Schedule 6 compensation
What is Schedule 6 compensation?
Schedule 6 fixed compensation is a banded amount that may be added to qualifying UK business-to-business late commercial payments alongside statutory interest.
Where SHVL shows it.
SHVL includes the fixed compensation band in the Excel calculation log and relevant draft letters so the reviewer can check it before deciding what to send.
This page is for UK B2B drafting support only and is not legal advice.