Vauxhall One is the Business Improvement District (BID) for Vauxhall. BIDs are established by local businesses to improve the area as a place to live, work and visit. They provide services additional to those supplied by the council and other statutory providers.

BIDs are democratically elected by their members and must hold a ballot every 5 years. Each 5-year plan focusses on the projects, values and services that matter most to the local business community.

BIDs are non-profit organisations governed by their member businesses. Funding is collected via the BID levy and reinvested directly back into the local area.

Businesses with a rateable value of over £20,000 pay an annual levy of 1.56%. Charities, community groups and other non-profit organisations qualify for a relief in levy. This levy income is reinvested into our key focus areas for the improvement of Vauxhall: Cleaning, Greening, Safer, Better and Destination.

BID Benefits
About Us

The Bid levy

The BID levy is a mandatory charge for businesses that occupy premises inside the BID boundary. The following are not eligible for the BID levy, nor may they vote in a Vauxhall One BID ballot:

  1. Business premised with a rateable value below £20,000
  2. ‘Central List’ properties that are not in the local rating list
  3. Advertising rights, telephone masts, car parks and parking places, kiosks
  4. Residential estate offices
  5. Schools

How is it calculated?

The BID levy is charged at 1.56% of the rateable value of each hereditament, listed in the Ratings List, that your business occupies. For example, if your premises’ rateable value is £50,000 your annual BID levy will be £780.

Businesses with mandatory and/or discretionary relief from business rates will have their BID levy discounted at the same rate.

How is it collected?

Lambeth Council collects the BID levy on behalf of Vauxhall One. It is payable in two instalments per year, with bills raised in March and September and payment due on 1st April and 1st October.

The BID levy is a mandatory charge and collection is enforceable in the same way as the business rate. Further details are set out in the formal Operating Agreement between Vauxhall One and Lambeth Council, which is available on request.

How can your business get the best value from it?

The BID levy isn’t just about investing in Vauxhall. Your business can derive tangible benefits from being part of Vauxhall One. We offer a range of services and tools that can help you operate as safely, efficiently, sustainably and cost-effectively as possible, whilst helping your staff get the most from the place where they work.

Get in touch to find out more
BID Benefits
  • Sign up for subsidised recycling with First Mile
  • Access subsidised training courses, such as First Aid and Fire Marshall training
  • Bring your staff along to a free community event, such as Summer Screens in Vauxhall Pleasure Gardens, or join our inter-company sport and social events to meet other local businesses
  • Request free graffiti cleaning and fly poster removal if your premises are affected
  • Join the Business Crime Reduction Partnership
  • Utilise the Vauxhall, London marketing channels to bolster your own campaigns
  • Get your bike fixed for free by a professional cycle mechanic at one of our Dr. Bike sessions