👍 Someone now owes you £
Here’s how this was worked out:
- Days Overdue:
- Annual Rate: %
(The statutory rate of 8.0% + The Bank of England base rate as at )
- Interest Amount Payable: £
- Daily Interest Amount: £
- Recovery Fee: £
(According to the legislation)
- Total now due: £
(Assuming the debt hasn’t already been paid)