Unpaid invoice: Late Payment Statutory Rates
The Late Payment Statutory Rates carries 6 published figures read from 7 sources' own pages, from 15 to 60 day, read 26 September 2026.
RemitDeck sells its own paid plan in this category (our pricing). It is not counted here: every figure in this index is another provider's own published price, read from its own page.
7 of the 10 named sources read in full publish a figure; 2 publish none, read 26 September 2026.
By requirement
| Breakdown | Median | Range | Sources |
|---|---|---|---|
| requirementPrompt Payment interest rate (US) | 4.75% | 4.75 to 4.75% | 1 |
| requirementpayment term, US federal | 30day | 30 to 30day | 1 |
| requirementaccelerated payment, US federal | 15day | 15 to 15day | 1 |
| requirementfixed compensation (Directive 2011/7/EU) | 40EUR | 40 to 40EUR | 1 |
| requirementpayment term, GB public authority | 30day | 30 to 30day | 1 |
| requirementpayment term, GB business | 60day | 60 to 60day | 1 |
| requirementpayment term, EU public authority | 30day | 30 to 30day | 1 |
| requirementpayment term, EU business | 60day | 60 to 60day | 1 |
| requirementfixed compensation (EU) | 40EUR | 40 to 40EUR | 1 |
| requirementstatutory interest margin (EU) | 8% | 8 to 8% | 1 |
| requirementfixed compensation, debt up to GBP 999.99 | 40GBP | 40 to 40GBP | 1 |
| requirementfixed compensation, debt GBP 1,000 to 9,999.99 | 70GBP | 70 to 70GBP | 1 |
| requirementfixed compensation, debt GBP 10,000 or more | 100GBP | 100 to 100GBP | 1 |
| requirementstatutory interest margin (GB) | 8% | 8 to 8% | 1 |
Every figure, with its source
One row per source: the figure the source's own page publishes, the page, and the day it was read. A figure that is not on a page we read is not on this one.
| Source | Figure | Breakdown | Read |
|---|---|---|---|
| GOV.UK | 100GBP | fixed compensation, debt GBP 10,000 or more | 2026-09-26 |
| GOV.UK | 70GBP | fixed compensation, debt GBP 1,000 to 9,999.99 | 2026-09-26 |
| GOV.UK | 60day | payment term, GB business | 2026-09-26 |
| European Commission | 60day | payment term, EU business | 2026-09-26 |
| EUR-Lex | 40EUR | fixed compensation (Directive 2011/7/EU) | 2026-09-25 |
| European Commission | 40EUR | fixed compensation (EU) | 2026-09-26 |
| GOV.UK | 40GBP | fixed compensation, debt up to GBP 999.99 | 2026-09-26 |
| eCFR | 30day | payment term, US federal | 2026-09-25 |
| GOV.UK | 30day | payment term, GB public authority | 2026-09-26 |
| European Commission | 30day | payment term, EU public authority | 2026-09-26 |
| eCFR | 15day | accelerated payment, US federal | 2026-09-25 |
| European Commission | 8% | statutory interest margin (EU) | 2026-09-26 |
| gov.uk | 8% | statutory interest margin (GB) | 2026-09-26 |
| US Bureau of the Fiscal Service | 4.75% | Prompt Payment interest rate (US) | 2026-09-11 |
The sentence each figure was read from (14)
- GOV.UK, read 2026-09-26:
£10,000 or more £100
- GOV.UK, read 2026-09-26:
£1,000 to £9,999.99 £70
- GOV.UK, read 2026-09-26:
You can agree a longer period than 60 days for business transactions - but it must be fair to both businesses.
- European Commission, read 2026-09-26:
enterprises have to pay their invoices within 60 days, unless they expressly agree otherwise and provided it is not grossly unfair
- EUR-Lex, read 2026-09-25:
Compensation for recovery costs Member States shall ensure that, where interest for late payment becomes payable in commercial transactions in accordance with Article 3 or 4, the creditor is entitled to obtain from the debtor, as a minimum, a fixed sum of EUR 40.
- European Commission, read 2026-09-26:
automatic entitlement to interest for late payment and €40 minimum as compensation for recovery costs
- GOV.UK, read 2026-09-26:
Amount of debt What you can charge Up to £999.99 £40
- eCFR, read 2026-09-25:
(iv) 30 days after the start of the payment period as specified in paragraph (f) of this section, if not specified in the contract, if discounts are not taken, and if accelerated payment methods are not used.
- GOV.UK, read 2026-09-26:
If you agree a payment date, it must usually be within 30 days for public authorities or 60 days for business transactions.
- European Commission, read 2026-09-26:
public authorities have to pay for the goods and services that they procure within 30 days or, in very exceptional circumstances, within 60 days
- eCFR, read 2026-09-25:
Payment may be made within 15 days after the date of receipt of the invoice.
- European Commission, read 2026-09-26:
statutory interest of at least 8% above the European Central Bank’s reference rate
- gov.uk, read 2026-09-26:
The interest you can charge if another business is late paying for goods or a service is ‘statutory interest’ - this is 8% plus the Bank of England base rate for business to business transactions.
- US Bureau of the Fiscal Service, read 2026-09-11:
The Prompt Payment interest rate for July 1– December 31, 2026 is 4.75%.
Read in full, publishes no figure
2 named sources were read in full on the dates shown and print no usable figure. They are counted, never filled in.
- Acquisition.gov (FAR), read 2026-09-26: every candidate on the page was refused
- legislation.gov.uk, read 2026-09-11: read in full and no accepted figure on the page
Methodology
Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2).
7 of the 10 named sources that could be read published a usable figure; 2 published none and are recorded as not published, never filled in; 0 could not be read (blocked, dead or unreachable) and count nowhere.
The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source in day (a source's median where its page yielded several accepted sentences), so N counts sources, never sentences; 29 candidate sentence(s) were refused by a reviewer with the reason recorded.
The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): one row per jurisdiction per period: the statutory interest rate in force, the reference rate it is built on and the margin over it, the fixed debt-recovery compensation, and the default payment term the law imposes - quoted verbatim from the authority with its effective date.
All three regimes reset on a schedule (the UK with Bank of England base rate, the EU every half year off the ECB reference rate, the US Prompt Payment rate every half year from Treasury), so the derivation is a SERIES: the rate by half-year across jurisdictions, which no single authority publishes, and the cash a given overdue invoice has earned to date.
29 candidate sentences on these pages were refused by a reviewer; each refusal and its reason is recorded in the review ledger.
Sources (10)
- European Commission(the publisher's own terms; quoted for reporting and comment)
- GOV.UK(the publisher's own terms; quoted for reporting and comment)
- GOV.UK(the publisher's own terms; quoted for reporting and comment)
- US Bureau of the Fiscal Service(the publisher's own terms; quoted for reporting and comment)
- eCFR(the publisher's own terms; quoted for reporting and comment)
- Acquisition.gov (FAR)(the publisher's own terms; quoted for reporting and comment)
- EUR-Lex(the publisher's own terms; quoted for reporting and comment)
- GOV.UK(the publisher's own terms; quoted for reporting and comment)
- legislation.gov.uk(the publisher's own terms; quoted for reporting and comment)
- gov.uk(the publisher's own terms; quoted for reporting and comment)
Cite or embed this figure
Cite or embed this figure
The Late Payment Statutory Rates carries 6 published figures read from 7 sources' own pages, from 15 to 60 day, read 26 September 2026.
7 of the 10 named sources read in full publish a figure; 2 publish none, read 26 September 2026.
Late Payment Statutory Rates, requirement Prompt Payment interest rate (US): median 4.75 percent across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement payment term, US federal: median 30 day across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement accelerated payment, US federal: median 15 day across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement fixed compensation (Directive 2011/7/EU): median 40 EUR across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement payment term, GB public authority: median 30 day across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement payment term, GB business: median 60 day across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement payment term, EU public authority: median 30 day across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement payment term, EU business: median 60 day across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement fixed compensation (EU): median 40 EUR across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement statutory interest margin (EU): median 8 percent across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement fixed compensation, debt up to GBP 999.99: median 40 GBP across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement fixed compensation, debt GBP 1,000 to 9,999.99: median 70 GBP across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement fixed compensation, debt GBP 10,000 or more: median 100 GBP across 1 source, read 26 September 2026.
Late Payment Statutory Rates, requirement statutory interest margin (GB): median 8 percent across 1 source, read 26 September 2026.
Cite as: "RemitDeck Late Payment Statutory Rates", updated 2026-10-05, https://remitdeck.com/datasets/late-payment-statutory-rates/.
Download the CSV (14 rows, computed 2026-10-05)