Does a company need a UTR number?
These UTRs are used to identify companies for all tax-related purposes.
You should keep a note of the Unique Taxpayer Reference because you will need it when you register for business taxes, file tax returns, and pay Corporation Tax..
Can I get my UTR number over the phone?
You can also call HMRC on 0300 200 3310 to ask about your UTR number. They may ask for some information (including personal details and your National Insurance number).
How can I check my UTR number status?
There are two ways you can check the status of a transaction with UTR:Visit your internet banking account or the mobile app of your bank. In the past transfers section, search for the required transfer with your UTR number and the status of the transaction should be displayed.Call the bank customer care.
What can someone do with my UTR number?
It is important to keep your Unique Tax Reference Number (UTR) confidential. There are no photocards to prove identity in the CIS system, so it is possible for an unscrupulous individual to ‘borrow’ your UTR to obtain work and then leave you with the tax bill.
Can I work without UTR number?
If you are self-employed and YOU ARE working in the Construction Industry (CIS) you can work without a UTR & CIS, however this will affect how much tax you pay. You will pay 30% tax without a UTR & CIS and this will reduce to 20% when your UTR & CIS are activated.
Why does an employer need my UTR?
The main purpose of a UTR number is to help HMRC identify tax payers. This means that you’ll usually only need to share your UTR with HMRC. For example, you should provide your UTR when you complete your Self Assessment tax return or if you make advance payments towards your tax bill.