Webster Dictionary(0.00 / 0 votes)Rate this definition: 1  Buck(noun) lye or suds in which cloth is soaked in the operation of bleaching, or in which clothes are washed. 2  Buck(noun) the cloth or clothes soaked or washed. 3  Buck(verb) to soak, steep, or boil, in lye or suds; -- a process in bleaching.
If the employee of a subcontractor suffers an on-the-job injury, the subcontractorâs workers' comp carrier should provide the medical and indemnity benefits. If the subcontractor is not covered, then the employee can file a claim against the general contractorâs insurance company.
Under the Construction Industry Scheme (. ), contractors deduct money from a subcontractor âs payments and pass it to HM Revenue and Customs (. ). The deductions count as advance payments towards the subcontractorâs tax and National Insurance. Contractors must register for the scheme. Subcontractors donât have to register, but deductions are taken from their payments at a higher rate if theyâre not registered.