Qualifying BID members – the backbone of inmidtown
Business Improvement Districts are governed by legislation which means that once a BID is voted into existence, any business within the BID area which has a rateable value above a pre-set level is automatically a Qualifying BID Member. If you fall into this category, you will have an annual charge of 0.9% on top of your business rates, collected on our behalf by Camden Council’s Business Rates Department.
Our aim is to help you recoup your BID levy investment via the savings you will make from the services we offer to members, as well as having you benefit from area-wide improvements and initiatives.
If you are unsure about any of this, or have received an invoice from Camden Council and wish to discuss it, please get in touch.