• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams

Comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Years of ownership of copyright

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Years of ownership of copyright

  • This topic has 4 replies, 2 voices, and was last updated 1 year ago by alawi sayed.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • July 13, 2024 at 9:59 pm #708328
    alawi sayed
    Participant
    • Topics: 314
    • Replies: 365
    • ☆☆☆☆

    Hello Jilly,

    Why for the following question about chargeable gains the no of ownership years of the copy right is 9 years not 6 years ?

    Thanks,

    On 31 March 2024, Jessica sold a copyright for £28,800. The copyright had been purchased on 1 April 2018 for £21,000 when it had an unexpired life of 15 years.

    What is Jessica’s chargeable gain in respect of the disposal of the copyright?

    A.£0
    B.£20,400
    C.£16,200
    D.£7,800

    The correct answer is C.

    28,800 -(21,000 × 9/15) = £16,200

    July 15, 2024 at 5:13 pm #708505
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    !5 years in total – 6 used up by ownership – 9 years left

    July 24, 2024 at 1:29 pm #708821
    alawi sayed
    Participant
    • Topics: 314
    • Replies: 365
    • ☆☆☆☆

    Hi,

    So the chargeable gains for the copyright will be based on the remaining years?

    and why?

    Thanks,

    July 29, 2024 at 1:29 pm #708957
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Thats the rule

    July 30, 2024 at 1:27 pm #708990
    alawi sayed
    Participant
    • Topics: 314
    • Replies: 365
    • ☆☆☆☆

    Thanks.

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Kaplan ACCA Free Trial

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Abdinur on FA Chapter 22 Questions Group Accounts The Consolidated Statement of Financial Position (1)
  • YvonneB on Introduction to Taxation – CIMA F1 Financial Reporting
  • Arnold89 on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • deepikasingh on ACCA BT Chapter 17 – The nature of communication – Questions
  • deepikasingh on ACCA BT Chapter 14 – How people learn – Questions

Copyright © 2026 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in