Wood Green BID Levy Collection Update and Support

In this article:
Wood Green BID, in consultation with the Council, is looking at different options to support businesses who pay the levy.

Over the last few weeks, you will have received the annual BID Levy Bill for the forthcoming year. While the Levy Bill is based on the value of your Business Rates, it is a separate Bill from the Business Rate which comes under separate governance by Central Government which all Business Improvement Districts and Local Authorities follow.

Haringey Council sent the Levy bills out as part of the Governance on behalf of Wood Green BID. Since these were sent, many of you have had to temporarily close and many more are worried about financial issues this is causing to your business. The BID, in consultation with the Council, is looking at different options to support businesses who pay the levy. Alongside this, many BIDs across England, with the support of the three main BID organisations including British BIDs, Association of Town and City Management (ATCM) and the BID Foundation are lobbying the Government to request support and guidance for local levy payers.

For any levy payer who are experiencing any difficulties in making a levy payment, The Council are deferring payments which were due now to June 2020 and providing payment plan between July 2020 to February 2021. To apply for a payment plan, please complete the form on this website at https://woodgreenbid.co.uk/levy/ by Friday 20th June 2020.   

Decisions will be made on a case by case basis and once authorised by the Council, you will be contacted to inform you of the decision, payment amounts and the dates the payments are due.

Those businesses who are trading (for example Banks and Supermarkets etc.) and able to settle your levy, please do so at your earliest convenience

The BID’s projects in Wood Green, during this period and especially when we can start inviting shoppers and workers back to the town centre, will offer support to businesses to help them to thrive. Our Street Rangers are out daily including Weekends working with the Police and Council Teams. The Wood Green Town Centre Radio Scheme and Intelligence Software are running and are available to all levy payers at no additional cost.

Please do not hesitate to contact the BID if you require any assistance or support on any other matters by emailing us at info@woodgreenbid.co.uk.

For updates, support and guidance for Business Owners, employees and property owners, please either visit https://Haringey.gov.uk or https://woodgreenbid.co.uk

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This is the Admin for Future Wood Green Business Improvement District (BID). If you cannot find the information you are looking for please either use our FAQ's or use our contact us page.