Late Payment Interest: Your Rights Under UK Law
Under the Late Payment of Commercial Debts (Interest) Act 1998, any UK business can charge interest on overdue invoices at the Bank of England base rate plus 8% – currently…
September 2025
My Customer Is 60 Days Late Paying – What Are My Options?
If a customer is 60 days late paying an invoice, your options range from a formal demand letter and charging statutory interest under the Late Payment of Commercial Debts Act…