London · 2025-26
Business Rates in Bromley
Businesses in Bromley paid £96.6m in net business rates during 2025-26, above the average English council's £93.2m.
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Relief granted in Bromley
Share of £34.1m total relief, 2025-26.
Bromley at a glance
Bromley granted £34.1m in relief overall, higher than the national council average of £26.3m. This included £7.5m in Small Business Rate Relief and £7.7m in retail, hospitality and leisure relief.
A further £13.5m went to charity relief and £3.8m to empty property relief, reflecting the mix of ratepayers across the local authority.
Bromley has an estimated 14,450 active businesses, according to the latest ONS Business Counts (2025).
Bromley ranks 238 out of 296 local authorities in England on the 2025 Index of Multiple Deprivation, where 1 is most deprived and 296 is least deprived.
Following the 2026 revaluation, the total rateable value of retail property in Bromley rose by 11.9% — if this pushed your assessment too high, an appeal may be worth considering.
Frequently asked questions
How much are business rates in Bromley?
Bromley's local authority collected £96.6m in net business rates income during 2025-26, based on the national multiplier applied to each property's rateable value, less any relief granted.
What reliefs are available in Bromley?
Bromley granted £34.1m in business rates relief in 2025-26, including £7.5m in Small Business Rate Relief, £7.7m in retail, hospitality and leisure relief, £13.5m in charity relief, and £3.8m in empty property relief.
How do I know if I'm overpaying?
If your rateable value looks high compared to similar properties nearby, or you're not currently receiving relief you may be entitled to, it's worth checking your assessment. Use our free checker to compare your rateable value and see if you may be eligible for a reduction or backdated refund.
Bromley compared with London and England
- Average rateable value
- £32,748£32,173 below the London average (£64,921)£1,242 below the England average (£33,990)
- Largest sector by value
- Retail property, 35.5%15.8 percentage points above its 19.7% share in London
- Total rateable value, 2023 to 2026 list
- +17.7%London: +22.5%England: +19.6%
Counts and rateable values are from the stock of properties at March 2026, on the 2023 rating list. Changes are from the 2026 revaluation, comparing the 2023 rating list with the 2026 rating list.
Property mix
On average rateable value, Bromley sits 112th among England's 296 councils at £32,748, which is 28th of 33 in London. The same sector leads on numbers too: 37.7% of Bromley's rateable properties fall in the retail category.
Retail makes up 37.7% of Bromley's rateable properties and 35.5% of its rateable value, both above the 28.9% and 19.7% across London. At March 2026, around 60 of Bromley's rateable properties had a rateable value of £500,000 or more, rising to around 70 on the 2026 list.
Change at the 2026 revaluation
Bromley's +17.7% change in total rateable value at the 2026 revaluation sits mid-table in London: stronger than in 16 of the 32 other councils and weaker than in 16. The sharpest increase in Bromley was in industrial property, where total rateable value rose 27.8% at the 2026 revaluation, compared with +24.4% for industrial property across London. No sector fell in Bromley: retail property moved least, up 11.9% at the 2026 revaluation, compared with +13.6% for retail property across London.
Reliefs
In 2025-26, relief in Bromley came to 26.1% of gross rates payable, above the 21.2% for England as a whole. Charity relief was the largest of the four main reliefs in Bromley, at 39.5% of total relief, above 29.7% across England.
Source: HM Revenue & Customs, using Valuation Office Agency data, and MHCLG relief returns. Open Government Licence v3.0. Method and rounding: /methodology.
See how Bromley compares with the rest of the region: Business rates in London, State of Business Rates in England 2026 →
Nearby areas
Compare with other councils in London
Other London councils with their average rateable value, listed from the closest to Bromley's £32,748.
- Business rates in Barnet£36,315 average rateable value, £3,567 higher than Bromley
- Business rates in Haringey£29,016 average rateable value, £3,732 lower than Bromley
- Business rates in Waltham Forest£27,768 average rateable value, £4,980 lower than Bromley
- Business rates in Lewisham£27,414 average rateable value, £5,334 lower than Bromley
- Business rates in Harrow£25,848 average rateable value, £6,900 lower than Bromley
- Business rates in Redbridge£25,550 average rateable value, £7,198 lower than Bromley
Figures from MHCLG National Non-Domestic Rates statistics (2025-26), ONS UK Business Counts (2025), and English Indices of Deprivation (2025).
Updates for Bromley
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