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Levy Payment Information

The information provided here should help BID members understand the process of collection and why the BID is able to collect a levy. This also explains when the levy is due, how to pay, and the process for collection in the event of none payment.

The important message is that if you have not received an invoice by the end of September please contact the BID as the process of collection by Dorset Council starts once the invoice is sent out in September.

Levy Information

The BID levy is an annual fee for all businesses in the BID area with a rateable value of £6,000 and above.

The charge is 1.5% of the rateable value. Here are some examples:

Premises Rateable Value 1.5% Levy Fee
£6,000 £90
£10,000 £150
£12,000 £180
£15,000 £225
£20,000 £300
£25,000 £375
£30,000 £450
£40,000 £600
£50,000 £750
£75,000 £1,125
£100,000 £1,500
£200,000 £3,000
£300,000 £4,500
£560,000 £8,400
 
51 % of BID members pay between £90 – £255 per annum

Weymouth Town Council is the largest contributor in the levy area with a total of £22,000 per annum 

Legal Status

It is a statutory charge collected on behalf of the BID by Dorset Council.

A Ballot of all the businesses in the proposed Weymouth BID area was based on the Weymouth BID2 Business Plan. This was successful in achieving a YES vote in May 2018.

As a result with effect from 1st September 2018 the BID came into operation for a period of 5 years (2018-2023) and is able to raise an annual invoice through Dorset Council.

The relevant BID legislation is contained in the Business Improvement Districts (England) regulations 2004

www.legislation.gov.uk/uksi/2004/2443/contents/made

Businesses are invoiced annually in September each year based on a levy of 1.5% of their rateable value. All businesses with a rateable value of £6000 and above within the BID Area pay the levy.

The BID is set up so that all businesses trading at the 1st September each year are liable for the levy.

New Businesses

The legislation covers new businesses. They are liable for the charge even though not operational at the time of the original ballot.

Businesses that open within the period 1st September – 31st July each year are not liable until the next annual levy.

Levy Invoice

The Levy is raised and invoiced annually in September by Dorset Council on behalf of Weymouth BID Ltd.

The BID along with Dorset Council check the Business Rate data for any changes, alterations or deletions required and then the invoice is sent out, normally in the second or third week in September each year.

All monies are collected by Dorset Council. Weymouth BID then raises invoices for the monies to be transferred into the BID account to enable the BID to deliver the projects and activities as agreed by the Board and based on the Business Plan. 

The Process

The Invoice is normally sent out by the middle of September.

  • The Invoice should be paid to Dorset Council (01305 224823) within 28 days.

If payment is not received by Dorset Council within 28 days:

  • A reminder invoice is sent out on the 28th day with 7 days to pay
  • If payment has not been made by the date of the Notice Dorset Council will start the formal process for collection through the Magistrates Court.

Collection and enforcement arrangements are the responsibility of Dorset Council.

Weymouth BID and Dorset Council meet regularly to discuss all aspects of levy collection.

Paying your levy

Pay by cheque: 
 
Accounts Receivable Chief Executives, County Hall, Dorchester, DT1 1XJ put invoice number and account number on reverse of cheque.
 
Big businesses please email all remittance/payment advices to: incomegeneral@dorsetcouncil.gov.uk  
 
Pay by phone:
 
01305 224823 www.dorsetcouncil.gov.uk
  • Pay by debit or credit card
  • You will need your document number or account reference
  •  Available 24 hours a day, 7 days a week
Local call charges will apply. Mobile rates may vary - please check with you service provider.
 
Internet banking:
 
You can pay by internet banking, BACS or Bank Transfer using the council's bank details below:
 
Account Name: Dorset Council Fund 
Sort Code: 600701 
Account Number: 59190019 
Branch Address: NatWest Bank PLC 49 South Street Dorchester Dorset DT1 1DW 
 
You must quote your document number or account reference as shown on your invoice as a reference and allow 5 working days for your payment to reach us.
 
VAT Registration Number: GB 311 8339 23 
 
Direct Debit:
 
Direct Debit is the simplest and most convenient way to pay. There are no cheques to write, no cash to deal with and no ongoing paperwork because payments are made for you by your bank or building society.
 
To set up a Direct Debit on your account you have the following options available:
  • We can take your details over the telephone 01305 224823
  • You may print and complete a Direct Debit mandate form returning to us by post to Finance at the address below
In the reference box please enter your 8-digit account number - you can find this on your invoice. Please note Direct Debit payments will be collected on, or shortly after, the 1st of the month.

Our contact is WeyBIDadmin@dorsetcouncil.gov.uk

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