Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. 45,45a THE AVENUE, MINEHEAD, SOMERSET, TA24 5BB. Rates and Rental Surveyors Ltd agreed a reduction from £22,250– £21,500 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% | £9,212 | £8,901 | £311 |
2011-12 / 43.3% | £9,634 | £9,310 | £325 |
2012-13 / 45.8% | £10,191 | £9,847 | £344 |
2013-14 / 47.1% | £10,480 | £10,127 | £353 |
2014-15 / 48.2% | £10,725 | £10,363 | £362 |
2015-16 / 49.3% | £10,969 | £10,600 | £370 |
2016-17 / (average 50.4%) | £11,214 | £10,836 | £378 |
TOTAL | £72,424 | £69,983 | £2,441 |