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2 invoices outstanding to one company

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11 years 5 months ago #948 by Hindesign
2 invoices outstanding to one company was created by Hindesign
HI,

A company owes 2 invoices, both over 6 months old now, they are different jobs and different dates (by about a week), do these have to be bundled together and one claim for interest and compensation or should they be done individually.

Thanks in advance

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11 years 5 months ago #949 by David J
Replied by David J on topic Re: 2 invoices outstanding to one company
Hello Martin
Treat each outstanding invoice as a separate claim. So if each invoice was for example £500.00 each, you will claim interest on each invoice and a compensation claim of £40.00 for each invoice. However if you feel that this does not cover your expenses in recovering the debt, the recast legislation introduced in March allows you to charge more to cover the debt. This may include instructing a debt recovery agency, a solicitor or the amount of time/money spent by staff chasing the debt.
As yet though, I have not heard of that part of the legislation being used (yet).

Best regards

David

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11 years 5 months ago #950 by Hindesign
Replied by Hindesign on topic Re: 2 invoices outstanding to one company
HI David,
Thank you very much for the advice, much appreciated and I will put the claims into action, I may decide to add the new March legislation and If I do I will reply with the results. Thanks again

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