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Sole Trader to Sole Trader Late Payment

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10 years 11 months ago #1100 by jdlandscapes
Hello,

Just a quick question...for an invoice overdue the payment date can a sole trader charge a late payment fee and interest to another sole trader?

cheers

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10 years 11 months ago - 10 years 11 months ago #1101 by Safe_UK
As long as you are both running businesses and it was a business transaction you are covered by the act :)

The exact legal status of the business doesn't have any impact on eligibility.

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