ACCA 2026 TX Taxation Capital Gains Free Quiz 2

Navigation Menu

Public Sector Private Sector Admissions in Punjab Admissions in KPK Admissions in Sindh Admissions in Balochistan Admissions in AJK

Public Sector Private Sector Universities in Punjab Universities in KPK Universities in Sindh Universities in Balochistan Universities in AJK

Public Sector Private Sector Semi-Govt (NUMS)

Scholarships in USA Scholarships in UK Scholarships in Canada Scholarships in Australia Scholarships in Europe Scholarships in Asia Scholarships in Africa

Full Length Papers Cadet Colleges Test ECAT FAST GIKI HAT General HAT Subject HEC ETC HEC LAT ISSB Initial Tests Join PAF Join Pak Navy KMU CAT MDCAT NCAT NTS NTS GAT General NTS GAT Subject NUST NET PU AHS PU COM PU CSS PU E PU GS PU M SZABMU AHS

ACT GMAT GRE General GRE Subject IELTS OET SAT TOEFL

ACCA CFA CPA

MCAT

About Us Contact Us Disclaimer Privacy Policy Admin Login

PAK PakAdmissions

Home |

Admissions

Public Sector Private Sector Admissions in Punjab Admissions in KPK Admissions in Sindh Admissions in Balochistan Admissions in AJK

|

Public Sector Private Sector Universities in Punjab Universities in KPK Universities in Sindh Universities in Balochistan Universities in AJK

|

Public Sector Private Sector Semi-Govt (NUMS)

|

Scholarships in USA Scholarships in UK Scholarships in Canada Scholarships in Australia Scholarships in Europe Scholarships in Asia Scholarships in Africa

|

Full Length Papers Cadet Colleges Test ECAT FAST GIKI HAT General HAT Subject HEC ETC HEC LAT ISSB Initial Tests Join PAF Join Pak Navy KMU CAT MDCAT NCAT NTS NTS GAT General NTS GAT Subject NUST NET PU AHS PU COM PU CSS PU E PU GS PU M SZABMU AHS

|

International Tests

ACT GMAT GRE General GRE Subject IELTS OET SAT TOEFL

|

Professional Exam Quiz

ACCA CFA CPA

|

Other Quiz

MCAT

| News | Blog

ACCA 2026 TX Taxation Capital Gains Free Quiz 2

ACCA Quiz

10:00

Answered: 0 / 10

Remaining: 10

Navigator 10 Q

General

ACCA 2026 TX Taxation Capital Gains Free Quiz 2

Practice ACCA 2026 TX Taxation MCQs from Capital Gains. Get instant results with Explanation.

General10 MCQs

1. How are gifts to a spouse treated for CGT?

A. Gifts to a spouse are made at no gain/no loss for CGTB. Gifts to a spouse are subject to CGT at market valueC. Gifts to a spouse are exempt from CGT permanentlyD. Gifts to a spouse trigger a CGT charge on the transferor

2. What is the CGT annual exempt amount for trusts?

A. Trusts have the same annual exempt amount as individualsB. Trusts are exempt from CGTC. Trusts pay CGT at income tax ratesD. Trusts have an annual exempt amount of £3,000 (half the individual amount)

3. What is rollover relief for CGT?

A. Rollover relief is only available for propertyB. Rollover relief defers gain if proceeds are reinvested in a new business assetC. Rollover relief exempts the gain entirelyD. Rollover relief is not available to individuals

4. What is the time limit for claiming a capital loss?

A. Capital losses must be claimed within 2 yearsB. Capital losses can be claimed at any timeC. Capital losses must be claimed within 4 years of the end of the tax yearD. Capital losses are automatically used

5. What is hold-over relief for CGT?

A. Hold-over relief defers gain on gifts of business assetsB. Hold-over relief exempts the gain from CGTC. Hold-over relief is only available for gifts to charitiesD. Hold-over relief is not available for shares

General10 MCQs

6. How is the CGT gain computed?

A. Gain = Disposal proceeds – Market value at acquisitionB. Gain = Disposal proceeds – Original cost without any adjustmentsC. Gain = Disposal proceeds – Annual exempt amountD. Gain = Disposal proceeds – (acquisition cost + enhancement + incidental costs)

7. What are the share identification rules for CGT?

A. Shares are disposed of on a FIFO basis for CGTB. Shares are identified as: same day, then 30-day, then section 104 holdingC. Shares are identified on a LIFO basisD. Shares are pooled and any disposal is taken from the pool

8. What is the CGT treatment for non-residents disposing of UK residential property?

A. Non-residents are not subject to CGT on UK propertyB. Non-residents pay CGT at a lower rateC. Non-residents are subject to CGT on UK residential property and must report within 30 daysD. Non-residents are exempt from CGT on property

9. How are transfers between spouses treated for CGT?

A. Transfers between spouses are at no gain/no loss for CGTB. Transfers between spouses are always at market valueC. Transfers between spouses are exempt from CGT only if the asset is a homeD. Transfers between spouses trigger a CGT charge on the transferor

10. How does income affect the CGT rate?

A. CGT is calculated separately from income taxB. CGT rates are independent of income tax bandsC. CGT is taxed at a flat rate regardless of incomeD. Gains are added to income to determine the applicable CGT rate band

📋 ACCA - Test Online Practice Quizzes

ACCA

Conducting Body: Association of Chartered Certified Accountants

Frequency: Exam Frequency Year Round | Time: 360 Minutes

Negative Marking: No

⚡ Test Pattern (Total: 116 MCQs):

Business and Technology: 46 MCQs
Management Accounting: 35 MCQs
Financial Accounting: 35 MCQs
Corporate and Business Law: 45 MCQs

Merit Formula: -

Practice ACCA MCQs

Quick Links

Latest Admissions

Sheikha Fatima Instituite of Nursing (SFIN)

University of Swabi (USW)

International Scholarships

Alfalah Scholarship Scheme 2026 Monthly Financial Aid for Pakistani Students

AJK Fully Funded Pakistan Scholarship 2026 Program

Popular Medical Colleges

Shalamar Medical & Dental College (SMDC-L)

Aziz Fatimah Medical & Dental College (AFMDCL)

Popular Universities

University of the Punjab, Lahore

UAF Community College PARS Jhang Road Campus Faisalabad

Bashir College of Dentistry Islamabad (BCD)

MBBS Seats Closing Merit Aggt Calculator

Home All Quizzes Medical Colleges

Scholarships

🇵🇰 Pakistan's Scholarships 🇺🇸 USA's Scholarships 🇬🇧 UK's Scholarships 🇨🇦 Canada's Scholarships 🇨🇳 China's Scholarships 🇸🇦 Saudi Arabia's Scholarships 🇦🇪 UAE's Scholarships 🇲🇾 Malaysia's Scholarships 🇪🇺 Europe's Scholarships 🇰🇷 South Korea's Scholarships 🇦🇺 Australia's Scholarships 🇩🇪 Germany's Scholarships 🇫🇷 France's Scholarships 🇯🇵 Japan's Scholarships 🇸🇬 Singapore's Scholarships 🇶🇦 Qatar's Scholarships 🇹🇷 Turkey's Scholarships 🇮🇹 Italy's Scholarships 🇪🇸 Spain's Scholarships 🇳🇱 Netherlands's Scholarships 🇸🇪 Sweden's Scholarships 🇨🇭 Switzerland's Scholarships 🇮🇪 Ireland's Scholarships 🇳🇿 New Zealand's Scholarships 🇿🇦 South Africa's Scholarships 🇪🇬 Egypt's Scholarships 🇰🇪 Kenya's Scholarships 🇧🇷 Brazil's Scholarships 🇦🇷 Argentina's Scholarships 🇲🇽 Mexico's Scholarships 🇮🇳 India's Scholarships

Entry Tests Preparation

Free Online Quiz

Intelligence Test

AFNS ISSB PAF Pak Army Age Problem Blood Relations

Practice Test English General Knowledge Islamiat Pak Studies Urdu

HEC LAT FLP 1 HEC LAT FLP 2

Entry Test Accounting Commerce Economics English Quantitative Reasoning

Practice Test Grammar Reading Vocabulary

OET FLP 1 OET FLP 2

View All Tests →

Advertisement

AN Global Education

International Entry Tests

GRE Subject ACCA ACT IELTS MCAT

View All International Tests →

Follow Us

Facebook YouTube WhatsApp Instagram

Stay updated with latest news & updates

Aggregate Calculator

Calculate your MDCAT aggregate for MBBS admissions

Calculate Now →

© 2026 Pak Admissions. All Rights Reserved.

About Us Contact Us Disclaimer Privacy Policy Admin Login