Many businesses are being required to pay levy rates into Business Improvement Districts (BIDs), which can be extortionate, and of which many don’t see a penny back. Some businesses have closed down because they simply can’t afford to pay up with these levies.
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Businesses are struggling and we believe yet another tax is no help to saving our high streets and protecting local businesses. The Government needs to give businesses the right to opt out of these levies, so those who can afford to pay the levy can to keep BIDs operating, and protecting small businesses who are struggling at the same time.