Guidance

Pay Stamp Duty

How to pay your Stamp Duty and the time it takes for payment to reach HMRC, including new measures put in place because of coronavirus (COVID-19).

Overview

Changes due to coronavirus (COVID-19) measures

Due to measures put in place to stop the spread of coronavirus (COVID-19) HMRC has temporarily changed the way they deal with Stamp Duty.

You must:

This guidance will be updated when the measures end.

Stamp Duty is paid on shares bought on a stock transfer form.

It should not be confused with paying Stamp Duty Reserve Tax which is paid on the paperless purchase of shares, or paying Stamp Duty Land Tax when property is bought or transferred.

The deadline for paying Stamp Duty and getting stock transfer documents to the Stamp Office is no later than 30 days after they’ve been dated and signed.

How much time to allow

Make sure you pay HMRC by the deadline or you may have to pay a penalty, interest or both.

The time you need to allow depends on how you pay.

Payment method Time allowance
Online banking (Faster Payments) Same or next day
CHAPS Same or next day
Bacs 3 working days

If the deadline falls on a weekend or bank holiday, make sure your payment reaches HMRC on the last working day before unless you’re paying by Faster Payments.

How to pay

Due to the temporary measures put in place to stop the spread of coronavirus (COVID-19), you must pay your Stamp Duty electronically by Faster Payment, Bacs or CHAPS.

If you send HMRC payment by cheque it will not be banked until coronavirus (COVID-19) measures end. This means the transaction you have sent details of to HMRC by email will not be processed.

Email: stampdutymailbox@hmrc.gov.uk if you cannot make an electronic payment.

You’ll need to provide a payment reference so that HMRC can identify your payment. Use your name followed by the payment amount (no spaces), for example: JBrown/240.00.

If you’re a solicitor or adviser making a payment on behalf of your client you can use your client’s reference or matter number as the payment reference.

Your payment could be delayed if you use the wrong reference.

Payments from UK accounts

Use the following details to make a payment from a UK account.

Sort code Account number Account name
08 32 10 12001098 HMRC Birmingham Stamp Office

Payments from overseas accounts

Use the following details to make a payment from an overseas account.

Account number (IBAN) Bank identifier code (BIC) Account name
GB02BARC20114773618595 BARCGB22 HMRC Birmingham Stamp Office

If you need to provide your bank with HMRC’s banking address it is:

Barclays Bank Plc
1 Churchill Place
London
United Kingdom
E14 5HP

After you have paid

Due to the temporary measures put in place to stop the spread of coronavirus (COVID-19), you cannot post details of the transaction to HMRC.

After you have paid your Stamp Duty you must email details to HMRC at: stampdutymailbox@hmrc.gov.uk.

Your email should include:

  • the payment reference
  • the payment amount
  • the date of payment
  • an electronic copy (for example, a scanned PDF) of either your:

    • signed and dated stock transfer form
    • instrument of transfer
    • form SH03 for return of purchase of own shares

Use power of attorney if necessary.

HMRC will accept e-signatures while coronavirus (COVID-19) measures are in place.

If your stock transfer form or instrument of transfer does not include them, you will also need to give details of the:

  • name of the company whose shares are being transferred
  • shares being transferred including date of transfer
  • parties to the transaction
  • amount of consideration

HMRC will contact you by email if they have any questions. If HMRC do not have any questions and are able to process your transaction, they will send you a confirmation letter by email. No stock transfer forms are currently being stamped.

Published 30 October 2014
Last updated 25 March 2020 + show all updates
  1. Temporary measures have been put in place to stop the spread of coronavirus (COVID-19) - you must now pay Stamp Duty electronically by Faster Payment, Bacs or CHAPS, and send transaction details to HMRC by email rather than post.

  2. Information about what payment references to use and overseas payment details have been added.

  3. First published.