💰 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.