Newquay BID is very conscious of the challenging environment that the coronavirus has led to. Making sure we support businesses during this difficult time is important to us and we will do all we can to support our levy payers. For the next few weeks, our prime focus will be on gathering intelligence around performance and the issues facing businesses, due to the coronavirus crisis, and feeding those into the official local authorities to assist with further Government lobbying and ensuring that any measures put in place to support businesses are readily available and easily accessible for Newquay businesses. Things are changing by the hour, with the Government announcing a range of financial respite packages including tax cuts, loans and grants, in which Newquay BID will be seeking to clarify if any of these initiatives will include the BID levy. Currently, the BID levy does not fall under the business rates holiday scheme as announced in the Chancellors Budget 2020.
In the meantime, Cornwall Council has issued annual BID levy bills as per the BID regulations. BID bills are issued with a 30-day payment term, with reminders normally sent out during May. The BID levy remains the primary source of income for Newquay BID and remains payable during this time. Any businesses worried about payment of the levy should email email@example.com in the first instance or alternatively to make a payment, please see the reverse of the bill on ways to pay. All enquiries will be treated with respect and sensitivity.
Any businesses suffering hardship during this time are encouraged to refer to the governments business support package which is updated regularly and latest information can be found: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
Newquay BID will keep all levy payers informed of any government announcements, as and when released by the government over the coming weeks.