In addition to interest the supplier may also charge an amount to compensate for the costs of collecting late payments. The amount of compensation that can be claimed is determined by the amount outstanding as follows:
| Amount Owed | Compensation |
|---|---|
| up to 999.99 pounds | 40 pounds |
| 1000 to 9999.99 pounds | 70 pounds |
| 10000 pounds and over | 100 pounds |