Late Payment Penalties | AccountingWEB

Late Payment Penalties

So we now have our first batch of "Late Payment Penalties", a new slant and label on Surcharges.  Two things strike me instantly.  One that they round the penalty off to the nearest £ which seems pointless in a computer-driven system, but more significantly, where there was a de minimis limit of £50 for surcharges issued in the past this no longer seems to apply.  My lowest in the first batch is £41 - does anyone know of a figure here or does anyone have a lower figure than that?

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not a clue

Chris Wise |

Lowest I have is £36

Jimess |