Chaser | Late payments calculator

Late payments calculator

The amount of interest you can charge on late payment is defined by the contract you have with your client. If your contract contains a specific late payment clause that sets out an interest rate, then you must abide by that rate. If you don’t have a specific late payment clause, then the interest rate defaults to eight per cent plus the Bank of England base rate, also referred to as statutory interest. 
Chaser late payments calculator

The debt of
was due on
but was paid
days late on

The interest due to you is 8.10