'ing customers!

I found the threat of interest at 6% above base rate if it's late past the due date usually did the trick.

 

My husband was self employed and I used to do the invoicing so also had the unenviable job of 'chasing up' non payment. People like to keep the money for as long as possible even though they have had the goods, threatening to charge interest might do the trick although we found that sometimes they would just pay the original amount without the interest added!!!

Val

 

I used to say, I'm not a register charity you know.

 

I'm astounded by some of the debtors on the programme "The sheriffs are coming"

 

Have a look at the 'Late Payment of Commercial Debts Act' - if your customers are government bodies - they are legally obliged to pay you interest on the outstanding invoice amount.

 

I've known builders take down brickwork due to non-payments before.