How Late Payment Legislation Can Help Creatives Get Paid on Time in 2025
Key Takeaways: You can charge 12%* annual interest on late payments (Bank of England base rate 4% + 8%)* Correct as of 16/10/2025 Claim fixed compensation of £40-£100 per late invoice Check clients against the Fair Payment Code database before accepting work You have 6 years to claim statutory interest on unpaid invoices 38 businesses […]
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