Chapter STSM154060

Published date07 March 2016
Record NumberSTSM154060
CourtHM Revenue & Customs

Stamp Act 1891/S12A(2) provides for a £300 penalty (see STSM154040 - STSM154050) for a failure to stamp an instrument following adjudication (see STSM022010+). The penalty applies where HMRC has issued a formal notice of decision following a request for adjudication but the instrument is not stamped within 30 days of the notice (or such longer time as HMRC may allow). The person who requested the adjudication is liable to a penalty of not more than £300 unless there is a reasonable excuse for the failure.

In cases where an...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT