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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…

If your business is registered for VAT in the UK, find out when you can, or need to, account for import VAT on your VAT Return (also called postponed VAT accounting).

• Updated: 1 October 2022

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

This guide provides information about being arrested in Turkey and what conditions are like in prison there.

• Updated: 19 August 2024

The legal process of home repossession, including what your mortgage lender must do, repossession hearings, possession orders and help with legal costs

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

• Updated: 13 December 2017

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

• Updated: 3 February 2025

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

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

• Updated: 7 March 2024

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