Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. 1, LAMBRIDGE BUILDINGS, BATH, BA1 6RS. Rates and Rental Surveyors Ltd agreed a reduction from £12,500– £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% | £5,175 | £4,968 | £207 |
2011-12 / 43.3% | £5,413 | £5,196 | £217 |
2012-13 / 45.8% | £5,725 | £5,496 | £229 |
2013-14 / 47.1% | £5,888 | £5,652 | £236 |
2014-15 / 48.2% | £6,025 | £5,784 | £241 |
2015-16 / 49.3% | £6,163 | £5,916 | £247 |
2016-17 / (average 50.4%) | £6,300 | £6,048 | £252 |
TOTAL | £40,688 | £39,060 | £1,628 |