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If another business is late in paying for your goods or services you have provided, you could be entitled to charge interest on outstanding sums under statutory provisions, which set out the rules on when and what you can charge when you are recovering late payments. Here, we provide business owners with an overview of charging interest on late payments. To receive advice for your specific circumstances, get in touch with us today.
For comprehensive commercial debt recovery advice, call Morgan Legal today on 0141 258 4117 or fill in our online enquiry form.