Calculate EU late-payment interest in seconds
LateCalc blends statutory rates, the mandatory €40 B2B fee, and day-accurate interest so you can show clients exactly what’s owed—no spreadsheets required.
Choose the debtor country, amount, and due/payment dates to see interest, days late, and the fixed fee.
Download a CSV summary, print a PDF for records, or share a link that recreates the calculation instantly.
Browse current headline rates or open a country page for multi-year half-year histories.
FAQ
EU law allows creditors to charge statutory interest on overdue invoices. Member states set their own rates, typically the ECB rate plus a fixed margin, and publish them at least twice per year.
Under Directive 2011/7/EU, in B2B transactions a creditor is entitled to a fixed €40 compensation when the debtor is late. Some public-sector or sector-specific rules may differ by country.
We use the payment date to determine the applicable half-year (H1: Jan–Jun, H2: Jul–Dec). If payment has not occurred, we use today’s date.
No. LateCalc provides estimates only. Always verify country-specific rules or consult a professional. Start with the official the EU’s "Your Europe" portal for country-level nuances.
Note: Rules can vary by sector (e.g., public procurement). Always double-check official guidance.
Current statutory rates
Quick view of the newest statutory rate and the previous period. Visit a country page for the full history.
| Country | 2025 Jul–Dec | 2025 Jan–Jun |
|---|---|---|
| Albania | 10.75% | 11.25% |
| Andorra | 10.15% | 11.15% |
| Austria | 10.73% | 11.73% |
| Belgium | 10.50% | 11.50% |
| Bosnia and Herzegovina | 10.25% | 10.50% |
Periods: Jan–Jun (H1) and Jul–Dec (H2). National/sector rules may apply.