If you are self-employed and NOT working in the Construction Industry (CIS) then you can work without a UTR, however when it comes to end of the tax year you will need a UTR in order to complete your self-assessment tax return come 5th April.
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.
We can help you to reclaim any overpaid tax at the end of the tax year. For more information on our accountancy services please click here