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% | £5,382 | £4,968 | £414 |
2011-12 / 43.3% | £5,629 | £5,196 | £433 |
2012-13 / 45.8% | £5,954 | £5,496 | £458 |
2013-14 / 47.1% | £6,123 | £5,652 | £471 |
2014-15 / 48.2% | £6,266 | £5,784 | £482 |
2015-16 / 49.3% | £6,409 | £5,916 | £493 |
2016-17 / (average 50.4%) | £6,552 | £6,048 | £504 |
TOTAL | £42,315 | £39,060 | £3,255 |