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Back Charge

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Back Charge
A fee that a company has charged but has not collected by the end of an accounting period. A company usually sends an invoice for back charges on its own or with the next bill. For example, if one's water bill is $20 per month and one did not pay in April, one will likely have a bill for $40 (plus late charges) in May.


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Customers can claim back charges if they are in financial hardship - but few have actually received refunds.
The STA focuses its activities on problems affecting subcontractors in public and private construction, including progress payments, bid-shopping, improper back charges, legislation, prevailing wage enforcement, lien laws, insurance and bonding, among other issues.
The Tories announced today that they would bring back charges, except for children, pensioners and anyone else who was exempt before Labour introduced free prescriptions for all in 2007.
 
 
 
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