Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 10A paragraph 12

Relief under this schedule may not be claimed if relief is claimed under Schedule 7

Paragraph 12 of Schedule 10A prevents a taxpayer from claiming sub-sale development relief where alternative property finance relief has already been claimed on the same transaction.

• Sub-sale development relief (Schedule 10A) cannot be combined with alternative property finance relief (Schedule 7)
• If a claim has been made under Schedule 7 for alternative property finance relief, Schedule 10A relief is unavailable
• The taxpayer must choose one relief or the other — they are mutually exclusive
• This rule applies regardless of the value of the transaction or other circumstances