Late Payment & Credit Control

Late payment is one of the biggest threats to small business cash flow. Learn how to set payment terms, invoice clearly, chase debts professionally, and use your legal rights under the Late Payment of Commercial Debts (Interest) Act 1998, including statutory interest of 8% plus base rate and fixed compensation. Covers business-to-business debts across the UK and the reforms going through Parliament.

Tutwoo is an independent learning provider. This course gives general information about late payment and credit control for UK businesses, checked against GOV.UK and published legal commentary in October 2026. It is not legal advice.