30Penalty tax in relation to certain tax defaults

30 Penalty tax in relation to certain tax defaults (1) If a tax default happens, the taxpayer is liable to pay penalty tax in addition to the amount of tax unpaid. Note A taxpayer may also be liable to pay penalty tax under the Land Tax Act 2004, s 19A (4) (Interest and penalty tax payable on land tax if no disclosure). (2) Penalty tax imposed under this division is in addition to interest. (3) Penalty tax is not payable in relation to a tax default that consists of a failure to pay— (a) interest under division 5.1; or (b) penalty tax previously imposed under this division.