Category Archives: Tax Help

Tax Help

Tax Help

Emergency tax codes

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Emergency tax codes

If you’re on an emergency tax code your payslip will show:

1185 W1, or 1185 M1, or 1185 X

These mean you’ll pay tax on all your income above the basic Personal Allowance.

You may be put on an emergency tax code if you’ve started:

  • a new job
  • working for an employer after being self-employed
  • getting company benefits or the State Pension

Emergency tax codes are temporary. Your employer can help you update your tax code.

(This information was supplied by the H.M.R.C. website and is assumed to be correct on the date of publication, however you should always check with H.M.R.C. directly)

Tax Help

How to get your UTR number

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HMRC generally will issue a UTR (Unique Taxpayer Reference) number to you when you :

  • You register as a self-employed sole trader.
  • You form / incorporate a new limited company.
  • You registered as a partnership.
  • You registered for the subcontractor CIS scheme.
  • You have a trust or other income, subject to tax.

Your UTR is a ten digit number and is unique to you, it helps HMRC identify you across all its services.

You will need your UTR to file your tax return, if you have not already received your UTR we recommend you apply as soon as possible.  HMRC will most likely post your UTR for security, and it may take many days before you receive it.  You could be responsible for late filing fees while you wait for your UTR, so make sure you have this number as soon as possible.

If you have joined the CIS scheme, it is vital you apply for your UTR immediately to avoid paying the higher rate tax of 30%.

If you are concerned about your UTR, please contact us for help today.