HMRC temporarily introduces electronic Stamp Duty service

HMRC has announced that it has introduced a temporary electronic service to replace the usual Stamp Duty process. Stamp duty must now be paid electronically (cheques will not be processed) and the taxpayer must then email details of the transaction to HMRC, including an electronic copy of the document that would otherwise have been stamped. HMRC has also stated that it will accept electronic signatures while these measures are in place. HMRC will send a confirmation letter by email.

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