HM Revenue and Customs (HMRC) will officially withdraw the use of the Stamp Duty press machines from 19th July 2021 marking an end to a tax-related history spanning more than 300 years.
HMRC are set to continue the electronic process that was implemented in March 2020 following the change in process as a result of Covid-19 which meant physical forms could not be received and processed. There will no longer be a physical stamp, instead, all forms will be sent electronically and HMRC will provide a letter confirming the required duty has been received and paid.
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