They may ask for some information including personal details and your National Insurance number. They may end up directing you towards applying for your UTR number online. Whilst this used to be the preferred option, people are gradually beginning to move towards online methods instead.
Writing a letter can involve a lot of back and forth as well as mounting postage fees as you trade information with HMRC, and the process can often take several weeks.
A UTR unique taxpayer reference number is a digit number completely unique to each and every UK taxpayer. Whether the taxpayer is to register for self-employment or is an individual or part of a partnership or company, a UTR number is needed to file a Self Assessment tax return online or via post. The most important reason why you need a UTR number is for completing self-assessment tax returns — but there are other reasons too. Furthermore, if you are self-employed and have not notified HMRC — and have therefore not received a UTR number — this too can be dangerous.
If HMRC finds out, you may have to pay a hefty fine and potentially face criminal prosecution. You will automatically be registered for a UTR number when you first register for self-assessment tax returns on HMRC or launch a limited company. You should notify HMRC online as soon as possible after becoming self-employed.
Alternatively, you can fill in the form, print it and then post it to HMRC. This can take up to ten days to get to you. Upon receiving your code, you need to register your online tax account using your activation code. You have a maximum of 28 days to this before your activation code expires. There are certain pieces of information you must know in order to register for a UTR number. This includes:. This is so that HMRC can identify which companies owe what in terms of tax.
Like a personal UTR, a company UTR is 10 digits long and will be issued to you when you register your limited company. Be sure to keep this number on file, as you will need it for a variety of tax purposes in the future, including business taxes, tax returns, and corporation tax. Do I have to pay to apply for a UTR number?
Where can I find my UTR number? How do UTR numbers for business partnerships work? What are UTR numbers used for? When will I need my UTR number? How can I reactivate my UTR number?
If you stop submitting a self-assessment tax return, your UTR number will become dormant. When you start submitting tax returns again, it will automatically be reactivated. What happens if I use the wrong UTR number? Work out your tax bill. National Insurance calculator Income tax calculator Council tax calculator. All 7 calculators. Do your tax return online with Which?
Use our jargon-free calculator to complete and securely submit your tax return direct to HMRC. Continue reading. Tax returns important deadlines. Paper tax returns. Late tax returns and penalties for mistakes. How to fill in a self-assessment tax return. All 7 articles in guide. Latest tax news. HMRC use these numbers to identify companies for all tax-related purposes. Anyone who is self-employed or receives income from other sources like a rental property will need to register for self-assessment and be issued a UTR number.
This includes:. This letter will contain your number and guidance on your tax responsibilities. Companies House will inform HMRC that your business has been incorporated and, within 14 days, send you a letter containing your company UTR to your registered office address. The best place to look first is through any office HMRC correspondence like tax and payment reminders. You might also have your letter of confirmation among your paperwork that will have your UTR on it.
The online portal is where you file your tax returns and is an excellent place to find your UTR number. Just look under your account summary in the self-assessment section. Your company number is usually your Company Registration Number issued when you register with Companies House and is used to identify your business. These numbers typically contain eight numbers or two letters, followed by six digits.
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