Business Improvement Districts
A Business Improvement District (BID) is a business controlled initiative which gives local organisations the power to raise funds locally, to be spent locally, with the aim of improving their own business environment.
The purpose of a BID is to give businesses control over the development and delivery of projects and monitor their results. It is aimed at increasing the footfall in the area, leading to an increase in business performance and improvement in the business environment.
The Durham BID received a positive vote in the ballot which was declared on 3 July 2017, for an area of Durham City that is subject to the BID levy for the next five years.
Enquiries about the BID
The Durham BID website has more information.
How to pay for your BID
Invoices are calculated on 1.5% of a property's rateable value, where the rateable value is £6,500 or above. We act as the collecting agent for The Durham BID Company.
Internet
You will need a debit/credit card, and your BID invoice number, which is on the front of your bill. To pay your BID invoice, please use our online invoice payment system.
Through your bank
Make payments, through your bank, to Lloyds Bank Plc, account number 51009868, sort code 30-92-79. Please make sure you quote the BID invoice number, which is on the front of the invoice.
BACS
For payment by BACS, please ensure your remittance advice is emailed to income@durham.gov.uk
By post
You can send your payment to the address shown on the right. Please do not send cash through the post. Cheques should be made payable to Durham County Council. Your BID invoice number should be quoted on the back of the cheque. Please do not hand deliver payments.
- Contact Business rates recovery
- businessratesrecovery@durham.gov.uk
- 03000 265 000
- 01207 218 876
-
Our address is:
- Revenues and Benefits
- PO Box 238
- Stanley
- County Durham
- United Kingdom
- DH8 1FP
