CIF equIvalent in UK 스레드 게시자: Anamaria Calinescu
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Hi,
I have registered as self-employed in UK(sole trader) but haven't registered for VAT. Now I have a Romanian company that requires from me the CIF. I have registered by myself as self-employed (hopefully that I have done correctly the registration), so I have the UTR number and that's it... As well with this problem that we are facing now, couldn't go to an accountant to consult. Any advice would be really appreciated on what equivalent of CIF should I provide. I have read that ... See more Hi,
I have registered as self-employed in UK(sole trader) but haven't registered for VAT. Now I have a Romanian company that requires from me the CIF. I have registered by myself as self-employed (hopefully that I have done correctly the registration), so I have the UTR number and that's it... As well with this problem that we are facing now, couldn't go to an accountant to consult. Any advice would be really appreciated on what equivalent of CIF should I provide. I have read that the CIF is equal with Vat Reg Nr. or Business Identification Number(BIN.) But not sure, as were too many contradictory opinions. A CIF is the registration number issued by the tax authorities to a company, in the UK the equivalent is the company registration number, but then, it isn't applicable for sole traders.
Bottom line, in my registration with the agency, should I live a blank space to CIF requirement? Specifying that the company send me the registration form in Romanian.
Thank you. ▲ Collapse | | | Dan Lucas 영국 Local time: 08:17 회원(2014) 일본어에서 영어 Omit but explain | Apr 17, 2020 |
Anamaria Calinescu wrote:
A CIF is the registration number issued by the tax authorities to a company, in the UK the equivalent is the company registration number, but then, it isn't applicable for sole traders.
I would just explain to them that you are a sole trader and not a company, so you have no company registration number. Then explain that you are not VAT-registered and that in the UK such VAT registration is not common for smaller businesses, as it is mandatory only when turnover reaches £85,000.
If they won't accept this, there's not much you can do, but if they're so inflexible that they cannot accept that other countries have different ways of doing things, you're better off not dealing with them, because you'll probably hit other problems down the road.
The UTR should be used only to identify you to HMRC, and I would certainly not be giving it out to other parties. Other than myself, only HMRC and my accountant know my UTR.
Regards,
Dan | | | I agree with Dan | Apr 18, 2020 |
I would only add: as a UK taxpayer you should comply with UK rules only, and should not attempt to comply with the rules of any other jurisdiction - in this case Romania.
So yes - you should leave the CIF box blank.
[Edited at 2020-04-18 08:31 GMT] | | | Thank you! I really appreciate the quick reply! Thanks | Apr 18, 2020 |
Dan Lucas wrote:
Anamaria Calinescu wrote:
A CIF is the registration number issued by the tax authorities to a company, in the UK the equivalent is the company registration number, but then, it isn't applicable for sole traders.
I would just explain to them that you are a sole trader and not a company, so you have no company registration number. Then explain that you are not VAT-registered and that in the UK such VAT registration is not common for smaller businesses, as it is mandatory only when turnover reaches £85,000.
If they won't accept this, there's not much you can do, but if they're so inflexible that they cannot accept that other countries have different ways of doing things, you're better off not dealing with them, because you'll probably hit other problems down the road.
The UTR should be used only to identify you to HMRC, and I would certainly not be giving it out to other parties. Other than myself, only HMRC and my accountant know my UTR.
Regards,
Dan | |
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