The law allows for interest to be charged against late payment of commercial debts. This explains how to go about notifying and charging the interest.
The Late Payment of Commercial Debts (Rate of Interest) (No. 3) Order 2002doi:2002 No. 1675介绍性文本1.引用,生效和延期2.撤销3.解释4.法定利率信号解释性说明
any other remedy, Recruiterz reserves the righttochargeinterest in accordance withtheLatePayment of Commercial Debts (Interest) Act 1998 as amended. recruiterz.co.uk recruiterz.co.uk 在不损害任何其他补救措施,Recruiterz保留权利收取利息按逾期付款的商业债务(利息)作为修订法案1998。
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That is why the Late Payment of Commercial Debts (Interest) Act was introduced in 1998, allowing smaller companies to charge interest. Now the law has been extended to cover all firms - large or small and in both the public and private sector - which means that even the smallest firms ...
All businesses have a legal right to claim interest from late-paying customers. The statutory right to interest and compensation, introduced under the Late Payment of Commercial Debts (Interest) Act 1998, applies to all contracts agreed after 7 August 2002. Late payments create cashflow problems ...
a你平时看什么书 You usually read any book[translate] aThorgan Hazard Thorgan危险[translate] aLate or overdue amounts are to bear interest at the rate applicable to interest on debts and damages from time to time. 晚或过期数额是时常负担兴趣以率可适用到兴趣在债务和损伤。[translate]...
The penalty structure is set out by the UK government under the Late Payment of Commercial Debts Regulations 2002 (SI 2002 No 1674). <<your-company-name>> will charge the statutory interest of 8% plus the Bank of England base rate for business to business transactions, in addition to ...
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freelancers are entitled to charge late payerscompensationand penalty interest on commercial debts. For amounts owing up to £999, the penalty is £40, rising to £70 for debts up to £9,999 and £100 above that. Interest is also payable at the base rate plus 8 per cent. So ...