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Invoice with no Late Payment T&C

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12 years 5 months ago #542 by iancarr
Hi,

I'm relatively new to freelancing and I have an invoice which is now 3 months overdue. I'm in contact with the client, and their accountant, and they are waiting for a chain payment form their client.
Unfortunately, my original invoice does not have late payment t&C. However they did make a payment of 30% deposit before my services started.

I am now confused how to legally approach the client. What are my options?
Can I send them a letter saying I will now be charging for Late Payment? Or shall I just inform them that I will be passing this straight to a collection agency?
Hope you can advise.

Thanks,
Ian

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12 years 4 months ago #544 by rayprince
I'm pretty sure that the 1998 Act states that unless there are agreed terms and conditions to the contrary, the payment must be made within 30 days.

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12 years 4 months ago #545 by David J
Hello Ian

Prince Electronics is correct. If no terms are agreed, then 30 days would be the default period. However if there was a long standing relationship between customer and supplier where the customer paid at the end of the following month (as an example), that could be taken as the credit period.

There is more information here

Regards

David

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12 years 4 months ago #546 by iancarr
Thanks,

So, I am with in my rights to charge late payments with out stating it on the original invoice.

Then my next letter to the client would be:

THIS

Is this correct?

Thanks,
Ian

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12 years 4 months ago #548 by David J
Hello Ian

It is not necessary to state it on your invoices but there is no harm in doing so.

We recommend you add:

We understand and will exercise our statutory right to claim interest and compensation for debt recovery costs under the late payment legislation if we are not paid according to agreed credit terms.

If you sign up as a supporter which is free you can add the logo to future invoices. It doesn't mean you will get paid any quicker but at least it shows the customer that you are aware of your rights. You might even make them aware of the legislation as well!

Use one of the templates here for your letter

Regards

David

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12 years 4 months ago #549 by iancarr
That's great.
Thank you for your time. I will sign up as a supporter. Its always good to to have a reference like this.

Thanks,
Ian

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