Has anyone else used this? I'm very confused about the terms.
Under the act, self-employed/sole traders can claim compensation and interest on late payments. Fine.
But I've read conflicting accounts of the terms. I don't know if you can legally claim compensation and interest if businesses haven't paid within 30 days of being invoiced, or within 60 days. Is it different for private companies and public sector ones?
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Claiming money back under Late Payment of Commercial Debt (Interest) Act
3 replies
TomRavenscroft · 21/03/2018 10:47
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