Under Irish law (European Communities (Late Payment in Commercial Transactions) Regulations 2012), the default is 30 days from invoice receipt. Parties can agree up to 60 days in writing.
EU Late Payment ActIrish Business LawLast reviewed:
Invoice Due Date Calculator Ireland 2026
Calculate invoice payment due dates and overdue interest under Irish law. Covers 30-day, 60-day, and custom payment terms with EU Late Payment Directive rights.
✓ Default: 30 days for B2B, 30 days for public sector✓ Maximum 60 days unless agreed otherwise in writing✓ Overdue interest at 8% above ECB reference rate
✅ EU Late Payment Act📅 Irish law
Default B2B terms30 days from invoice date
Max terms60 days (unless exceptional)
Overdue interest8% above ECB reference rate
Fixed compensation€40 per overdue invoice
Start Calculator →Default terms
30 calendar days from invoice receipt
Late interest
ECB reference rate + 8% per annum
Compensation
Fixed €40 charge per overdue invoice
Longer terms
Over 60 days must be agreed in writing and not grossly unfair
Calculate Due Date
Your Results
Payment Due Date—
Days Until Due—
Daily Late Interest (€)—
Fixed Compensation—
Confidence Score
Frequently Asked Questions
You can charge interest at the ECB reference rate plus 8 percentage points per annum. You are also entitled to a fixed compensation of €40 per overdue invoice.
Yes, but terms beyond 60 days must be expressly agreed in writing and must not be grossly unfair to the creditor. Public sector bodies are limited to 30 days.
No. Statutory late payment interest is a legal right that applies automatically — you do not need a contract clause.
The European Central Bank (ECB) reference rate is set twice yearly. In 2026, it is approximately 2.65%, making the total late payment rate approximately 10.65% per annum.
Official Sources
This calculator is based on legislation and guidance from the following official sources:
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