Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. Joe Jennings Bookmaker, Kings Head Walk, Chelmsford CM2 6FH. Rates and Rental Surveyors Ltd agreed a reduction from £29,250– £29,000 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% | £12,110 | £12,006 | £104 |
2011-12 / 43.3% | £12,665 | £12,557 | £108 |
2012-13 / 45.8% | £13,397 | £13,282 | £115 |
2013-14 / 47.1% | £13,777 | £13,659 | £118 |
2014-15 / 48.2% | £14,099 | £13,978 | £121 |
2015-16 / 49.3% | £14,420 | £14,297 | £123 |
2016-17 / (average 50.4%) | £14,742 | £14,616 | £126 |
TOTAL | £95,209 | £94,395 | £814 |