IE
Silence is not a defence, and it does not stop the clock. It also does not stop the interest.
Pick what's happening, or just type below
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