Submitted by Joshua Turner on Wednesday 27th July 2022
Published on Monday 1st August 2022
Current status: Closed
Closed: Wednesday 15th February 2023
Signatures: 414
Relevant Departments
Tagged with
BIDS ~ CLOSED ~ high street ~ Levy ~ local ~ penny ~ Saving ~ Small businesses ~ Tax
Give businesses the right to opt out of Business Improvements District levies
Many businesses are being required to pay levy rates into Business Improvement Districts (BIDs), which can be extortionate, and of which many don’t see a penny back. Some businesses have closed down because they simply can’t afford to pay up with these levies.
Businesses are struggling and we believe yet another tax is no help to saving our high streets and protecting local businesses. The Government needs to give businesses the right to opt out of these levies, so those who can afford to pay the levy can to keep BIDs operating, and protecting small businesses who are struggling at the same time.
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