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Welcome to the Interest Calculator

The Interest Calculator offers a quick and easy way to calculate the amount of interest you are entitled to charge on outstanding debts.
The Statutory Interest Calculator will assist you if you wish to invoke your right to charge statutory interest on late payment.

  • Saves time – no need to research historic base rates.
  • Can calculate interest on debts dating back to November 1998, when the legislation was introduced.
  • The amount of interest due is provided instantly.

Alternatively, if you have made a provision for charging interest on late payment in your contract with the debtor, then please enter our Contractual Interest Calculator.

Statutory Interest      Contractual Interest
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IMPORTANT NOTICE
We have taken all reasonable care in sourcing and presenting the information contained on this web site
but no responsibility is accepted for any financial or other loss or damage that may result from its use
.

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