Undistributed Amounts
Undistributed funds are performer payments that, despite our best efforts, we have not been able to pass onto rights-holders mainly due to missing contact and payment details. Rules governing the way in which we administer undistributed funds were agreed by members at the 2005 AGM, with an updated policy being passed and adopted by members at the 2016 AGM.
A notice explaining how the new policy and rules work and what the company does with undistributed monies can be viewed by following this link: Policy on Undistributed Amounts
It should be noted that the rules described in the notice only apply to non-distributable sources of performers’ rights remuneration collected by BECS from other collective management organisations. They do not apply to revenue that we administer on behalf of any other organisation.
We’re aware that some members are updating their bank accounts to make reporting easier under Making Tax Digital for Income Tax. If you’re changing yours, please remember to let us know at info@becs.org.uk so we can ensure your next payment reaches you promptly
A free generative-AI webinar on the Truth behind the Tech for all creators & performers & those in the creative industries who want to understand what g-AI is
Please share @JeanRogersActs @JoCameronBrown @TVSanjeev @dudgeon_neil @MMargolyes @RyanJPEarly @DannyJohnJules
