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I think I would send a letter to all families stating from x date late fees of x per day will apply from 2nd of the month
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Just do up a new late fee policy with a letter to parents saying from 1st Aug late fee of £X per day will be added to all bills whig do not reach my account by X date
Tess1981
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My contracts do state that I will charge 10% per day of outstanding monies but I didn't used to charge it however after repeatedly being paid late a couple of years ago I wrote to all parents saying that as of the 1st of the month I would be adhering to my contracts and charging it. I then had to charge 2 parents, 1 parent ended up owing me over £70 in late fees. The other parent phoned me to question it and then tried to use the excuse that they were on holiday when payment was due. I told her in no uncertain terms that that was not my problem and I bet the bank wouldn't accept them paying their mortgage late due to being on holiday. I have not been paid late again but if I am I will not hesitate to charge it.
Write to your parents with a new late fees policy and then implement it.
xxxx
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