What is your tax ref number for

Question

What is your tax ref number for

Answer 1

Tells you how much tax you will pay over the coming year. I'll not bore you with the detail but it is a multiple of the number. There will be an explanatory document for your reference with your tax code advice.

Answer 2

I assume you mean your Unique Tax Reference or UTR.  It has nothing to do with your tax code.  It is a reference number issued by HMRC when you complete a self-assessment tax return or are requested to complete one.  It uniquely identifies a taxpayer.  You need it to register for self-assessment online.

Answer 3

Your tax code tells you how much you can earn before you start paying tax. you just add a 0 to the end of it.

For instance,

T/code 516 means you can earn £5160 per annum tax free.

T/ code 476 "          "     "     "     £4760 "       "        "     "

Answer 4

You haven't said if you are employed or self-employed. Basically the reference number enables tax office staff to trace your record to answer any queries you may have.

If you are employed, you use your National Insurance Number as a reference. You will also come under your employer's reference, but on it's own, that wouldn't be enough for tax office staff to call your record up. A tax code number is of no help whatsoever in this regard.

Employed people have a 10 digit unique tax reference number. You will find that on your Tax Return or statements. Your National Insurance Number MAY be linked to your record, but no guarantees.

Answer 5

if you need to speak to the tax office then you have a reference number to give them so they can find your details.