× Welcome to the late payment of commercial debts (interest) act. Forum!

Post questions here regarding the use of the Late Payment Legislation

Additional Fees for our labour costs?

More
10 years 11 months ago #1102 by spiltMILK3D
payontime.co.uk/late-payment-legislation-interest-calculators

On the above page it states:
"After 16 March 2013 additional fees can be claimed if the costs of recovery are not met by the compensation."

In some cases that I have read these Additional Fees are for Recovery Costs for the use of Solicitors / Bailiffs.

Are we legally entitled to Invoice for Administration Costs incurred for our own time / printing etc on top of the Statutory Recovery Costs Compensation (SI 2002/1674)?

Please Log in or Create an account to join the conversation.

More
10 years 11 months ago #1103 by john@termsandconditions.co.uk
The costs to which you refer cannot be claimed but reasonable additional third party recovery costs can be claimed.

Best Regards
John Hackwood
TermsandConditions.co.uk Ltd

Please Log in or Create an account to join the conversation.

More
10 years 11 months ago #1104 by spiltMILK3D
Many thanks for the response. Having had almost 2 decades of freelancing my now ex-client has led me to this Forum due to his insistence on over managing every situation. In return I have now learnt more about business to business legislation than I ever thought that I would need. All in all my business is much better for this knowledge. Again, many thanks.

Please Log in or Create an account to join the conversation.

Time to create page: 0.141 seconds