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Interest and Fees

How to Calculate Interest on Unpaid Invoices

If your clients fail to pay on time, you have the right to charge them interest on the unpaid amount. Let this guide show you how to calculate interest.

Interest and Fees5 December 2024

How To Calculate Late Payment Interest & Compensation

Late payments can cause a financial strain on your business. This is where late payment interest and compensation come into play.

Interest and Fees1 December 2024

Late Payment Interest Charges: Everything You Need to Know to Avoid Penalties

Late payment interest charges can be a frustrating issue for businesses. Not only can they be a financial burden, but they can also damage relationships.

Interest and Fees5 November 2024

What is the late fee for invoices in the UK?

Learn how to add late fees to your invoices, understand invoice payment terms and ensure timely payments with our comprehensive guide.

Interest and Fees9 June 2024

Calculating Late Invoice Interest

Calculating late invoice interest is straightforward. Read our step-by-step process of how to work out the interest for your overdue invoices here.

Interest and Fees2 June 2024

The Rate of Interest

The law gives you the right to charge interest at the Bank of England base rate plus 8%. Understand the rate of interest here.

Interest and Fees1 June 2024

Interest on Late Payments

Late payments create cashflow problems but using your legal right to claim interest can encourage customers to pay on time.

Interest and Fees1 June 2022

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