Originally posted by TheFaQQer
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Somebody should really have picked up on this clause.
In all honesty much as we support the use of the late payment legislation, in this instance you may well find it doesn't cover your company.
As stated earlier the way the legislation is worded means that the statutory interest has to precede the addition of the fixed costs and in this instance you have effectively signed away that right (possibly not legally, but for the purposes of the here and now).
Our suggestion would be to issue the claim for the fixed costs on this invoice, plus any other invoice they have paid late in the past (you can go back six years). Chase it as a "normal" overdue balance and see what happens.
But we wouldn't recommend issuing proceedings for the claim based on what we know at the moment.
Originally posted by Wanderer
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