With the Hampstead Village Business Improvement District (BID) set to be wound up in August, attention is now turning to what a post-Covid future without it will look like.
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Published:
6:00 AM May 13, 2021
Updated:
10:49 AM May 13, 2021
Fewer businesses will have to pay the Hampstead BID levy if it is voted back in later this year
- Credit: Archant
The bosses of the Hampstead Village Business Improvement District (BID) have released the business plan they hope will persuade local firms to back the controversial scheme for another five years.
A vote will be held in June on the scheme, which charges a levy on traders and aims to promote business in the area.
The document includes detailed spending plans for the next five years and also explains the BID – which has previously been challenged in court – is also planning to raise the business rates threshold, meaning fewer businesses would have to pay.
Hampstead Village BID: Business levy vote preparations begin | Hampstead Highgate Express hamhigh.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hamhigh.co.uk Daily Mail and Mail on Sunday newspapers.