How to pay your Stamp Duty and the time it takes for payment to reach HM Revenue and Customs (HMRC).
Stamp Duty is paid on shares bought on a stock transfer form.
How much time to allow
Make sure you pay HMRC by the deadline or you may have to pay a penalty and/or interest.
The time you need to allow depends on how you pay.
|Payment method||Time allowance|
|Online or telephone banking (Faster Payments)||Same or next day|
|CHAPS||Same or next day|
|Bacs||3 working days|
|By cheque through the post||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.
Ways to pay
Bank details for online or telephone banking, CHAPS, Bacs
You can pay by Faster Payments, CHAPS or Bacs to HMRC’s account.
|Sort code||Account number||Account name|
|08 32 10||12001098||HMRC Birmingham Stamp Office|
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
Your payment could be delayed if you use the wrong reference.
Send a confirmation letter
When paying by one of these options you must send HMRC a confirmation letter with your stock transfer form showing the:
- payment reference
- payment amount
- date of payment
Your documents may be delayed or returned if you don’t provide the payment reference.
- Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
- CHAPS usually reach HMRC the same working day if you pay within your bank’s processing times
- Bacs usually take 3 working days
You should use these details to pay 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
By cheque through the post
Send your cheque made payable to ‘HM Revenue and Customs only’ followed by the Stamp Duty reference number you created.
Don’t fold the cheque or fasten documents together.
Allow 3 working days for your payment to reach HMRC.
Birmingham Stamp Office
City Centre House
30 Union Street
If using the DX service please send to:
Birmingham Stamp Office - Stamp Duty