BID LEVY 1st April 2014 to 31st March 2019 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 2019 and we hope, with your help to renew
for a further 5 year term, taking us to 2024.
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
The levy will be increased by 2% per annum.
RATEABLE BAND VALUE FOR BID LEVY. No VAT
is charged on the BID levy.