Reclaim P&J Commission & VAT for Clients who are Not 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% Standard Commission Rate/20% VAT Rate (debts under £174.99)
Increase the original debt by 42.9%. See examples below:
Original Debt | Amount To Claim to recover Comm & VAT | P&J Commission on increased amount | VAT On increased Amount | Net amount recovered |
---|---|---|---|---|
£40.00 | £57.16 | £14.29 | £2.86 | £40.01 |
£90.00 | £128.61 | £32.15 | £6.43 | £90.03 |
£120.00 | £171.48 | £42.87 | £8.57 | £120.04 |
20% Standard Commission Rate/20% VAT Rate (debts £175.00-£999.99)
Increase the original debt by 31.6% See examples below:
Original Debt | Amount To Claim to recover Comm & VAT | P&J Commission on increased amount | VAT On increased Amount | Net amount recovered |
---|---|---|---|---|
£200.00 | £263.20 | £52.64 | £10.53 | £200.03 |
£320.00 | £421.12 | £84.22 | £16.84 | £320.06 |
£485.00 | £638.26 | £127.65 | £25.53 | £485.08 |
15% Standard Commission Rate/20% VAT Rate (debts over £1000)
Increase the Original Debt by 22.0 %. See examples below
Original Debt | Amount To Claim to recover Comm & VAT | P&J Commission on increased amount | VAT On increased Amount | Net amount recovered |
---|---|---|---|---|
£1210.00 | £1476.20 | £221.43 | £44.28 | £1210.49 |
£1330.00 | £1622.60 | £243.39 | £48.68 | £1330.03 |
£1520.00 | £1854.40 | £278.16 | £55.63 | £1520.61 |