FastTrack360 Version 12 Online Help
FPS - Removal of BACS Hash
Description
HMRC no longer require the BACS Hash to be generated in 2024/2025 submissions. The BACS Hash and the sub-reference in BACS Output files was generated when a BACS User Number is entered in the system in the Pay Company configuration.
FastTrack will no longer generate and therefore no longer output these references from period 1 of 2024/2025 tax year. The field will still be visible in the HMRC Message Portal UI as it can still be referenced in prior submissions.
The sub-reference will also not be generated or output in the BACS payment files. The position of the sub-reference was placed into optional text fields in the output files and so will not impact the file formats.
Benefit
Meets with HMRC FPS submission requirements.
Configuration
None.
Related content
Classification-Public