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Late Payment Calculator

Late Payment Calculator

How much statutory interest could you charge?

Calculate how much statutory late payment interest and compensation you can charge on overdue invoices with our late payment interest calculator.

Under the Late Payment of Commercial Debts (Interest) Act, businesses have the right to charge their customers compensation and statutory interest on any overdue invoices to help cover debt collection costs.

To calculate how much late payment interest you are eligible to charge on overdue invoices, simply use the calculator below: