# Revenue Scotland and Tax Powers Act 2014, Section 169: Land and buildings transaction tax: amounts of penalties for failure to pay tax


(1) This section applies in the case of a payment of tax falling within item 1 of the table in section 168.
(2) P is liable to a penalty of 5% of the unpaid tax.
(3) If any amount of the tax is unpaid after the end of the period of 5 months beginning with the penalty date, P is liable to a penalty of 5% of that amount.
(4) If any amount of the tax is unpaid after the end of the period of 11 months beginning with the penalty date, P is liable to a penalty of 5% of that amount.

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Source: https://www.legislation.gov.uk/asp/2014/16/section/169 (the official version)
Page: https://openlegislation.uk/revenue-scotland-and-tax-powers-act-2014/section-169
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.