Business cash to personal savings

[cryptoknight]

I'm a director (and sole employee) of my own Ltd company and I've built up a reasonable amount of cash in my business account that I don't need immediately.

Is it permissible to transfer this out of my business account and into a personal savings account to take advantage of a high(ish) interest rate?

I'm thinking if I did it as a director's loan and paid it back before the end of the financial year, there would be no tax penalty (beyond tax payable on the interest earned)

Am I missing something?

Answer here

https://www.gov.uk/directors-loans

In short, it depends upon the size of the loan and how long the loan is for. Also be careful as it is easy to get yourself into trouble with directors loans it you don't fully understand the rules