How are late fees calculated?

Many small businesses don’t realise that they can charge their customers late payment fees, and they are an underused way to get paid more quickly. In fact, you don’t even have to put it in your terms or conditions or your contract, it’s a statutory right and the law in the UK.


For full guidance on how late payment fees work and how to calculate them, please refer to our detailed blog article:

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This article provides step-by-step instructions, examples, statutory rules, and everything you need to understand the calculation process.


Who can I contact for help?

If you are still experiencing issues or have questions about your account, please reach out to our customer success team via the Satago Help Centre