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HMRC stamp duty press machines were officially retired from service on 19 July 2021, marking the end of over 300 years of tax-related history.
From mid-July, 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.
Three of the presses, which are about 100 years old, will be retained by HMRC and installed in the newly created regional centres as a nod to the department’s lengthy history, but an appeal is now being made to search for suitable institutions which might be keen to take on one of the five remaining presses.
Any organisation interested in rehoming a decommissioned stamp press from HMRC, should contact stamp.presses@hmrc.gov.uk.
