Someone Paid You Late? You're Legally Owed Interest + Compensation.

Under the Late Payment of Commercial Debts Act 1998, UK businesses can charge 8% + Bank of England base rate interest plus fixed compensation on every overdue invoice. Most don't know. Calculate yours now.

💰 Calculate What You're Owed

Invoice amount (£)

Due date

Date paid (leave empty if still unpaid)

You're legally owed:

—

Your statutory rights (even if not in your contract)

+ Bank of England base rate statutory interest on overdue invoices

£40-100

Fixed compensation per invoice, set by law

90%

of UK businesses experienced late payments last year

32 days

Average payment delay for UK small businesses