As of 10th July 2018, our standard fee (excluding VAT) changed from 25% to 20%. Any fee agreements signed prior to 10th July 2018 remain at 25% and successful claims will be invoiced accordingly.
Example 1 – Compensation paid to you
Total Compensation awarded – £1,000
Our Fee @ 20% + VAT, that you pay – £200 plus VAT (£40) = £240
You are left with – £760
Example 2 – Compensation is partly used to off-set against your outstanding debt
Total Compensation awarded – £3,000
Outstanding debt balance amount – £1,000
Amount off-set against outstanding debt balance – £1,000
Leaving you with compensation of – £2,000
Our Fee @ 20% + VAT, that you pay – £600 plus VAT (£120) = £720
You are left with – £1,280
Example 3 – Compensation completely used to off-set against your outstanding debt balance
Total Compensation awarded – £10,000
Outstanding debt balance amount – £10,000
Amount off-set against outstanding debt balance – £10,000
Our Fee @ 20% + VAT, that you pay – £2,000 plus VAT (£400) = £2,400
You are left with – £0
©2022 Richardson Mail Limited.
Richardson Mail Limited is authorised and regulated by the Financial Conduct Authority.
Registered office Richardson Mail, Riverside, New Bailey Street, Manchester, M3 5FS.
Richardson Mail Limited is registered in England and Wales registration number 07384980.
Data Protection Registration and ICO Number Z3263339.
VAT Registration Number 115 0819 41.
©2019 Richardson Mail Limited.
Richardson Mail Limited is authorised and regulated by the Financial Conduct Authority.
Registered office Richardson Mail, Riverside, New Bailey Street, Manchester, M3 5FS.
Richardson Mail Limited is registered in England and Wales registration number 07384980.
Data Protection Registration and ICO Number Z3263339.
VAT Registration Number 115 0819 41.