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Business
Improvement
District
Frequently Asked Questions and
Answers
This page addresses one of the most frequently asked questions regarding
the LA23 post code Business Improvement District. The answer
below is by no means exhaustive and will be added to as new
information becomes available.
Examples of Levy Payments
If there is a "YES" vote, then
the levy will be set, for the ensuing 5 years, at 1% of the business
rateable value.
Below are some examples of the amount
payable:
|
R V |
Yearly |
Monthly |
|
£3,000 |
£30.00 |
£2.50 |
|
£6,000 |
£60.00 |
£5.00 |
|
£12,000 |
£120.00 |
£10.00 |
|
£24,000 |
£240.00 |
£20.00 |
|
£48,000 |
£480.00 |
£40.00 |
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