The deadline for filing is the 31st of January , assuming you do it online. Both you and your company will need one, and RIFT can help you get everything set up quickly and easily. There'll be a few security hoops to jump through to get your UTR. The taxman's a real stickler for confirming who he's talking to thankfully.
You'll only get your UTR by post, and that part of the process can take up to 7 days. Again, it's best to get yourself sorted at least several weeks before your first filing date. After signing up for HMRC's online services, you'll get an email with your login details in it. Logging in will give you a chance to check your UTR.
Since your UTR is just used to identify you, most of the information needed to get one is pretty basic and obvious. Some of the most common times you'll be needing your UTR are when you're filing a Self Assessment tax return , signing up for the Construction Industry Scheme CIS or working with someone who's managing your finances for you like an accountant. That means you'll need to register for the system and get a UTR to stay inside the law. Business partnerships also need a UTRs, both for the company itself and for each partner involved.
Without a UTR, you aren't properly signed up as self-employed. In construction, this can be a serious problem. Your UTR is the key to getting signed up properly to pay your tax — and to claim back what you're owed. By the way, don't be fooled: it's not a smart move to ignore the CIS and fail to sign up when you're supposed to.
Not registering will cost you a much larger chunk of your pay than doing it right. Depending on how much you earn, this means your tax bill could be very different from a PAYE employee. Check the table below to see how to the systems compare.
It's pretty likely you should be claiming a yearly tax rebate from HMRC. In construction, those CIS deductions your contractor takes out of your pay can leave you forking over too much tax. This can happen because they don't take your tax-free Personal Allowance into account.
If you don't have a UTR, you won't be able to claim it back. It's possible to need a UTR even when you're not self-employed. If your employer's asking for your UTR and you don't have one to show them, things ca get dicey.
If there's any confusion about your employment status, you need to get it sorted immediately, before things get nasty. Get in touch with RIFT to find out exactly where you stand. If you need to register for Self Assessment, we'll get it done with no stress or hassle.
You can use untied to pay HMRC. We make it simple, quick and easy because your UTR and payment reference will automatically be populated in the untied app.
This check will tell you if your number is in the right format. And if you like it or have any questions If you're thinking about your next job or want to check how much tax you might have to pay, why not also check out our take-home pay calculators? Sign-up below to get access to more great tools like this. If you are worried about how much tax you need to pay, when you need to pay it, or even how you can reduce your tax bill, untied is here to help you.
The simplest way to find your UTR online in your. GOV tax account. When you are inside your. They use your tax reference number as a way to identify you on their systems to access your personal information, so they will always use it as a reference on the letters they send to you. You can then request your unique taxpayer reference number over the phone.
Given the confidential nature of your UTR, HMRC will need to send it out to you by post meaning that it can take up to 7 days to arrive. For example:.
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