South West · 2025-26
Business Rates in Mid Devon
Businesses in Mid Devon paid £18.8m in net business rates during 2025-26, below the average English council's £93.2m.
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Relief granted in Mid Devon
Share of £9.2m total relief, 2025-26.
Mid Devon at a glance
Mid Devon granted £9.2m in relief overall, lower than the national council average of £26.3m. This included £4.5m in Small Business Rate Relief and £1.4m in retail, hospitality and leisure relief.
A further £1.6m went to charity relief and £0.6m to empty property relief, reflecting the mix of ratepayers across the local authority.
Mid Devon has an estimated 4,530 active businesses, according to the latest ONS Business Counts (2025).
Mid Devon ranks 150 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 Mid Devon rose by 26.6% — if this pushed your assessment too high, an appeal may be worth considering.
Frequently asked questions
How much are business rates in Mid Devon?
Mid Devon's local authority collected £18.8m 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 Mid Devon?
Mid Devon granted £9.2m in business rates relief in 2025-26, including £4.5m in Small Business Rate Relief, £1.4m in retail, hospitality and leisure relief, £1.6m in charity relief, and £0.6m 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.
Mid Devon compared with the South West and England
- Average rateable value
- £15,311£8,633 below the South West average (£23,944)£18,679 below the England average (£33,990)
- Largest sector by value
- Industrial property, 43.9%13.1 percentage points above its 30.8% share in the South West
- Total rateable value, 2023 to 2026 list
- +21.8%South West: +17.7%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
With an average rateable value of £15,311, Mid Devon has the 15th lowest figure of England's 296 councils and 20th of 27 in the South West. Other commercial property makes up the largest share of Mid Devon's rateable properties (39.1%), but industrial property carries the most rateable value (43.9%).
Shops and other retail property account for 15.2% of Mid Devon's rateable properties and 19.8% of its value, lower than the 20.1% and 22.7% across the South West. High-value property is limited in Mid Devon: around 10 properties were rated at £500,000 or more at March 2026, unchanged at around 10 on the 2026 list.
Change at the 2026 revaluation
Only 2 of the 26 other councils in the South West saw a stronger change in total rateable value at the 2026 revaluation than Mid Devon's +21.8%. Industrial property saw the biggest rise in Mid Devon: total rateable value up 26.6% between the 2023 and 2026 lists, against +18.7% for industrial property across the South West. Even the weakest sector in Mid Devon, office property, rose 9.6% in total rateable value at the 2026 revaluation, against +18.7% for office property across the South West.
Reliefs
Total relief granted in Mid Devon equalled 31.6% of gross rates payable in 2025-26, above the 21.2% across English councils taken together. Of the four main reliefs, Small Business Rate Relief accounted for the most in Mid Devon: 49.5% of the total, above the England figure of 28.0%.
Source: HM Revenue & Customs, using Valuation Office Agency data, and MHCLG relief returns. Open Government Licence v3.0. Method and rounding: /methodology.
See how Mid Devon compares with the rest of the region: Business rates in South West, State of Business Rates in England 2026 →
Nearby areas
Compare with other councils in the South West
Other South West councils with their average rateable value, listed from the closest to Mid Devon's £15,311.
- Business rates in Forest of Dean£15,157 average rateable value, £154 lower than Mid Devon
- Business rates in South Hams£14,795 average rateable value, £516 lower than Mid Devon
- Business rates in East Devon£16,334 average rateable value, £1,023 higher than Mid Devon
- Business rates in Teignbridge£17,045 average rateable value, £1,734 higher than Mid Devon
- Business rates in Dorset UA£17,498 average rateable value, £2,187 higher than Mid Devon
- Business rates in Torbay UA£18,051 average rateable value, £2,740 higher than Mid Devon
Figures from MHCLG National Non-Domestic Rates statistics (2025-26), ONS UK Business Counts (2025), and English Indices of Deprivation (2025).
Updates for Mid Devon
By email.