+ WHAT IS A UNIQUE TAX REFERENCE (UTR)
Your UTR number is issued by HMRC and it is a unique 10 digit ID, for example ’1234567890′. HMRC use your UTR number to identity you and your tax records. It will be displayed on HMRC paperwork as UTR or Tax reference.
Do I have a UTR?
Not everyone has a UTR number. If you have registered to complete a self assessment tax return, you should have a UTR number. If you do not complete a tax return usually you will not have one.
Where to find your UTR Number
If you have registered for self assessment you can find your UTR number in a number of locations including:
1. On your Tax Return
2. On a ‘Notice to Complete a Tax Return’
3. Statement of Account
Need to get a UTR?
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+ HOW DO I PAY MY TAX?
There are numerous taxes that are paid to HMRC and they can all be paid in a number of ways:-
1 – HMRC Website
You can make payment by Debit or Credit Card (all cards accepted excluding AMEX or Diners Club) – https://www.tax.service.gov.uk/pay-online. Just select the relevant option for the type of tax you wish to pay, and follow the straightforward guidance provided. If you wish to pay by credit card, then please note there is a non-refundable transaction fee that will be added to your payment.
2 – Online/Telephone Banking
Using either your online banking access or via your bank’s telephone banking facility using Faster Payments (see below) to:-
HM REVENUE AND CUSTOMS – Cumbernauld
Account No: 12001039
Sort Code: 08-32-10
3 – At your bank or building society
You can only pay at your branch by cash or cheque if you both:
Still get paper statements from HMRC OR Have the paying-in slip HMRC sent you.
Make your cheque payable to ‘HM Revenue and Customs only’ followed by your reference number (and the letter ‘k’ if you are paying personal tax). HMRC will accept your payment on the date you make it and not the date it reaches their account (as long as you pay from Monday to Friday).
4 – At the Post Office
You can pay by debit card, cash or cheque (made payable to ‘Post Office Ltd’) if you both:-
Still get paper statements from HMRC OR Have the paying-in slip HMRC sent you.
You can pay up to a limit of £10,000 at a Post Office. HMRC will accept your payment on the date you make it and not the date it reaches their account (as long as you pay from Monday to Friday).
What’s the difference between Faster Payments and BACS?
Faster Payments are electronic payments that can be made online, over the phone or in branch in fewer than 2 hours – so long as both banks are part of the Faster Payments Service (which HMRC is). Most banks automatically send payments through Faster Payments where possible.
BACS is an electronic system to make payments directly from one bank account to another. They’re mainly used for Direct Debits and Direct Credits from organisations. The payments take 3 working days to clear, so a payment made from your account on Monday will arrive into the recipient’s bank on Wednesday.