We represent approximately 300 BID businesses across the BID footprint and our work is funded by those with a rateable value of £30,000 or more who pay a ‘levy’ of 1.75% of their rateable value.
Monies collected are estimated to provide a yearly income of approximately £400,000, equating to an investment of nearly £2,000.000 over a five-year term, to be spent on the continued improvement and marketing of the local area. We also work to attract additional funding for the area, from public sector grants and other sources.
All funds and governance matters – such as financial arrangements, contractual obligations, human resources, standards, performance and compliance – are managed by a board of voluntary directors, including local business representatives.
For any payment enquiries concerning BID levy bills and accounts, please email Wandsworth Borough Council directly:
