The compensation tiers
For invoices below 1,000 GBP, the fixed compensation amount used by this calculator is 40 GBP.
For invoices from 1,000 GBP to 9,999.99 GBP, the fixed compensation amount used by this calculator is 70 GBP.
For invoices of 10,000 GBP or more, the fixed compensation amount used by this calculator is 100 GBP.
How compensation fits with interest
Compensation is separate from statutory interest. Interest grows with the number of overdue days, while compensation is a fixed amount based on invoice value.
The calculator combines invoice principal, accrued interest, and fixed compensation so the total claim is visible in one place.
When to be careful
If the invoice is not yet overdue, compensation should not be included in the claim.
If the customer disputes the invoice, treat the calculator result as an estimate and consider professional advice before escalation.
FAQ
Common questions
Is late payment compensation automatic?
The calculator can estimate the amount, but whether it should be claimed depends on the commercial debt, payment terms, and dispute context.
Does compensation increase every day?
No. Fixed compensation is based on the invoice amount. The interest portion increases as the number of overdue days increases.