Monarch Private Investigations
Contact Us
www.monarch-private-investigations.com
Monarch Private Investigations, P. O. Box 308, Abergele, LL18 9GA.
Monarch Private Investigations
the Professionals
Tel /Fax: +44 01492 680559 Mob: +44 07833763885, +44 07557408421
www.monarch-private-investigations.com
10% Discount on all bookings before the 01/06/12. Book now. Quote code CC012, Expenses are not included in this offer.
With fixed or hourly rates. Please call for details
The Professionals you can Trust Confidence Guaranteed.
Worldwide Service
Our Principle Investigator is a Members of:
Training Programmes completed:
The late payment of commercial debts (interest) Act 1998
In November 1998, the UK Government introduced legislation to give businesses a statutory right to claim interest from other businesses for the late payment of commercial debt. The UK was one of the first countries in the EU to introduce late payment legislation to help promote a culture of prompt payment.
From 7 August 2002, the Late Payment of Commercial Debts (Interest) Act 1998 was amended and supplemented to incorporate the features of European Directive 2000/35/EC on combating late payment in commercial transactions.
Under the revised legislation, all business owners and managers can claim reasonable debt recovery costs and can benefit from the simplification of the calculation of Statutory Interest. Additionally small and medium sized enterprises can ask a representative body to challenge grossly unfair contract terms used by their customers which do not provide a substantial remedy for late payment of commercial debts.
As a Company we support Better Payment Practice, And we insure all invoice we receive are paid on time and in accordance with terms of business with our agents and suppliers.
We welcome agent to agent working and costing. We promise not to undertake any form of unreasonable price/cost cutting for the benefit of the profession. All our cost are laid out and confirmed prior to any contract being taken.
Private contracts are based on a deposit taken on instruction and the balance of payment on completion of the contract. Clients will be issued with copies of expenses receipts before they are invoiced. We aim to ensure that all expenses are completely transparent. Google mapping is available for any mileage expenses that are being claimed.
At Monarch Private Investigations we pride ourselves on our client care, ensuring that the client is in full control of all costs.
UK-PSA
A users guide to the late payment of commercial debts (interest) Act 1998, as amended and supplemented by the late payment of commercial debts regulations
This users guide to the Late Payment of Commercial Debts (Interest) Act 1998 is written to help you understand the legislation and how you can use it to claim interest and compensation on invoices that have not been paid with your agreed terms, or have been paid but were paid late.
It should be remembered that the late payment legislation is designed as a deterrent against late payment. It should be used as part of standard business practices and credit management techniques.
