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Dividend scenario 4

Multiple bank accounts

This may seem very obvious indeed but is worth mentioning. Let’s say you have done £10,000 worth of work and receive payment for this. You decide to split this money and put it in two separate bank accounts. The Crunch system will calculate your dividend as £10,000 but the money in either of the two bank accounts will be less than this amount.

This is part of a troubleshooting series on 'Why does the maximum dividend available not match my bank balance?'

Last Updated: 14 Sep 2015 11:15AM BST

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