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should i pay a deposit by cheque to my supplier
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Anyway although it might not actually apply to the OP it's an interesting point whether they would be protected beyond £30k. For example if they paid a £5k deposit by credit card and £29k balance at the end of the job would they be protected as neither one transaction would exceed £30k? Or would the protection apply to the combined amount?
AFAIK it is for the value of the goods or services in total, you cannot split them into deposit and final payment,as from my quote in reply #5 from Which; -
"The goods or services you have bought must have cost between £100 and £30,000."Don`t steal - the Government doesn`t like the competition0 -
thanks once again, yes total for the job is 34500k, at the time i only had £8200 in my bank so he rewrote the insurance cert for £8200. then the further money is split into segments.Listen to what people say, but watch what people what people do!!0
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