How to pay your Stamp Duty Reserve Tax, and how long it takes for your payment to reach HMRC.

Stamp Duty Reserve Tax (SDRT) is paid on the paperless purchase of shares.

It should not be confused with paying either:

Stamp Duty on shares bought on a stock transfer form

Stamp Duty Land Tax when property is bought or transferred

The 2 types of SDRT payment are stocks and shares made:

through the ‘CREST’ system — a computerised register of shares and shareowners

outside of CREST — ‘off-market’ payments

The payment deadlines, payment reference numbers and HMRC bank account details are different in each case.

What you need to do

Stocks and shares CREST payments

CREST automatically deducts SDRT from chargeable trades and pays the tax to HMRC. No manual payment or notice is required.

Stocks and shares payments outside of CREST

If you make a trade outside of CREST, ‘off-market’ payments, you have to contact Stamp Duty Reserve Tax enquiries by sending a written notice that includes:

the buyer and seller details

what and how many securities have been transferred

any relief or exemption, or both, claimed

details of the payment or other exchange, including monetary value, made

a reference number, chosen by you, so HMRC can identify the payment

Where multiple transactions have taken place in a reporting period, you have to provide details of each individual transaction.

You should allow 3 working days for your notice to reach HMRC.

When to pay

If the payment could have been made through CREST but was not, the deadline for both the payment and the notice is 14 days from the date of the trade.

If the payment could not have been made through CREST, the deadline for both the payment and the notice is the 7th day of the month after the calendar month in which the agreement took place.

If the deadline is on a weekend or bank holiday, make sure your payment reaches HMRC by the end of the previous working day.

If you do not pay by the deadline, you may need to pay a penalty or interest, or both.

What you need

You need the reference number you provided on your off-market payment notice.

If you use the wrong reference number your payment may be delayed or used to pay a different tax bill that you owe. If your payment has paid the wrong tax bill, you can contact Stamp Duty Reserve Tax enquiries to ask for your payment to be moved.

Pay by bank transfer

If you pay by CHAPS (Clearing House Automated Payment System) or Faster Payments, you can submit your payment on the same or next day.

If you pay by Bacs (Bankers Automated Clearing System), allow 3 working days for the payment to reach HMRC.

We recommend you check your bank’s processing times and maximum transaction limits before you pay.

Account details to use if your account is in the UK

Use the following details to make a payment if your account is in the UK:

account number — 12237210

account name — HMRC Stamp Office Shares Unit

Account details to use if your account is overseas

Use the following details to make a payment if your account is overseas:

account number (IBAN) — GB89 BARC 2011 4733 7025 96

Business Identifier Code (BIC) — BARCGB22

Pay HMRC in pounds sterling (GBP).

If you pay in any other currency:

the bank will convert it to pounds sterling and take a conversion fee from your payment

HMRC will receive less than you intended and you will need to make another payment so that HMRC receives the full amount

If needed, you can provide your bank with the following HMRC banking address:

Barclays Bank plc1 Churchill PlaceLondonUnited KingdomE14 5HP

Do not post a cheque payment to us. If you cannot pay electronically you should contact us.

Updates to this page

13 November 2026 ‘Account details to use if your account is overseas’ has been updated to include pay HMRC in pounds sterling (GBP) and what happens if you pay in any other currency.

‘Account details to use if your account is overseas’ has been updated to include pay HMRC in pounds sterling (GBP) and what happens if you pay in any other currency.

21 September 2026 Updated guidance to confirm if you use the wrong payment reference number, your payment may be delayed or used to pay a different tax bill that you owe. You can contact HMRC to ask for the payment to be moved.

Updated guidance to confirm if you use the wrong payment reference number, your payment may be delayed or used to pay a different tax bill that you owe. You can contact HMRC to ask for the payment to be moved.

30 April 2026 A Welsh translation has been added.

A Welsh translation has been added.

16 December 2021 Temporary measures used for Stamp Duty Reserve Tax payments due to coronavirus (COVID-19) have now ended.

Temporary measures used for Stamp Duty Reserve Tax payments due to coronavirus (COVID-19) have now ended.

11 August 2020 Bank details have been updated for paying Stamp Duty Reserve Tax by online or telephone banking, CHAPS and Bacs.

Bank details have been updated for paying Stamp Duty Reserve Tax by online or telephone banking, CHAPS and Bacs.

9 April 2020 Temporary measures have been put in place to stop the spread of coronavirus (COVID-19) - you must now pay Stamp Duty Reserve Tax electronically by Faster Payment, Bacs or CHAPS.

Temporary measures have been put in place to stop the spread of coronavirus (COVID-19) - you must now pay Stamp Duty Reserve Tax electronically by Faster Payment, Bacs or CHAPS.

5 February 2019 The address to send payments by cheque has been added to the 'Ways to pay' section.

The address to send payments by cheque has been added to the 'Ways to pay' section.

20 April 2016 Overseas payment details updated.

Overseas payment details updated.

29 February 2016 Overseas payment details updated.

Overseas payment details updated.

30 October 2014 First published.

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