Support Payontime

  1. Forum
  3. Pay on time supporter forums
  5. The late payment of commercial debts (interest) Act.
  7. Interest on overdue payment owed by business to individual
× Welcome to the late payment of commercial debts (interest) act. Forum!

Post questions here regarding the use of the Late Payment Legislation

Interest on overdue payment owed by business to individual

More
12 years 3 months ago #747 by Festival
Interest on overdue payment owed by business to individual was created by Festival
Recently sold personal property to a company, a proportion of the contractual amount is now overdue. There is no provision in the agreement for interest to be paid. Can I charge the business interest on the overdue balance?

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

More
12 years 3 months ago #748 by David J
Replied by David J on topic Re: Interest on overdue payment owed by business to individual
Hello Festival
The late payment legislation only covers commercial debts I'm afraid.

Kind regards

David

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

  1. Forum
  3. Pay on time supporter forums
  5. The late payment of commercial debts (interest) Act.
  7. Interest on overdue payment owed by business to individual
Time to create page: 0.118 seconds