What is a Tax Reference Number and Where Can I Find it? - Accountants in London

 Have you ever noticed a recurring number on your paystubs from the same company? This is your tax identification number. The first three digits represent the tax office number where your employer's tax is registered. The remaining numbers are your identifying number. This does not, however, limit you to only one tax office for tax questions. You can visit any tax office or contact any tax office number in the UK if you supply your National Insurance Number.


Identification Number for Tax Purposes

End-of-Year Certificate; the P60 also includes your tax reference number. Your company will also supply you with a P60. It includes your total annual income, income tax paid, and National Insurance Contributions subtracted. If you decide to leave your job, your company will send you a Form P45. This will also include your tax reference number.

Tax Identification Number

When you start a new job, you will be assigned a new tax identification number. Your tax reference number is effectively used to discover your tax record with a certain employer. It can keep an automated record of your total annual earnings and taxes paid over the length of a single job. Apart from that, they should not be used in formal correspondence with HMRC or as legal identification numbers.

HMRC Tax Reference

HMRC may send you letters with different tax reference numbers. This could be because you are working many jobs at the same time. The tax reference number will identify the employer and job for which the notification is intended. Each of your occupational pension schemes is also assigned a tax reference number.

Individual Taxpayer Reference (UTR)

The tax reference number is sometimes mistaken with the Unique Tax Payer Reference (UTR) and the National Identification Number (NINO). A UTR is issued once in a lifetime when you first register for self assessment. All subsequent self-assessments will be filed under the same UTR. This ten-digit number appears on all self-assessment questionnaires. HMRC use UTR for all self-assessment concerns and disputes.

National Identification Number (NINO)

The NINO, on the other hand, is made up of two letters, six numerals, and a suffix letter. It is also only available once in a lifetime. It is used to keep track of your lifetime contributions to national insurance. Through its Department of Work and Pensions, HMRC issues an official letter for NINO issuance. Both UTR and NINO, like tax reference numbers, lack legal identity evidence.

What exactly is P60? Is it still for sale?

Irish citizens will no longer be able to obtain p60. P45 and P60 have been phased out as part of PAYE Modernization since January 1st, 2019. It has been replaced by the end-of-year statement, which is available through Revenue, the Irish equivalent of HMRC. The End of Year Statement is available through Revenue's My Account Service.

The first End of Year Statement will not be accessible until after December 31, 2019. The statement will include information about your:

  • Pay
  • Income taxation
  • The U.S. Social Charge (USC)
  • Pay-related Social Security Insurance (PRSI).

According to the new online system, the employer will submit all of the aforementioned information against your PPS (Personal Public Service) number. The synchronisation will allow you to see all of the deductions done by your company from your gross pay. Only statutory deductions can be mentioned by the employer. Non-statutory contributions, such as union dues, will not appear in records updated by your employer.

When you leave a job, you will no longer receive a P45. Instead, your employer will input information about your departure date, final salary, and any applicable deductions into the Revenue's web portal. You can also access the same information through your account login.

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