Reclaim P&J Commission for Clients who are VAT Registered
N B: The debtor must have been made aware that collection charges would be added before the goods or services were provided.
25% Commission Rate (debts under £174.99)
Increase the original debt by 33.5%. See examples below:
| Original Debt | Amount To Claim to recover Comm | P&J Commission on increased amount | Net amount recovered |
|---|---|---|---|
| £40.00 | £53.40 | £13.35 | £40.05 |
| £90.00 | £120.15 | £30.03 | £90.12 |
| £120.00 | £160.20 | £40.05 | £120.15 |
20% Commission Rate (debts £175.00 -£999.99)
Increase the original debt by 25.0% See examples below:
| Original Debt | Amount To Claim to recover Comm | P&J Commission on increased amount | Net amount recovered |
|---|---|---|---|
| £200.00 | £250.00 | £50.00 | £200.00 |
| £320.00 | £400.00 | £80.00 | £320.00 |
| £485.00 | £606.25 | £121.25 | £485.00 |
15% Commission Rate (debts over £1000)
Increase the Original Debt by 17.7 %. See examples below
| Original Debt | Amount To Claim to recover Comm | P&J Commission on increased amount | Net amount recovered |
|---|---|---|---|
| £1210.00 | £1424.17 | £213.62 | £1210.55 |
| £1330.00 | £1565.41 | £234.81 | £1330.60 |
| £1520.00 | £1789.04 | £268.36 | £1520.68 |
