UK Late Payment Calculator
Calculate what you're owed under the Late Payment of Commercial Debts Regulations 2018, including statutory interest, fixed compensation, and total recoverable amount.
Results
- Statutory Interest:£6.99
- Fixed Compensation:£70.00
- Total Recoverable:£1076.99
Note: This calculator uses an assumed base rate of 0.5%. For exact figures, check the current Bank of England base rate.