Late Payment Calculator
Work out how much interest and compensation you're owed when a client or employer pays late.
This tool gives general guidance only — not professional advice. Your situation may have specific factors not covered here. Consider consulting a qualified professional.
Calculate late payment interest
Work out how much interest and compensation you're owed when a client or employer pays late.
Defaults to today
Current BoE base rate periods
Aug 2024 – Nov 20245%
Nov 2024 – Feb 20254.75%
Feb 2025 – May 20254.5%
May 2025 – Aug 20254.25%
Aug 2025 – Dec 20254%
Dec 2025 onwards3.75%
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