STSM154020 | Compliance: stamp duty compliance miscellaneous: Documents withdrawn from stamping

Sometimes, the customer may request that instruments are withdrawn before they have been duly stamped by HMRC. As detailed in STSM141030, an instrument which has not been duly stamped cannot be used to update the company register, and any registrar who does so may be subject to a penalty.

Late presentation penalties

If the instrument is subsequently re-presented to HMRC, then penalties will be due based on that later date of presentation. Therefore, if the original presentation was also late, any mitigation of penalties (see STSM153020) appropriate at that point will need to be revisited and may result in higher penalties being due.