Deemed interest payments

Financial year % of invoices paid within 30 days Liable interest due Actual interest paid
2016/17 96.92% £64,417.36 *
2017/18 97.54% £31,341.39 *
2018/19 96.22% £137,528.85 *
2019/20 94.59% £44,920.69 *
2020/21 97.90% £280,250.93 *
2021/22 96.59% £119,535.04 *
2022/23 95.36% £351,867.40 *
2023/24 98.82% £ 1,238,492.36 *

* Our current Financial Management System does not report this information.