Apple
What do you mean do you want to know the accounting treatment or tax implications?
Is the loan from the company to director or vica versa
A loan to a director is illegal if it exceeds 10% of the relevant assets!
Section 31(1) Companies Act 1990
Its also is treated as loan net of standard rate income tax, so must be grossed up and at 80% and the 20% income tax paid over to revenue - this is assuming its a close company e.g a loan of €800 is really €1,000 gross €200 goes to revenue as a liablity
On the other hand there is no issue with a director lending money to a company - no tax issues there except if excessive interest is paid part is treated as a distribution of the company and not deductible for tax purposes for the company - and of course the interest is assessable to income tax in the hand of the director