Option to pay by Direct Debit In stage payments but please
make arrangements with LB Sutton direct as they Invoice the BID Levy annually in April. The 5 year term ends 31st
March 2024 and with your help we can then renew for a further 5 year term, taking us to 2029.
The BID levy is based on rateable value and is paid over and above the rates by all companies in the BID area.It is
due on the 1st of April each year,payable in advance with an option of quarterly payments and is collected by the London Borough
of Sutton http://www.sutton.gov.uk/ on behalf of KIPPA BID LTD BID Levy Rules state that there will be a 2% increase each year on the levy.
The LB Sutton are authorised under the terms of the BID to take legal action againest
non payers.
The BID levy will be increased by 2% per annum.
RATEABLE BAND VALUE FOR BID LEVY IS SHOWN BELOW.
No VAT is charged on the BID levy.
The annual BID levy payment is from the 1st April.
