I am not an accountant so am after some advice please.
I own Company A and am looking to purchase Company B that is owned by two individuals each with a 50% shareholding.
Company B has assets of £75k with net liabilites of £55k. Annual revenue of approx. £10k gross.
Company A is looking to buy 100% of the shareholding from the shareholders and keep Company B trading as an individual entity.
From a tax perspective what are the implications please?
Also, what are the implications of Company A lending to Company B?
Thank you in advance!