Coronavirus update - support for businesses
Central government has issued information about a range of measures to help businesses including business rates discounts, statutory sick pay refunds, a business loan scheme, cash grants for small businesses and ‘time to pay’ tax arrangements. Find out more about coronavirus support
What is a BID?
A BID (Business Improvement District) is a partnership that allows businesses to access additional services, business support and representation. Implemented in 2004, BID legislation allows businesses to formally designate an area and leverage additional funding to be spent on priorities that matter to them.
How is a BID set up?
Over half of the businesses from the designated area who vote, must vote in favour of forming a BID. In addition, the combined rateable value of the properties of the winning ‘yes’ voters must be more than 50% of the total rateable value of the properties of all the businesses that voted.
If successful, every business that meets the criteria automatically becomes a BID member and pays a levy each year, which is spent to deliver the aims of the BID business plan.
Who manages the BIDs?
In Liverpool, it’s nice and simple. There are two BIDs, Retail & Leisure BID and Commercial District BID, both managed by the Liverpool BID Company, a private, not-for-profit organisation, working on behalf of 1,500 BID levy payers.
For more information about the BID or the Liverpool BID Company visit www.liverpoolbidcompany.com.
As long as your property’s rateable value is £10,000 or above and you are within the BID area, you are automatically a BID levy payer.
For businesses in the Commercial District BID, the BID levy is 1.2% of the rateable value. For businesses in the Retail & Leisure BID area, the BID levy is 1.54% of the rateable value.
How to pay
BID levy charges are administered by Liverpool City Council on behalf of the Liverpool BID Company. If you are paying for more than one property, you should send a copy of the remittance advice to use by email to RBS.email@example.com.
You can pay a current Retail & Leisure or Commercial District BID levy, or Retail & Leisure which predates 31st October 2018, using the buttons below.
Pay by post
Send a cheque payable to 'Liverpool City Council' to Liverpool City Council, Cunard Building, Water Street, Liverpool, L3 1AH. Please write your account number on the reverse of the cheque.
Pay by BACS
BACS details to be quoted when making payment are sort code 20-51-01, account number 50294217 and your account number shown in your BID levy bill.
What do I do if I think I am not liable for all or part of the levy?
You should contact the Non-Domestic Rates Team at Liverpool City Council straight away and give full details.
- For Retail and Leisure BID enquiries, contact 0151 233 3008/0800 028 3686 or firstname.lastname@example.org.
- For Commercial District BID enquiries, contact 0151 233 4233 or email@example.com.
Can I opt out of the levy?
This is not possible as the BID levy is a legal requirement just like business rates and is treated as a statutory debt.
The legislation which relates to the BID levy is The Business Improvement Districts (England) Regulations 2004 and the Non Domestic Rating (Collection and Enforcement) (Local Lists) Regulations 1989.