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UK Statutory Interest Calculator

UK Statutory Interest Calculator MCP for AI. Get precise UK debt recovery figures instantly

Claude Claude
ChatGPT ChatGPT
Cursor Cursor
Gemini Gemini
Windsurf Windsurf
VS Code VS Code
JetBrains JetBrains
Vercel Vercel
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Connect to your AI in seconds.

UK Statutory Interest Calculator MCP calculates statutory interest and fixed compensation fees for late commercial payments in the UK. It automates the math required by the Late Payment of Commercial Debts Act 1998, giving you precise figures for debt recovery without manual spreadsheet work.

What your AI can do

Compensation fee

The compensation_fee tool calculates the fixed compensation fee.

Total claim summary

The total_claim_summary tool calculates a full summary of the claim.

Accrued interest

The accrued_interest tool calculates statutory interest accrued on a debt.

Calculate interest on overdue debts

The MCP determines the statutory interest owed based on the Bank of England base rate plus 8%.

Identify fixed compensation fees

It identifies the correct compensation fee based on the size of the outstanding debt.

Generate full claim summaries

It produces a complete breakdown of interest, fees, and the total claim value.

Automate UK debt math

It applies the specific rules of the Late Payment of Commercial Debts Act 1998 automatically.

Verify debt recovery totals

It provides a single total value for the entire claim to simplify your final demand.

Included with Plan

Waiting for input…

AI Agent

UK Statutory Interest Calculator (3 tools)

Calculate interest, find compensation fees, and generate full claim summaries for UK commercial debts.

Make your AI actually useful.

Add this MCP to Claude, Cursor, or Windsurf and your AI stops guessing. It gets real tools to look things up, take action, and handle the stuff you keep doing by hand.

Start using UK Statutory Interest Calculator on Vinkius

Compensation Fee

The compensation_fee tool calculates the fixed compensation fee.

Total Claim Summary

The total_claim_summary tool calculates a full summary of the claim.

Accrued Interest

The accrued_interest tool calculates statutory interest accrued on a debt.

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Claude AI

Claude AI

1

Open Claude Settings

Go to claude.ai, click your profile icon, then navigate to Customize → Connectors.

2

Add Custom Connector

Click the "+" button and select Add custom connector. Paste your Vinkius endpoint URL:

https://edge.vinkius.com/[YOUR_TOKEN_HERE]/mcp

Replace [YOUR_TOKEN_HERE] with your token from cloud.vinkius.com. For OAuth-protected servers, expand Advanced settings to add credentials.

3

Start a conversation

Open a new chat. The UK Statutory Interest Calculator integration is available immediately — no restart needed.

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UK Statutory Interest Calculator MCP server cover

Independent Platform Disclaimer: Vinkius is an independent platform and is not affiliated with, endorsed by, sponsored by, verified by, or otherwise authorized by UK Statutory Interest Calculator. All third-party trademarks, logos, and brand names are the property of their respective owners. Their use on this website is strictly for informational purposes to identify service compatibility and interoperability.

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Works with Claude, ChatGPT, Cursor, and more

The Model Context Protocol standardizes how applications expose capabilities to LLMs. Instead of operating in isolation, your AI gains direct access to external platforms, live data, and real-world actions through secure, standardized connections.

This connection provides 3 powerful capabilities that interface natively with Claude, ChatGPT, Cursor, and other compatible AI platforms. No middleware. No custom integration required.

The headache of manual debt recovery.

You're sitting with a pile of late invoices. To figure out what to charge, you have to open a browser to check the current Bank of England base rate. Then you have to do the math to add the 8% markup. After that, you have to hunt down the specific compensation brackets for different debt sizes. You're copy-pasting numbers into a spreadsheet and hoping you didn't miss a decimal point.

This MCP changes that. You just tell your agent the debt amount and the date it was due. It does the math, checks the rates, and gives you the final number. You get a clear answer in seconds instead of a spreadsheet full of potential errors.

Get accurate UK debt claims with UK Statutory Interest Calculator

No more manual lookups for base rates. No more hunting for compensation brackets. No more manual interest formulas.

You get precise, legally-grounded figures for every late payment. It turns a tedious research task into a single command.

What your AI can actually do with this

The UK Statutory Interest Calculator MCP handles the math for late commercial payments in the UK. When a client owes you money and they're late, you need to know exactly what they owe you beyond the original invoice. Dealing with the UK's Late Payment of Commercial Debts Act 1998 usually means digging through spreadsheets to figure out the current Bank of England base rate, adding the 8% markup, and then checking the specific compensation brackets for different debt sizes.

It's a headache that's easy to mess up, especially when you're dealing with dozens of different accounts. This MCP takes that math off your plate. You just tell your agent how much is owed and when it was due, and it handles the heavy lifting. It's built for people who need to get paid without the manual calculation errors that come from copy-pasting numbers between tabs.

Because it's part of the Vinkius catalog, you can pull this into your existing workflow without setting up complex new infrastructure or writing custom scripts. It turns a multi-step math problem into a one-sentence request. Instead of spending ten minutes per invoice verifying rates and doing arithmetic, you get a precise answer in a few seconds.

You get your money back faster and with more confidence that the numbers you're asking for are actually correct under UK law.

Built · Hosted · Managed by Vinkius UK Statutory Interest Calculator - Calculate late payment fees
Server ID 019ee5c3-1753-717c-a574-6c83faa08d14
Vinkius Inspector
Compliance Grade A+
Score 100/100
Vinkius Inspector Badge — Score 100/100

Questions you might have

What does the UK Statutory Interest Calculator MCP do? +

It calculates interest and fixed fees for late UK commercial debts.

How does it calculate interest? +

It uses the Bank of England base rate plus 8%.

Does it handle international debts? +

No, it's specifically for UK statutory interest.

What is a compensation fee? +

It's a fixed amount for late payments based on the debt size.

Can it give me a full summary? +

Yes, it provides a breakdown of interest, fees, and the total claim.

Is the UK Statutory Interest Calculator compatible with Cursor? +

Yes, it works with Cursor and other MCP-compatible clients. You just need to link it through Vinkius so your agent can access the tools.

Does the UK Statutory Interest Calculator save my debt details? +

No, it doesn't save your data. It's a calculation tool that processes the numbers you put in the prompt and returns the result without keeping any records.

How does the `total_claim_summary` tool work? +

It combines interest and compensation into one breakdown. Your agent uses it to give you a single total for the entire claim based on the debt size and age.

Built & Managed by Vinkius 30s setup 3 tools

We've already built the connector for UK Statutory Interest Calculator. Just plug in your AI agents and start using Vinkius.

No hosting. No infrastructure. No complex setup.
All 3 tools are live and waiting. You're up and running in seconds.

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