DebtDemand

IE

I did the work and they haven't paid

The invoice is late, and late has a legal meaning where you are. Here is what it is worth.

Pick what's happening, or just type below

97 / 2000
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What the law says where you are

These are the figures your country actually sets, not an average.

Late-payment interest

10.15 %

Regulation 4 of the European Communities (Late Payment in Commercial Transactions) Regulations 2012 (S.I. No. 580 of 2012); rate under Regulation 5

Fixed compensation

€40.00

Fixed sum — S.I. 580/2012 reg. 9

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