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Late commercial payments - interest and debt recovery costs you can charge businesses for late payments

• When a payment becomes late

  You can claim interest and debt recovery costs if another business is late…

• Interest on late commercial payments

  The interest you can charge if another business is late paying for goods…

• Claim debt recovery costs on late payments

  You can also charge a business a fixed sum for the cost of recovering a…

How to do a VAT Return, pay your VAT bill, correct errors in your VAT Return, what to do if you're late with your return or payment.

• When to do a VAT Return

  A VAT Return is a form you fill in to tell HM Revenue and Customs (HMRC)…

• What to include in a VAT Return

  You’ll need to include: your total sales and purchases the amount of VAT…

• How to send your VAT Return

  You must submit your VAT Return using accounting software that’s…

• Correct errors in your VAT Return

  You can correct errors in returns for the preceding 4 years, as long as…

• Late returns and payment

  If you miss the deadline for submitting your return, HMRC will send you a…

• Interest on underpaid or overpaid VAT

  HM Revenue and Customs (HMRC) will charge you interest if you do not pay…

If your payment is more than 15 days overdue, first and second late payment penalties apply. Find out how to avoid penalties and get help to pay in instalments.

• Updated: 6 December 2024

Renew and pay for a GB or European patent online - when renewal is due, fees, renew by post or phone instead

Employment Appeal Tribunal Judgment of Judge Tayler on 7 July 2025.

• Updated: 7 July 2025

Use inward processing to delay or reduce import duties or VAT on goods that you process or repair.

• Updated: 3 February 2025

Find out about late payment penalties and how to appeal if you're an employer.

• Updated: 13 December 2017

Disciplinary procedures your employer has at work - disciplinary hearings, appeals, suspension, dismissal and help and advice

Use this form to apply for late additions and declarations of priority

Find out about the rules you must follow for spending, borrowing from, or transferring your charity’s permanent endowment.

• Updated: 7 March 2024