Common late-fee structures
- Flat fee ($25–$50) per overdue invoice
- Monthly percentage (1.0%–1.5%)
- Statutory rate (UK Late Payment Act, EU 2011/7/EU)
Use our late fee calculator for jurisdiction-aware limits.
COMPLIANCE
Late Fee
DEFINITION
A late fee is an additional charge applied to an invoice when the buyer fails to pay by the due date. It can be a flat amount, a percentage of the balance, or a daily/monthly interest rate, and must be disclosed in the contract or on the invoice itself to be enforceable.
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