UK Late Payment Fee Calculator
Calculate statutory late payment fees and generate professional demand letters under UK commercial debt regulations.
Calculator
Demand Letter
Enter your details and click "Calculate & Generate Letter" to create your professional demand letter.
How It Works
- Calculates statutory interest at 8% above Bank of England base rate (currently 8.0%)
- Applies minimum £40 late payment fee as per UK regulations
- Generates professional demand letter compliant with Late Payment of Commercial Debts Act 1998
- Provides exact figures for legal recovery proceedings if needed