Late payment help

bez · 17-07-2009, 01:11 PM

I'm having trouble chasing an invoice. I mentioned adding interest for late payment but some numpty in the finance department at my client's has said I can't do this as it's not in the contract.

I'm sure I've read somewhere that I can but can't bloody well find it - anyone able to give me a hand?

Cheers in advance!

The SMG · 17-07-2009, 01:13 PM

Quote:

Originally Posted by bez

I'm having trouble chasing an invoice. I mentioned adding interest for late payment but some numpty in the finance department at my client's has said I can't do this as it's not in the contract.

I'm sure I've read somewhere that I can but can't bloody well find it - anyone able to give me a hand?

Cheers in advance!

take a look....

http://www.freelancesupermarket.com/...gislation.aspx

G

curleyted · 17-07-2009, 01:15 PM

I'm sure it's right here on this site, I'll dig it out

edit: scrub that, hadn't realise SMG had posted it already

bez · 17-07-2009, 01:18 PM

In front of my eyes the whole time! That's a lesson for you, use the site search facility first

Thanks SMG. This is the bit I love:

Quote:

The legislation is a statutory right, although your contract may override the legislation if it states an agreed ‘contractual interest’ amount to add to unpaid invoices. Essentially though, if there is no mention of contractual interest in your contract for services the legislation will apply.

Love it. This is a final invoice that I'm chasing and was sent over a month ago, so I'll send them a letter. I sent it before I went to Glasto, that's how long it's been waiting!

The SMG · 18-07-2009, 02:01 PM

Quote:

Originally Posted by bez

In front of my eyes the whole time! That's a lesson for you, use the site search facility first

Thanks SMG. This is the bit I love:

Love it. This is a final invoice that I'm chasing and was sent over a month ago, so I'll send them a letter. I sent it before I went to Glasto, that's how long it's been waiting!

What type of client are they Bez - Corporate, SME, small, very small? I'd be worried if they fit into the latter two categories. I'd also be worried if they were anything to do with Financial Services.

G