Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a workshop and premises in London. UNIT 4C AVENUE WORKS, SOUTHEND ARTERIAL ROAD, GIDEA PARK, ROMFORD, RM3 0BY. Rates and Rental Surveyors Ltd agreed a reduction from £19,500– £19,250 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% | £8,073 | £7,970 | £104 |
2011-12 / 43.3% | £8,444 | £8,335 | £108 |
2012-13 / 45.8% | £8,931 | £8,817 | £115 |
2013-14 / 47.1% | £9,185 | £9,067 | £118 |
2014-15 / 48.2% | £9,399 | £9,279 | £121 |
2015-16 / 49.3% | £9,614 | £9,490 | £123 |
2016-17 / (average 50.4%) | £9,828 | £9,702 | £126 |
TOTAL | £63,473 | £62,659 | £814 |