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Vinkius

UK Statutory Interest Calculator Connector for AI agents.

3 live capabilities

Get accurate late payment claims for UK commercial debts.

Live agent request UK Statutory Interest Calculator / Connector

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AI Agent

Why people use UK Statutory Interest Calculator

UK Statutory Interest Calculator: Stop Losing Money on Late Commercial Payments

This Connector handles the entire logic for you. Just tell your agent the debt amount and the date it was due. It pulls the right numbers and gives you the total claim value instantly. You go from manual research to a finished claim summary in one step.

  • Claude
  • ChatGPT
  • Gemini
  • Cursor
  • Visual Studio Code
  • Windsurf

What Vinkius changes

You get a legally accurate debt summary in seconds.

Use it from Claude, ChatGPT, Cursor or another AI client you already have.

One account · 5,900+ Connectors

  1. Real-world use case 01

    Unpaid Invoice

    A client owes £2,000 but hasn't paid in 3 months.

  2. Real-world use case 02

    Large Corporate Debt

    A company owes £50,000.

  3. Real-world use case 03

    Small Business Recovery

    A local shop wants to know the interest on a £500 late payment.

Complete set · 3capabilities

The complete UK Statutory Interest Calculator capability set.

These are the exact actions your AI can choose when you ask it to work with UK Statutory Interest Calculator.

Capability set01 / 01

01—03

3 capabilities in this set.

Part of 3 available through UK Statutory Interest Calculator.

  1. 01 Capability

    Accrued interest

    This capability calculates the statutory interest based on the Bank of England base rate plus 8 percent. It tells you exactly how much interest has piled up.

  2. 02 Capability

    Compensation fee

    This capability calculates the fixed fee required by the Late Payment of Commercial Debts Act 1998. It looks at the debt size to give you the right amount.

  3. 03 Capability

    Total claim summary

    Use this to get a full breakdown of the entire claim. It combines the principal, interest, and fees into one final number.

Set up in minutes

One URL. Then ask UK Statutory Interest Calculator to work.

Claude and ChatGPT only need the Connector URL. Copy it once, add it in settings, and use UK Statutory Interest Calculator from the conversation.

Choose your client

Live preview
Advanced clients IDE · CLI

Claude · Web + desktop

Official guide ↗

Connector URL · ready to paste

Streamable HTTP
https://edge.vinkius.com/vk_preview_RzW0AQi2Ls0yIsGOmSxib5j6o39iKqT6fYiocgJw/mcp
  1. Step 01

    Open Connectors

    In Claude Web or Claude Desktop, open Settings and choose Connectors.

  2. Step 02

    Add the URL

    Choose Add custom connector, name it UK Statutory Interest Calculator, and paste the URL above.

  3. Step 03

    Turn it on in chat

    Select +, open Connectors, and enable UK Statutory Interest Calculator for the conversation.

Where the request belongs

Work UK Statutory Interest Calculator can move forward.

Built around the request

This is for the accounts receivable person who's tired of manual math or the small business owner who's tired of getting ghosted by clients.

01

Accounts Receivable Specialist

Use it to generate precise demand letters for late commercial invoices on a Tuesday afternoon.

02

Small Business Owner

Use it to ensure you're not leaving money on the table when a contractor pays late.

03

Debt Recovery Agent

Use it to quickly verify claim amounts before reaching out to a debtor.

Bring your own AI

Change the model, client or framework. Keep UK Statutory Interest Calculator connected.

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Before you connect

Questions about UK Statutory Interest Calculator.

The practical details behind the request, access and result.

What does the UK Statutory Interest Calculator do?

It calculates the interest and fees you can charge a UK client for late commercial payments. It follows the Late Payment of Commercial Debts Act 1998 to ensure your claims are accurate.

Is this for consumer debts or commercial debts?

This is specifically for commercial debts. It applies to businesses paying other businesses. Consumer debt rules are different and are not covered by this Connector.

How does it calculate the interest?

It takes the current Bank of England base rate and adds 8 percent. This is the standard statutory rate for late commercial payments in the UK.

Does it include the fixed compensation fee?

Yes, it calculates the fixed fee based on the size of the debt. This is a required payment for late commercial invoices in the UK.

Can I use this for non-UK businesses?

No, this capability is specifically for UK law. If you are dealing with debts in the US, EU, or elsewhere, you would need a capability that follows those specific local regulations.

How do I get the total amount owed?

Just ask your agent for a summary of the claim. It will combine the original debt, the interest, and the compensation fee into one final total for you.

Is the math always up to date?

Yes, the Connector uses the current Bank of England base rate, so your calculations stay accurate without you having to check for updates manually.

How is the interest rate calculated?

The rate is determined by taking the Bank of England base rate applicable during each period and adding a fixed margin of 8%.

What is the compensation fee?

The fixed compensation amount depends on the debt size: £40 for debts up to £1,000, £70 for debts up to £10,000, and £100 for anything above.

Which capability should I use for a full breakdown?

You should use the total_claim_summary capability to get the interest, compensation, and total claim value in one response.

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