A UTR number (Unique Taxpayer Reference) is a ten digit number issued directly by HM Revenue & Customs, and is used to identify individual Tax payers within their system. UTR numbers are issued to individuals, companies, partnerships, trusts and other types of organisations.
You will be sent a UTR number when you:
- Register for self-assessment
- Set up a limited company
HMRC issues a UTR number when you register for a Self-Assessment tax return.
Be sure to register with HMRC before 20th December, as it can take up to six weeks to receive your UTR.
When a taxpayer attempts to file a Self-Assessment tax return without a valid UTR number, HMRC will reject the tax return and the taxpayer could be penalised and face late filing fines of up to £1,600.
To register as self-employed and to get your UTR number, you will need to have all the following information to hand:
- Your name
- Your address
- Your National Insurance number
- Your date of birth
- A contact telephone number
- A contact email address
- The date your started as self-employed
- The type/nature of your business
- Your business address
- Your business telephone number
The UTR can take a while to come through so make sure you leave enough time to apply a couple of months in advance so you can meet the filing deadline of 31st January.
You will need to pass a series of security checks to allow HMRC to confirm your identity. Once this has been done you will receive your UTR number by post.
Contact us today for further advice and assistance.