Compensation Entitlement
Late Payment of Commercial Debts (Interest) Act 1998Late Payment of Commercial Debts Regulations 2002Late Payment of Commercial Debts Regulations 2013 The statutory compensation entitlement varies depending on the value of each overdue payment/debt: Value of unpaid or late paid debt Compensation Entitlement Up to £999.99 £40.00 £1,000.00 to £9,999.99 £70.00 £10,000.00 or more £100.00 Compensation […]