What is a UTR number?
Unique Tax Reference numbers, more commonly known as UTR’s are 10-digit codes that uniquely identify you or your business. Not everyone has a UTR number, but if you are carrying out self-employed work then you will need to register for one as soon as possible. The 10-digit number will be used by HMRC when dealing with your tax, you will not be able to submit a tax-return or claim a refund without one.
UTR numbers are especially necessary for CIS (construction industry scheme) tax refund registration, without a valid UTR number, your self-assessment tax return won’t be submitted correctly and this can result in a potential fine.
Why do I need a UTR number
The only people who need UTR numbers are those who file Self-Assessment tax returns.
If you do file self-assessment tax returns, you need a UTR number so that:
1. HMRC can monitor your tax obligations
HMRC will use this reference to track your tax obligations, which could help you also get a tax refund if you’ve overpaid your tax.
2. You can file tax returns
You’ll need it for your 2019/2020 self assessment tax return if you’re self employed.
3. You can partner with accountants
Accountants like Rebate My Tax Ltd will need to know your UTR to help with your filings and financial affairs.
How do I get my UTR number?
You are automatically sent a UTR number when you register for self-assessment, you should receive the number in the post from HMRC within 3-4 weeks. If you have yet to register for self-assessment and need your UTR number to submit a return, you can use this easy form on our website to apply for one here.
In order to register for your UTR number, you’ll need to provide:
• Your full name
• Your current address
• Your National Insurance Number
• Your date of birth
• Your phone number
• Your email address
• The date that your self-employment began
• The type of business you’re starting
• The address of your business
• The phone number for your business
What happens if I cannot locate my UTR number?
If you have lost your UTR number, you do not need to panic, your UTR should be quoted on any of the following documents listed below from HMRC.
• Your SA250, or your “welcome to self-assessment” letter
• Previous self-assessment tax returns
• Reminders of payment
• Your notice to file a tax return
• Your statement of account
If you do not have any of the above letter’s then you can call HMRC directly and they will again send your UTR number via post.
Still can’t find your UTR number?
Then visit this HMRC site for more info on how to get your UTR number
The importance of registering for a UTR:
If you are working as self-employed and have not notified HMRC – and have therefore not received a UTR number – this can be dangerous. If HMRC find out, you may have to pay a hefty fine and potentially face criminal prosecution, that is why it is important to apply for a UTR number as soon as you carry out any self-employed work. It is also important as your accountant that we have your correct UTR number, as we will use your unique number to track work carried out and claim back the maximum refund for you.
If you require any more information regarding your UTR number please contact us via phone, email or whatsapp.
Need more help with a UTR number?
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