What is Stamp Duty
What if you have an old instrument?
If the instrument (written document) is not stamped and it should have been, you must pay Stamp Duty on it together with:
- interest on late payment
- penalties or a late filing surcharge, depending on the date of the instrument.
The amount of Stamp Duty you pay depends on the date you executed (signed, sealed or both) the instrument.
Next: What happens if you file and pay late?