The BID Levy - 1.5%

During the Steering Committee Meeting on 30th July and following input from the wider business community during the Event on 20th June, the Committee formally agreed the BID Levy at 1.5% of rateable value.  Businesses paying less than £12,001.00 will be exempt.  This gives the BID a budget of circa. £3M over a 5 year period to spend on improvements to the BID area for the collaborative benefit of the business community.

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