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Where our figures come from

Every rate, threshold and court fee quoted on this site, with the primary source and the date we last checked it.

Debt recovery advice is worth exactly as much as the figures it rests on, and figures move. Everything numeric on this site is listed below with its source. We last checked all of it on 30 August 2026.

The figures, as at 30 August 2026
Bank of England base rate3.75%
Statutory interest margin over base rate8.0%
Statutory interest, 1 July to 31 December 202611.75%
Fixed compensation, debt under £1,000£40
Fixed compensation, £1,000 to £9,999.99£70
Fixed compensation, £10,000 or more£100
Default payment terms where none agreed30 days
Maximum B2B payment terms before challenge60 days
Limitation period, simple contract debt6 years
Statutory demand threshold, companyover £750
Statutory demand threshold, individual£5,000
Minimum judgment for High Court enforcement£600
Winding-up petition court fee£352
Official Receiver's deposit on a petition£2,600
VAT bad debt relief, from due date6 months

Court fees are the scale in force from 13 July 2026.

Sources

If you spot something out of date, tell us and we will fix it — hello@businessdebtrecovery.co.uk. A wrong rate on a debt recovery site is not a typo, it is a bad calculation somebody may act on.

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