s 14 Amount of penalty tax
14.—(1) Subject to subsection (2), the amount of penalty tax payable in relation to any gambling duty not paid after the time prescribed by section 8 or 11 for payment of the gambling duty ends, is —(a) 5% of the amount of the gambling duty not paid; and (b) if the gambling duty or any part of it remains unpaid one month after the time prescribed by section 8 or 11 for payment of the gambling duty —(i) a further 5% of the amount of the gambling duty not paid; and (ii) a further 5% of the amount of the gambling duty or any part of it not paid for every complete month thereafter that the gambling duty or any part of it remains unpaid. (2) However, the total additional penalty tax must not exceed 50% of the amount of gambling duty outstanding.