A Letter to the Editor from WILLIAM PARKIN, raising some interesting points not covered in Nigel Ward’s Open Letter to the SBC and ERYC Chief Executives on the subject of changes to rateable values on business premises subject to the BID Levy.
Yorkshire Coast BID
As I have mentioned before, I am not a Levy Payer but have many friends in business who are.
It would be nice to find out what the BID has actually done to benefit businesses North East of Whitby? No-one seems to know.
Regarding the Open Letter written by Mr Nigel Ward – “New BID for Justice” (in NY Enquirer of 23rd November 2022):
1) Will businesses that have a Business Rate reduction be refunded the amount paid for the 1/3rd of the year (1st April 2023 – 31st July 2023) for which they will no longer surpass the £12K threshhold which previously made them liable for the Levy? Surely refunds must be forthcoming?
2) Likewise, can it be assumed that any business that has had their Business Rates increased to above the £12K cannot legitimately be charged the Levy, as they knew nothing about the BID Levy and never had an opportunity to take part in the ballot? (Admittedly, the same could be said for most other businesses).
Perhaps BID Chair Mr Rowe-Evans or his Chief Exec would like to write back, via these pages, confirming what will happen.