Digital printing services

Description

HMRC are giving potential suppliers early notification of a possible requirement to supply stamp duty impression equipment. The purpose of this prior information notice is to alert interested parties and invite suppliers to an engagement day on 26.10.2018. HMRC Stamp Office manages stamp duty and oversees taxpayer compliance as per the 1891 Stamp Act; the main regulation – the requirements to mark/impress a stamp on a document to demonstrate customers compliance with the stamp duty rules. Impression equipment is required to impress distinct, secure and unique markings for a range of values. Currently HMRC system uses differing stamp values and distinguishing marks. Consideration will be given to future requirements to make each stamp unique and by what means e.g. security features such as, barcodes, referencing systems and how it is applied to the stamp and document. Equipment should have the function to add up the number (counter) and value (sterling value, exempt, free and potential other categories) of the stamps. Total should be by batch and by day (part of checking of cheque values and used for balancing accounts at close of business daily). Equipment should be efficient in the end to end stamp press process and include the cheque and cashier element.