You or your company may have to pay tax if you take a director's loan. Your personal and company tax responsibilities depend on how the loan is settled.The Companies Act 2014 sets out very specific rules regarding loans and advances to and from directors and the importance of documenting such transactions. Our comprehensive guide covers everything you need to know about directors' loans. Explore the implications of directors' loans in Ireland. Find out more in our free in-depth guide. You can request form CT61 online or call HM Revenue and Customs. HMRC Shipley Accounts Office 0300 051 8371. Guide on Legal and Tax Implications regarding Director's Loan Account in Ireland. Learn more on how to minimise the risks involved today.