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 firstname.lastname@example.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.