Q: If somebody is self-employed and a company is constantly late in paying their invoices…_2

...can they legally invoice the company for interest on late payment charges?

...can they legally invoice the company for interest on late payment charges?

This is a point that has perplexed the government for some time, as it is aware of the impact that late payment has on small businesses. All too often, large companies hold small suppliers to ransom by delaying payment, so causing them serious cash flow problems.

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