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 for business-to-business debt 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 […]