STSM154020 - Compliance: stamp duty compliance miscellaneous: Documents withdrawn from stamping
Sometimes, the customer may request听that instruments are withdrawn before they have been duly stamped by HMRC.听听As detailed in STSM141030, an instrument which has not been duly stamped cannot be used to update the company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.听
Late presentation penalties听听
If the instrument is听subsequently听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听that point will need to be revisited and may result in higher penalties being due.