BID Levy and Rules 2025 - 2030
The 2026 BID levy will be charged as follows:
| Rateable Value | Levy Payable Per Annum* |
|---|---|
| £10,000 - £25,000 | £238.74 |
| Above £25,000 | 2.07% of the Rateable Value (capped at £23,874pa) |
Each year of the BID will raise over £500,000 annually to deliver the BID’s projects and services.
Please Note: The Rateable Value in the 2023 NNDR listing will apply on the chargeable day in all years in the BID term irrespective of any revaluations during the BID Term. New entries to the NNDR list after subsequent Revaluations will reflect the most recently available NNDR listing, which will apply in all subsequent years.
Levy payments based on rateable value
| Rateable Value | Annual Levy | Levy Per Day |
|---|---|---|
| £10,000 - £25,000 | £238.74 per year | 65p per day |
| £35,000 | £724.50 per year | £1.98 per day |
| £50,000 | £1035 per year | £2.84 per day |
| £100,000 | £2070 per year | £5.67 per day |
| £200,000 | £4140 per year | £11.34 per day |
The BID levy may increase by an annual inflation factor that reflects an increase of no more than the CPI, to be agreed by the BID Board of Directors on an annual basis from 2026 onwards.
The table above includes the application of an inflation factor to the BID levy for Year 2 (2026). The inflation factor is based on the Consumer Price Index (CPI) for September 2025 at 3.8% (source Office of National Statistics).
To talk about the levy related to your business, please call the BID Team on 01902 710903.
The BID regulations of 2004 sets out the rules and regulations under which the BID operates. This document can be found here www.legislation.gov.uk/uksi/2004/2443/contents/made
57% of BID members will only pay an increase of £8.74 for the full year
33% of BID members will pay no more than an additional £5 per month
BID Levy Rules 2025 - 2030
- The BID levy will be applied to all eligible non-domestic properties within the BID area with a rateable value of £10,000 or more. Properties within the BID area with a Rateable Value below £10,000 will not be subject to the BID levy.
- The BID levy rate is £230 per annum for hereditaments with a Rateable Value of between £10,000 and £25,000 and for hereditaments with a Rateable Value over £25,000 the levy will be applied at 2% of the Rateable Value. *From 2026 the BID levy may be subject to an inflation factor - see rule 8.
- The maximum levy charged on any single hereditament has a cap of £23,000 per annum. *From 2026 the BID levy may be subject to an inflation factor - see rule 8.
- Throughout the 5-year BID term the BID levy will be based on the Rateable Value as at the ‘chargeable day’ being the 1st April each year.
- The levy is collectable on a ‘chargeable day’ basis, the person liable to pay the BID levy is the liable party for the non-domestic rates for the hereditament on the 1st April each year.
- If a Rateable Value changes after the chargeable day no change will be made to the levy payable for that year irrespective of the date change.
- The BID levy is payable annually in advance of 1st April each year, with billing carried out by City of Wolverhampton Council on behalf of Wolverhampton BID.
- The BID levy may increase by an annual inflation factor that reflects an increase of no more than the CPI, to be agreed by the BID Board of Directors on an annual basis from 2026 onwards.
- The Rateable Value in the 2023 NNDR listing will apply on the chargeable day in all years in the BID term irrespective of any revaluations during the BID Term. New entries to the NNDR list after subsequent Revaluations will reflect the most recently available NNDR listing, which will apply in all subsequent years.
- When a Rateable Value is subject to a split or merge, is removed from or entered into the ratings list this will have no effect on the BID levy until 1st April the following year. The levy applicable to new entries into the ratings list will be based on the 2023 NNDR listing where available or where unavailable on the most recently available NNDR listing, which will then apply in all subsequent years.
- Owners or registered business ratepayers of vacant, untenanted properties or hereditaments, properties undergoing refurbishment or properties demolished will be liable for the BID levy for the full BID year even if the hereditament is removed from the NNDR rating list by the Valuation Office Agency after the chargeable day of 1st April.
- The levy will not be altered by retrospective adjustments to Rateable Values that are reassessed to a period prior to the 1st April each year.
- Non-retail charities with no trading income, arm or facilities, not for profit subscriptions and volunteer-based organisations will be exempt from paying the levy.
- The BID Levy will not be affected by small business rate relief schemes, service charges paid to landlords, exemptions from relief, discount periods or schemes in the National Non-Domestic Rate Regulations 1989 made under the Local Government Finance Act 1988.
- VAT will not be charged on the BID levy.
- The Board of the Wolverhampton BID will be able to alter the BID arrangements without an alteration ballot, so long as alterations do not: Alter the geographical area of the BID; Cause anyone to pay the BID levy who was not liable to pay it before or increase the amount of the BID levy for anyone other than for inflation purposes.
- Where there is reference to a renewal in this business plan, this is a marketing term, the ballot will be for a new BID.
2025 BID levy was charged as follows:
| Rateable Value | Levy Payable Per Annum* |
|---|---|
| £10,000 - £25,000 | £230 |
| Above £25,000 | 2% of the Rateable Value (capped at £23,000pa) |
Each year of the BID will raise over £500,000 annually to deliver the BID’s projects and services.
Levy payments based on rateable value
| Rateable Value | Annual Levy | Levy Per Day |
|---|---|---|
| £10,000 - £25,000 | £230 per year | 63p per day |
| £35,000 | £700 per year | £1.92 per day |
| £50,000 | £1000 per year | £2.74 per day |
| £100,000 | £2000 per year | £5.48 per day |
| £200,000 | £4000 per year | £10.95 per day |
To talk about the levy related to your business, please call the BID Team on 01902 710903.
The BID regulations of 2004 sets out the rules and regulations under which the BID operates. This document can be found here www.legislation.gov.uk/uksi/2004/2443/contents/made