To make it easier for you to access and understand our payments, we will no longer be separating payments by ‘payment model’, ie by 'Notify', ‘Default’ or ‘Default Pre-Claimed’, or ‘Nominated Recipient’.
In future, we will combine these payments and issue one Payment Summary (PDF) and simplified Remittance Report (.CSV) that sets out information such as the title, the amount, tax and deductions and who the payment is for (if you are an agent).
We will continue to send you an email when you have received a payment, but we won’t be attaching the remittance and payment summary to your email. Instead, you will be able to login to the Member Portal, and see all payments made to you on a single page and download the Payment Summary and Remittance Report from here.
You will be able to generate your own reports on this page by using search, sort and filters. The total amount of tax and deductions will be clearly displayed and match your sort and filter criteria.
So, you won’t use a ‘payment model’ anymore?
No. We still use different ways to determine payments, in accordance with our Distribution Policy, but instead of introducing new terms, we’ve simplified the remittance advice report and referring to a new ‘Shares Advised’ column which determines if a member needs to share or on-pay others, or if they can keep the payment.
If a ‘Yes’ appears under your ‘Shares Advised’ column, it means we have registered shares and the amount we are paying you is yours to keep. We hope this will help clarify your payment obligations.
What will the new simplified remittance look like?
We understand some changes may have some operational impact to some publishers who have invested in accounting or finance systems to split payments according to values in this spreadsheet.
A sample of the new simplified Remittance Report can be downloaded here.
Understanding the new simplified remittance
What does ‘Payment for’ column mean?
This column shows who the payment is for. This column is for members who are authorised to receive payments to pass on to others, such as agents, art centres and copyright management organisations.
What does ‘Shares Advised’ column mean?
This column indicates if we have received payment share information for books. If the value is ‘Yes’ it means the amount is your share to keep and you have no on-payment obligations. If the value is ‘No’ it means that way is eligible for payment shares but none have been provided and publishers may need to share that payment with other entitled shareholders. As payment shares only apply to books, so you will see a ‘N/A’ for other work types.
What does ‘Licence Sector’ and its values mean?
This column indicates which sector your payment originated from if it came from a single source like ‘Schools’, ‘Government’ or ‘Universities’, and other Licence Schemes you may have opted into, like ‘Commercial’, ‘Pay-per-use’ and ‘International’. Some distributions are of fees from multiple sources, in which case this column will show ‘Multi-source’.