The 300-year old process to manually stamp documents to show the duty has been paid is going digital from July 2021.

HMRC’s stamp duty press machines will be officially retired from service on 19 July 2021. An electronic process will be adopted for the remaining transactions which still required physical stamps, such as duty paid on shares purchased on a stock transfer form.

For further information, see the HMRC press release End of an era as stamp presses decommissioned by HMRC (18 June 2021).

 

Source: https://www.accountancydaily.co/cch_uk/tat/news_014615_stamp_taxes_go_digital

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