RTI FPS: Bacs hash not required from 2023/24
13 February 2023
HM Revenue and Customs (HMRC) have confirmed employers / agents are no longer required to supply an entry in the Bacs hash code field (data item 118) for 2023/24 onwards.
A Bacs hash code appears on the full payment submission (FPS) and is randomly generated by the payroll software when a payroll is run. The code changes for every pay period and must be used for employees paid via Bacs (in part or full). This enables HMRC to align payroll reporting with payments to employees and ensures the payments sent on the FPS match what the employee was actually paid.
HMRC has also advised that this decision was made too late to remove it from the 2023/24 RTI FPS schema (shown in table below). Therefore, any supplied values will not be processed.
| Data item | Description | Comments | FPS | EPS | Inclusion on a submission-by-submission basis |
| 118 | Bacs hash code | Not needed on 2023/24 submissions | Y | - | - |
The data items guide on GOV.UK will be updated in due course.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.