A users guide to the late payment of commercial debt regulations 2013
This users guide to the Late Payment of Commercial Debts is to help you understand the legislation and how you can use it to claim interest and compensation on invoices that have not been paid with your agreed terms, or have been paid but were paid late.
It should be remembered that the late payment legislation is designed as a deterrent against late payment. It should be used as part of standard business practices and credit management techniques.
We hope to improve this users guide by understanding more about how businesses use the legislation via questions and answers from the forums and web polls on this site.