Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Warehouse and Premises in London. VENTURE WAY TAUNTON TA2 8DE. Rates and Rental Surveyors Ltd agreed a reduction from £13,500– £13,000 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% | £5,589 | £5,382 | £207 |
2011-12 / 43.3% | £5,846 | £5,629 | £217 |
2012-13 / 45.8% | £6,183 | £5,954 | £229 |
2013-14 / 47.1% | £6,359 | £6,123 | £236 |
2014-15 / 48.2% | £6,507 | £6,266 | £241 |
2015-16 / 49.3% | £6,656 | £6,409 | £247 |
2016-17 / (average 50.4%) | £6,804 | £6,552 | £252 |
TOTAL | £43,943 | £42,315 | £1,628 |