East Midlands · 2025-26
Business Rates in Charnwood
Businesses in Charnwood paid £56.5m in net business rates during 2025-26, below the average English council's £93.2m.
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Relief granted in Charnwood
Share of £20.2m total relief, 2025-26.
Charnwood at a glance
Charnwood granted £20.2m in relief overall, lower than the national council average of £26.3m. This included £6.5m in Small Business Rate Relief and £2.4m in retail, hospitality and leisure relief.
A further £8.5m went to charity relief and £1.9m to empty property relief, reflecting the mix of ratepayers across the local authority.
Charnwood has an estimated 6,700 active businesses, according to the latest ONS Business Counts (2025).
Charnwood ranks 228 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 industrial property in Charnwood rose by 20.0% — if this pushed your assessment too high, an appeal may be worth considering.
Frequently asked questions
How much are business rates in Charnwood?
Charnwood's local authority collected £56.5m 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 Charnwood?
Charnwood granted £20.2m in business rates relief in 2025-26, including £6.5m in Small Business Rate Relief, £2.4m in retail, hospitality and leisure relief, £8.5m in charity relief, and £1.9m 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.
Charnwood compared with the East Midlands and England
- Average rateable value
- £29,970£1,368 above the East Midlands average (£28,602)£4,020 below the England average (£33,990)
- Largest sector by value
- Industrial property, 38.2%6.0 percentage points below its 44.2% share in the East Midlands
- Total rateable value, 2023 to 2026 list
- +15.6%East Midlands: +16.4%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
At £29,970, Charnwood's average rateable value ranks 137th of 296 councils in England and 10th of 35 in the East Midlands. Industrial property also accounts for the most properties in Charnwood, at 34.4% of its rateable properties.
In Charnwood, retail is 25.9% of rateable properties and 19.5% of rateable value; across the East Midlands the figures are 23.3% and 18.5%. High-value property is limited in Charnwood: around 30 properties were rated at £500,000 or more at March 2026, unchanged at around 30 on the 2026 list.
Change at the 2026 revaluation
Of the 34 other councils in the East Midlands, 19 saw a weaker change in total rateable value at the 2026 revaluation than Charnwood's +15.6% and 14 saw a stronger one. Industrial property saw the biggest rise in Charnwood: total rateable value up 20.0% between the 2023 and 2026 lists, against +18.8% for industrial property across the East Midlands. Even the weakest sector in Charnwood, office property, rose 3.8% in total rateable value at the 2026 revaluation, against +5.9% for office property across the East Midlands.
Reliefs
Total relief granted in Charnwood equalled 25.7% of gross rates payable in 2025-26, above the 21.2% across English councils taken together. Of the four main reliefs, charity relief accounted for the most in Charnwood: 41.8% of the total, above the England figure of 29.7%.
Source: HM Revenue & Customs, using Valuation Office Agency data, and MHCLG relief returns. Open Government Licence v3.0. Method and rounding: /methodology.
See how Charnwood compares with the rest of the region: Business rates in East Midlands, State of Business Rates in England 2026 →
Nearby areas
Compare with other councils in the East Midlands
Other East Midlands councils with their average rateable value, listed from the closest to Charnwood's £29,970.
- Business rates in Lincoln£30,058 average rateable value, £88 higher than Charnwood
- Business rates in Derby UA£29,155 average rateable value, £815 lower than Charnwood
- Business rates in Nottingham UA£28,959 average rateable value, £1,011 lower than Charnwood
- Business rates in Bolsover£31,693 average rateable value, £1,723 higher than Charnwood
- Business rates in Ashfield£28,207 average rateable value, £1,763 lower than Charnwood
- Business rates in Bassetlaw£28,166 average rateable value, £1,804 lower than Charnwood
Figures from MHCLG National Non-Domestic Rates statistics (2025-26), ONS UK Business Counts (2025), and English Indices of Deprivation (2025).
Updates for Charnwood
By email.