When is an invoice considered late in the UK?
Understand agreed due dates, the statutory 30-day fallback rule and the records that help establish when a business invoice became overdue.
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Statutory interest on overdue invoices
A focused explanation of UK statutory commercial interest, the 8% plus Bank of England rate and how the daily amount is worked out.
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How to charge late-payment interest on overdue invoices
Understand the practical steps around UK statutory late-payment interest and what to check before adding interest to an overdue commercial invoice.
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£40, £70 and £100 late-payment compensation
A clear explanation of the fixed recovery sums that may apply to eligible commercial debts and how the debt bands work.
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How to recover an unpaid invoice in the UK
A staged approach to recovering an unpaid business invoice: check the paperwork, chase payment, preserve evidence and escalate proportionately if needed.
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Late Payment of Commercial Debts Act explained
A plain-English overview of the UK legal framework behind late commercial payment interest and recovery compensation.
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Have an invoice in front of you?
You do not need to read every guide first. Start with the free eligibility check and calculator, then use the guides to understand the result and decide what to do next.
Use the UK late-payment calculator