DebtDemand

IE

They want to pay less than we agreed

A price agreed before the work is not renegotiated by deciding to pay less afterwards.

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102 / 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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