Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If my client has a debt under a payment arrangement, will the debt incur general interest charge (GIC)?

Arrangement charge client debt GIC incur payment
0
Posted

If my client has a debt under a payment arrangement, will the debt incur general interest charge (GIC)?

0 CommentsAdd a Comment

1 Answer

0

If we give your client extra time to pay their debt, they are still required by law to pay the GIC that applies to the debt.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.