The Date for the Job

IN THEORY, the Late Payment of Commercial Debts (Interest) Act 1998 should have made all your cheques arrive promptly. Somehow, we doubt it.

The catch is, that clients can (try to) specify when is "late" in contracts. Please send reports of how clients are actually doing to editor@londonfreelance.org, fax them to 020 7278 1812.

If no-one specifies a date, you can charge interest at 8% over Base Rate starting 30 days after the invoice date.

Jul/Aug 1999
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