For direct engagements REMIT will sit between the public sector body and the contractors PSC. This allows REMIT to remove all the risks and liabilities proposed by the changes from the engager.
By removing the risks from the third parties REMIT will be able to take make expert decisions based on the facts of each assignment and ensure compliance to the new rules.
The finer points are yet to be decided as this can only happen once the legislation is released on 5th December although workers, recruiters and engagers operating in the sector can be confident that Professional Passport will be in a position to help and support all those affected.
To ensure you receive updates on this new service please ensure you have registered to receive our Newsletters and these will keep you fully informed.
Using REMIT will be a simple 5 step process for engagers operating within the public sector and affected by the new rules.
1. The public sector body will engage REMIT to act. REMIT will receive and process all payments to the workers PSC's. This is the critical step as it removes all the risks of liabilities from the engager and passes the responsibility to REMIT.
2. The engager will submit electronically all the payments to be made using a standard template.
3. REMIT will assess the status of each assignment and confirm this to the contractor.
4. When cleared funds are received REMIT will process the payments in line with the assignment status and legislative requirements.
5. Where providers and/or contractors are registered directly with REMIT then they will cover the small transaction charges that apply effectively making it free in those instances for recruiters. Where there is no registration a small transaction fee will be advised and added to the expected remittance.
Final details will be confirmed once we have reviewed and assessed the legislation which is due to be released on 5th December.