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Late payment text on invoices in UK
Thread poster: Anette Herbert

Anette Herbert  Identity Verified
Local time: 20:55
English to Swedish
+ ...
Apr 23, 2006

Dear colleagues,

I would like to add line on my invoices about charging interest and adding a fee for late payment to clients.

How do you formulate it on your invoices?
Grateful for suggestions from other UK translators.

TIA
Anette


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Mary Lalevee  Identity Verified
United Kingdom
Local time: 20:55
French to English
Late payment Apr 23, 2006

I can't remember exactly where I found it, but if you type "late payment" and "UK" in Google, you will find a UK government website with loads of information about what to do and what to say on the invoice.

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Anette Herbert  Identity Verified
Local time: 20:55
English to Swedish
+ ...
TOPIC STARTER
Found the text Apr 23, 2006

Mary Lalevée wrote:

I can't remember exactly where I found it, but if you type "late payment" and "UK" in Google, you will find a UK government website with loads of information about what to do and what to say on the invoice.



Thank you very much Mary, I used the following, hope it won't put customers off.

We reserve the right to claim statutory interest at 8% above the Bank of England base rate at the date the debt becomes overdue in accordance with the Late Payment of Commercial Debts (Interest) Act 1998

And for whom it may concern I have had this line for a while, which I have been told you have to have if you want to claim payment from somebody (or it makes it easier)

"This translated/proof read text remains the property of (your name or company name) until all payments have been settled".

Anette


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Jerónimo Fernández  Identity Verified
English to Spanish
+ ...
Thanks for sharing this Apr 24, 2006

Hi Anette,

Thanks for sharing this infromation with all of us.

Regards,
Jerónimo

[Edited at 2006-04-24 11:25]


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Paz Gomez-Polledo  Identity Verified
Spain
Local time: 21:55
English to Spanish
Why 8%? and how about for other countries? Apr 24, 2006

>>"We reserve the right to claim statutory interest at 8% above the Bank of England base rate at the date the debt "

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Anette Herbert  Identity Verified
Local time: 20:55
English to Swedish
+ ...
TOPIC STARTER
:-) Apr 24, 2006

Jerónimo Fernández wrote:

Hi Anette,

Thanks for sharing this infromation with all of us.

Regards,
Jerónimo

[Edited at 2006-04-24 11:25]




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Late payment text on invoices in UK

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