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Thank you for your response. The company is providing services to various farms, however the property to be bought is residential, not a farm house/ property. The director will live in it. If he pays rent that is the acceptable rent per month for that particular area, is the director still liable to BIK tax?

Hi, I hope you will be able to help. Can a Limited company buy a property (only one) and have the Director live in it. The company is not an investment company, it is providing services. What will be the circumstances with the different taxation, i.e. Stamp Duty Tax, AIA, BIK and everything else that could apply to it? Thank you