HMRC has advised that as CDS has now replaced CHIEF, Flexible Accounting Software (FAS) accounts will not be in use or accessible after 23 October 2024.
If you have a FAS account and believe that there is an outstanding balance, you can request a repayment of the funds in your FAS account.
Requests for repayments must be made by 23 October 2024.
After this date you:
- will not be able to access your FAS account or accounts
- cannot reclaim your funds
All unclaimed balances will be retained by HMRC.
To request a repayment for the funds in your FAS account or accounts, you must complete form FAS 1 and send this to HMRC.
To access the form and further guidance, the links can be found within the HMRC document found here.
You must do this by 23 October 2024. Once HMRC receive the form it can take up to 20 working days to process the refund.
MCP plc - 5 September 2024
Posted on Friday 6th September 2024