We have a client that own us money for several months now. I'd like to charge him a late payment interest rate for that.
My question is how do I actually do that? Do I send him an invoice for the interest rate?
If so is interest rate VAT exempt or VAT that has been used on original invoice applies?
My question is how do I actually do that? Do I send him an invoice for the interest rate?
If so is interest rate VAT exempt or VAT that has been used on original invoice applies?