Late Payment Calculator

Calculate the statutory interest due on invoices under the Late Payment of Commercial Debts (Interest) Act 1998.

Simply enter the invoice details below and click calculate:

Date payment became overdue:      
Date of Payment (if debt has been paid):      
Total invoice value (inc VAT):  
   
  

Solutions for Contractors:



Parasol - get paid quicker

4 payrolls a day. Calculate your take home pay now.


  


     
  

Latest Site Updates

ContractorCalculator: Contracting news in brief ContractorCalculator: Contracting news in brief

News this week includes contractor demand bucks trend; public sector IT slump; AWR simplification; economic data updates & the latest news from HMRC.

Agency Workers Regulations: ARC suggests a more pragmatic approach Agency Workers Regulations: ARC suggests a more pragmatic approach

The Association of Recruitment Consultancies calls for a simplified and lower-cost approach to implementing the Agency Workers Regulations.

Contracting jobs market still bullish against backdrop of slowing employment growth Contracting jobs market still bullish against backdrop of slowing employment growth

Growth in UK employment is slowing, but IT and engineering skills shortages are likely to benefit contractors, shows the new REC/KPMG Report on Jobs.

Abolish IR35? An ‘accident’ that isn’t going to happen, no matter how fast OTS goes Abolish IR35? An ‘accident’ that isn’t going to happen, no matter how fast OTS goes

IR35 has not been abolished. It’s being reviewed but is still very much in force. Contractors who ignore this may encounter a nasty IR35 roadblock.


  
  

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