Customer don't have CUIT No - What is the impact
Summary
Customer don't have CUIT No - What is the impactContent
Hello Community,
We are implementing UK Cloud Payroll for one of the public sector organization and they don’t trade publicly and not listed in any stock exchange. Now what I understand that they are not quite sure if they have the CUIT no. This would be the same type of clients like central governments or charitable clients.
When we register a Tax Reporting Unit under a legal jurisdiction (here it is UK Income Tax), it asks for the CUIT no.
Could anyone please tell me what is this CUIT stands for from UK legal reporting perspective?