Provision of loan from two Companies not in a group to another Company – Possible options available and the tax implications of each option?

Question: A Client and his wife are directors and 50/50 shareholders in two individual limited companies‐both trading as supermarkets. Co. 1 has Turnover of €3m and Profit after Tax of €35K. Co. 1 has Turnover of €3.7m and Profit after tax of €118K. The client has an interest in classic cars and is thinking of setting […]