Who it's for
- Freelancers and small businesses with overdue invoices
- Businesses that want a consistent credit-control process
- Creditors chasing individuals, who must also follow the Pre-Action Protocol for Debt Claims
What's included
- About this pack — the sequence, statutory interest and the pre-action protocol
- Statutory interest table for business debts
- Stage 1 — Friendly reminder (about 7 days overdue)
- Stage 2 — Formal reminder (14 to 21 days overdue)
- Stage 3 — Letter before action with a breakdown of principal, interest and compensation
Save with a bundle: get this plus 9 more documents in the Debt and Consumer Bundle for £39.99.
See what's in the bundle →Key points covered
- Business debts carry statutory interest at 8% above base rate plus £40, £70 or £100 compensation
- For individual debtors, allow 30 days and enclose the protocol's information sheet, reply form and financial statement — the Debt Demand Letter Pack has them
- For business debtors, 14 days is standard
- Keep proof of posting
- Offer to discuss a payment plan
DocPilot templates are drafted from current legislation and official guidance (GOV.UK, legislation.gov.uk and the relevant regulators), checked against those sources and fully re-reviewed every six months. They are not legal advice. How we make our documents →
Read the guide
Related documents
Debt Demand Letter Pack£14.99 · See what's included →Payment Agreement Template£9.99 · See what's included →Small Claims Court Guide£12.99 · See what's included →
Questions
Can I charge interest on a late invoice?
For business-to-business debts, yes: statutory interest at 8% above base rate plus fixed compensation, under the Late Payment of Commercial Debts (Interest) Act 1998.
Is Stage 3 enough for an individual debtor?
For individuals you must follow the Pre-Action Protocol for Debt Claims, including the information sheet, reply form and financial statement — these are in the Debt Demand Letter Pack.
How long should I wait between stages?
The pack suggests about 7 days, 14 to 21 days and 30+ days overdue.
Is it in the Debt and Consumer Bundle?
Yes. The Late Payment Reminder Pack is one of the 10 documents in the bundle.
Late Payment Reminder Pack
£11.99 · Word + PDF · instant download
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