What Property is liable to pay Business Rates?

In general, business rates are payable on most commercial property, such as shops, offices, warehouses and factories. Self-catering accommodation, such as a holiday home, is also liable to pay business rates, if you intend to make it available for commercial letting to short stay guests for 140 days or more in a year. If you offer bed and breakfast accommodation in your own home to six people or less, you are exempt from business rates, provided that the bed and breakfast use is subsidiary to the residential use. Timeshare units are also liable to business rates.