A small business is owed £1,000 and wants to make a court claim. What is the court fee for this amount? What is the typical interest rate they can claim on general debts? Also, identify any specific situations where they would not be able to make this claim online.
Navigate to the GOV.UK guidance on 'Make a court claim for money'. Accept additional cookies if prompted. Click on the 'Court fees' link in the contents. Identify the court fee for a claim between £500.01 and £1,000. Click on the 'Claim the interest' link in the contents. Identify the typical interest rate for 'other types of debt'. Click on the 'Make a claim' link in the contents. Identify the conditions under which an online claim cannot be made. Synthesize the gathered information to answer the questions.
State the court fee for a £1,000 claim as £70. State the typical interest rate for non-commercial debts as 8%. List the two specific conditions under which an online claim cannot be made: (1) if the claimant does not know how much money they want to claim, and (2) if the claim is for more than £25,000 and the claimant wants to get help to pay the court fee.