BID LEVY 1st April 2014 to 31st March 2019
Option to pay by Direct Debit 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 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.
Rateable Value Levy
April 2018 April 2019
A) Up to £20,000
B) £20,001 to £35.000
C) £35,001 to £70,000
D) £70,001 to £100,000
E) £100,001 to £170,000
F) Over £170,000
No VAT is charged on the BID levy.
click for BID1 Booklet First BID 2009
click for BID2 Booklet 2014
click for BID3 Booklet 2019
Click for original BID proposal Letter
click here for Operating Agreement 2019 file
click here for Base Line Agreement 2019 as 2009
click here for cover letter 2019 renewal
click for Supplementary Information for BID 2019
click for Articles of Association
L B Sutton