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Advice on non payment of invoices

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Mac_plas quoted the figure of 0.08 %

Did you read previous posts chez2?

Edited by ianparkin

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Mac_plas quoted the figure of 0.08 %

Did you read previous posts chez2?

 

Sorry my mistake you multiply your debt by 0.08.

 

Your debt x 0.08 = yearly interest

 

Yearly interest divided by 365 gives you your daily interest.

 

This is the only way you can charge a domestic customer interest, commercial debtors are different

 

---------- Post added 22-01-2017 at 21:20 ----------

 

https://www.gov.uk/make-court-claim-for-money/work-out-interest

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