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26 September 2016

Weymouth BID Levy Queries 2016-2017

Invoices for the 2016/2017 Weymouth BID Levy have now been delivered.

Payment of the levy should be made to Weymouth & Portland Council and any queries on payment should contact the number provided on the invoice for payments.

Any other queries can be directed to the BID Office.

When making any enquiry either to Weymouth & Portland Borough Council or Weymouth BID to help save time please have the invoice number, account number and business name available.

www.weymouthbid.co.uk/go.to/The+Levy

For information the levy is payable by the business or person who is liable for the business rates of the premises on 1st September each year. This is based on information held by Weymouth & Portland Borough Council rates department and not information held by Weymouth BID Ltd.

FAQs

These questions refer to selling, re-letting, closing or change of use of premises and businesses liable to the levy.

If you require further information or have a query please contact the BID Office

I am a Landlord and the premises is empty am I still liable?

Yes

The business plan refers to empty premises, those undergoing refurbishment and being demolished as being liable (page 31).

www.weymouthbid.co.uk/fcimages/files/Weymouth%20BID%20Business%20Plan.pdf

Some businesses premises do not pay business rates on empty premises often as they are listed buildings. The BID levy is not part of this arrangement and remains a charge on the premises

I have planning permission to change the use of the premises from a business premises?

In most cases in the past this has been planning permission to convert to residential. If this is the case then a copy of the agreed planning application would be required.

This would be required each year a levy is raised and would take into account progress on the works required.

I am closing my business

The levy is the liability of the person who is listed as the business rate payer at 1st September each year. A business that closes is still liable for the annual levy.

Please see next question which relates to selling the business on and the levy.

What happens as a Landlord/ Business if I let or sale the premises/business during the year?

If a business or premises is let or sold during the year then you should ensure that any contract transaction includes a payment of the levy pro rata of the start and end date. (1st September - 31st August

Please note it is not a legal requirement to charge an incoming business part payment of the levy but is suggested as good practice.

A Solicitor or Commercial Agent may not include any reference to a bid levy and therefore it is advised that you discuss this with them on a payment as part of the contract.

 

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