Leading the BID industry
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We are currently responding to Government on the very vital review of business rates and also the BEIS inquiry into the UK’s industrial strategy. We are looking particularly at the impact of any of the proposals on BIDs and would like BIDs to get involved in this work, please find out more on how to get in touch below.
BEIS Committee are launching an inquiry into the UK's Industrial Strategy
The aim of the Industrial Strategy was to help businesses create better, higher-paying jobs with investment in the skills, industries and infrastructure of the future. With the effects of COVID-19, MPs are questioning whether it’s still fit-for-purpose.
British BIDs is collecting evidence and is looking for Industrial BIDs to get involved in their thoughts on the review of this strategy. If you are interested in getting involved, please email Chris Turner by 7th August 2020.
HM Treasury fundamental review of business rates
The Government committed to conduct a fundamental review of business rates and published the terms of reference for the review at the Spring Budget.
This call for evidence seeks views on how the business rates system currently works, issues to be addressed, ideas for change and a number of alternative taxes.
British BIDs is working on its response to Government. There are an increasing range of options; Capital Value Tax (CVT), Sales Tax and Online Tax.
We are interested in hearing from BIDs on their thoughts on this review. If you are interested in getting involved, please email Chris Turner by 14th August 2020.
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