What is Herefordshire County Bid?
The Herefordshire County Business Improvement District (BID) is a specific geographical area, where visitor economy businesses come together for a term of 5 years to invest in Herefordshire. A set of agreed projects and services will be delivered to improve the visitor economy across the county.
More information about existing and future projects together with how you can get involved can be found by visiting https://www.herefordshirecountybid.co.uk/work/ If you have an enquiry about the operation of the BID and the projects being delivered, you can email info@herefordshirecountybid.co.uk or call the BID team 07940 145 219.
Explanation of your Buisiness Improvement District (BID) Levy
Thie Levy Bill is being sent to you/your company because under the Local Government Act 2003 and subsequent regulations, namely ‘The Business Improvement Districts (England) Regulations 2004, S.I. No. 2443’, the area in which your property is physically located
has been designated as a Business Improvement District by the ‘BID Proposer’. The BID Proposer in this case is Herefordshire County
BID Ltd, a ‘not for profit’ company dedicated to improving trading conditions for businesses in Herefordshire. Herefordshire County BID is completely independent of Herefordshire Council. Herefordshire Council, being the Billing Authority are required by BID Regulations 2004 to provide services to include the collection, recovery and application of the BID Levy (Sch 4)
This notice relates to your property based within the BID area with a Rateable Value of £12,000 and over based on the Non-Domestic Ratings List in force as at 1st January 2024 using the most current 2023 Non-Domestic Ratings list. The rateable value will be updated for any changes due to ratepayer’s appeals, additions, and removals. You or the previous occupier were balloted prior to the commencement of the BID term. The outcome of this vote was ‘YES’ in favour of a BID Levy being imposed in accordance with the Proposer’s formal Business Plan submitted to Herefordshire Council, and made available to potential BID Levy payers throughout the consultation period leading up to the ballot date.
As your property is located within the BID area you are legally obliged to pay the stated levy for the relevant property. Legally this has to be administered by Herefordshire Council or its agent who carries out the collection of the BID Levy on behalf of Herefordshire County BID LTD. 100% of all money collected from businesses will be paid over to Herefordshire County BID LTD on a monthly basis.
The BID Levy must be paid by the instalment date shown on your latest BID Demand. Non-payment will be pursued via all available enforcement options, to include the issuing of summonses with costs of £82.50 per summons, the use of enforcement agents or insolvency action. Where relevant, all additional costs will be recovered from the BID Levy Payer.
All enquiries relating to your BID Demand Notice must be directed to businessrates@herefordshire.gov.uk Telephone 01432 260360. To understand why your property has a certain rateable value, please go to www.gov.uk and search: ‘How business rates are calculated’. All enquiries relating to the Rateable Value of your premises and how it is calculated can be found at www.voa.gov.uk/valuation
How to pay
Our bank is National Westminster Bank, 12 Broad Street, Hereford, HR4 9AH. Sort code: 53-50-41, account number: 10313443 and account name: ‘Herefordshire Council Business Rates’.
Please ensure your BID payments are made separate to your Business Rates payments and you quote your 8-digit BID account number
which can be found on the front of this notice.
By internet or telephone
You may pay by Debit/Credit Card via the internet: www.herefordshire.gov.uk/pay or by telephoning the Business Rates section on 01432 260360.
By post
Send payments to Revenues & Benefits, Plough Lane, Hereford, HR4 OLE. Please make your cheque payable to ‘Herefordshire Council’ and write your 8 digit BID account number clearly on the back of your cheque.
You should post your cheque at least 5 days before the due date. To save your money, we do not issue receipts when you pay by post.