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Late Fee Calculator

Calculate your legal entitlement under EU Directive 2011/7/EU

📋 Invoice Details

💰 Your Legal Entitlement

Original Invoice
Days Overdue
Statutory Interest (12.5% p.a.)
Fixed Compensation (EU Law)
Total Amount Due

Based on EU Directive 2011/7/EU. Statutory interest = ECB reference rate + 8 percentage points (currently ~12.5%). Fixed compensation = €40 per late commercial invoice.

📚 Quick Facts

€40 fixed fee per late invoice (EU Directive 2011/7/EU)

~12.5% annual interest on overdue amounts (ECB rate + 8%)

30-day max payment terms for commercial transactions in EU

• Most freelancers never claim these entitlements — leaving thousands uncollected

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Backend Configuration

Current endpoint: localStorage only (no backend)