💰 Late Payment Interest Calculator

Calculate the interest you're legally entitled to charge on overdue invoices under US or UK late payment law.

⚠️ This calculator provides estimates based on general late payment rules. Actual entitlements may vary. This does not constitute legal advice.

Invoice Details

UK Rate: Under the Late Payment of Commercial Debts Act 1998, the statutory rate is 8% per annum above the Bank of England base rate (currently ~8% total). This applies to B2B debts.

Calculation Result

Fill in the invoice details and click "Calculate Interest" to see the result.

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