Thomas Higgins - How Much Interest Can You Charge on a Late Commercial Payment скачать в хорошем качестве

Thomas Higgins - How Much Interest Can You Charge on a Late Commercial Payment

How much interest can you legally charge on a late commercial payment? In this quick guide, Thomas Higgins explains exactly what UK businesses can and cannot charge when customers pay late — including statutory interest, late payment compensation, and how to calculate the correct amount. Whether you run a small business, chase overdue invoices, or handle credit control, this video gives you the clear legal rules you need to protect your cashflow and get paid on time. 🔍 In this video, you’ll learn: What the law says about charging interest on overdue commercial invoices The current statutory interest rate you can apply How late payment compensation works (and when you can claim it) How to calculate interest quickly and correctly Common mistakes businesses make when chasing late payments When to escalate to debt recovery — and how Thomas Higgins can help 📌 Why this matters Late payments can put huge pressure on your business. Knowing your legal rights allows you to recover what you're owed fairly, confidently, and professionally. 💡 Want to recover overdue invoices? Visit Thomas Higgins Limited for fast, low‑cost legal debt recovery services. We help thousands of UK businesses every year recover debt quickly and efficiently. 📞 Contact Us 👉 Website: www.thomashiggins.com