How do you deal with farmhouse expenses for limited company farm businesses? Sole traders and partnerships claim the business element of council tax, water, heating, lighting, rent etc for VAT and income tax but what limited companies do? If the expenses go through the company this triggers a BIK charge for the directors. If the expenses are kept out of the limited company then no BIK but no tax/VAT relief either. Do you keep the farm ownership outside the limited company and let it to the company?