Terms and Conditions
getanonlineshop.co.uk invoice all work monthly. Payment terms are nett 28 days from receipt of invoice. Under Act of Parliament, the Late Payment of Commercial Debts (Interest) Act 1998, which protects small businesses from commercial debt.
getanonlineshop.co.uk implement the following schedule via this act:
1/ Accounts unpaid after 28 days:
Interest will be incurred on any unpaid amount at the rate of 8% above Bank of England rate (set at 8.5% to 30 June 2011). Interest is applied until full settlement.
2/ Accounts unpaid after 40 days:
In addition to interest payments in 1/ above, debt recovery costs will be charged at the rates below. (This charge can be applied under the law at 28 days but getanonlineshop.co.uk will waive until 40 days.)
The compensation entitlement varies in accordance with the size of the debt:
Size of unpaid debt Sum to be paid to the creditor
Up to £999.99 £40.00
£1,000.00 to £9,999.99 £70.00
£10,000.00 or more £100.00
3/ At any time after 28 days, we reserve the right to remove hosting services, effecting visibility of website and delivery of email.
For more information on the Late Payment of Commercial Debts (Interest) Act 1998, please see: