Tavistock BID is an independent company run by businesses for the benefit of local businesses. The levy fund collected is invested directly back into the area. 

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 The levy rate to be paid by each hereditament or rateable premises with a rateable value of £3,000 or more will be calculated at 2% of its rateable value using the 2026 non-domestic ratings list throughout the BID’s fourth term. The first BID  levy under the fourth term will be due on 1st September 2026 with subsequent levies due each year until 31st August 2031.  The Board will have the ability to apply compound inflation  (a maximum of 3%) on the 2% levy each year, at their discretion.