12 September 2007
My vocabulary was extended in a colourful manner the other day when I had a visit from a building subcontractor client. He explained that he had carried out some work for a client building contractor, the value of which was about £20,000. He is not registered for gross payment and he had received a cheque for the net amount due to him after the deduction under the construction industry scheme. Unfortunately, when the cheque was paid into his bank it 'bounced' and it bounced on being presented again.
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