London · 2025-26
Business Rates in Camden
Businesses in Camden paid £664.3m in net business rates during 2025-26, above the average English council's £93.2m.
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Relief granted in Camden
Share of £162.2m total relief, 2025-26.
Camden at a glance
Camden granted £162.2m in relief overall, higher than the national council average of £26.3m. This included £6.9m in Small Business Rate Relief and £33.8m in retail, hospitality and leisure relief.
A further £90.3m went to charity relief and £31.0m to empty property relief, reflecting the mix of ratepayers across the local authority.
Camden has an estimated 37,490 active businesses, according to the latest ONS Business Counts (2025).
Camden ranks 96 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 office property in Camden rose by 22.0% — if this pushed your assessment too high, an appeal may be worth considering.
Frequently asked questions
How much are business rates in Camden?
Camden's local authority collected £664.3m 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 Camden?
Camden granted £162.2m in business rates relief in 2025-26, including £6.9m in Small Business Rate Relief, £33.8m in retail, hospitality and leisure relief, £90.3m in charity relief, and £31.0m 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.
Camden compared with London and England
- Average rateable value
- £83,768£18,847 above the London average (£64,921)£49,778 above the England average (£33,990)
- Largest sector by value
- Office property, 61.7%16.3 percentage points above its 45.4% share in London
- Total rateable value, 2023 to 2026 list
- +24.5%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
Camden ranks 5th of 296 English councils for average rateable value, at £83,768, and 4th of 33 in London. The same sector leads on numbers too: 49.5% of Camden's rateable properties fall in the office category.
Retail makes up 20.7% of Camden's rateable properties and 12.4% of its rateable value, both below the 28.9% and 19.7% across London. At March 2026, Camden had 430 properties with a rateable value of £500,000 or more, 3rd most of any English council and 2.5% of England's 16,900, and 560 on the 2026 list.
Change at the 2026 revaluation
Camden's +24.5% change in total rateable value at the 2026 revaluation was stronger than in 29 of the 32 other councils in London. The sharpest increase in Camden was in other commercial property, where total rateable value rose 33.6% at the 2026 revaluation, compared with +44.5% for other commercial property across London. No sector fell in Camden: retail property moved least, up 19.1% at the 2026 revaluation, compared with +13.6% for retail property across London.
Reliefs
In 2025-26, relief in Camden came to 19.3% of gross rates payable, below the 21.2% for England as a whole. Charity relief was the largest of the four main reliefs in Camden, at 55.7% 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 Camden 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 Camden's £83,768.
- Business rates in Kensington & Chelsea£76,321 average rateable value, £7,447 lower than Camden
- Business rates in Hillingdon£94,914 average rateable value, £11,146 higher than Camden
- Business rates in Southwark£63,624 average rateable value, £20,144 lower than Camden
- Business rates in Tower Hamlets£57,398 average rateable value, £26,370 lower than Camden
- Business rates in Westminster£130,876 average rateable value, £47,108 higher than Camden
- Business rates in City of London£151,053 average rateable value, £67,285 higher than Camden
Figures from MHCLG National Non-Domestic Rates statistics (2025-26), ONS UK Business Counts (2025), and English Indices of Deprivation (2025).
Updates for Camden
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