T&C’s

ANYONE WHO ORDERS OUR SERVICES AND/OR ACCEPTS OUR QUOTE, AGREES TO OUR TERMS AND CONDITIONS SET UP BELOW

1. OVERDUE INVOICES
A) The right to charge interest
-Every business has a statutory right to charge interest on late payments
-The contractual agreement on payment terms is stated on each invoice
-Interest start being chargeable from the end of the agreed payment period.

B) The rate of interest
-The law gives the right to charge interest at the Bank of England base rate plus 8%

C) Late Admin charges
-GFL claim:
£40 for debts of less than £249, £70 for debts between £250 and £499, £100 for debts between £500-£999, £150 for debts between £1,000-£2,999, £250 for debts between £3,000-£10,000 and £300 for debts £10,001 or more.
-Late Admin charges start being chargeable from the end of the agreed payment period when interest charge is added on the the bill.

D) GFL reserves the right to make a court claim to recover the money
Court fees which will be added on top of final bill:

Claim amount Paper form – fee
Up to £300 – £35
£300.01 to £500 – £50
£500.01 to £1,000 – £70
£1,000.01 to £1,500 – £80
£1,500.01 to £3,000 – £115
£3,000.01 to £5,000 – £205
£5,000.01 to £10,000 – £455
£10,000.01 to £100,000 – 5% of the claim
£100,000.01 to £200,000 – 5% of the claim