Rates and Rental Surveyors Ltd – shop and premises in London

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

 

 

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