Treatment as depreciating assets or capital works
In the following list, 'Own estimate' refers to the fact that there was no Commissioner's determination in effect, and you may make an estimate of the effective life in accordance with the principles set out at Working out the effective life yourself.
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
air conditioning assets |
See Table 3 |
- |
- |
cable trays |
- |
- |
yes |
ceiling fans |
Own estimate |
5 |
- |
clocks, electric |
13 1/3 |
10 |
- |
cupboards, other than freestanding |
- |
- |
yes |
digital video display (DVD) players |
Own estimate |
5 |
- |
door closers |
Own estimate |
10 |
- |
door locks and latches (excluding electronic code pads) |
- |
- |
yes |
door stops, fixed |
- |
- |
yes |
door stops, freestanding |
Own estimate |
10 |
- |
electrical assets (including conduits, distribution boards, power points, safety switches, switchboards, switches and wiring) |
- |
- |
yes |
escalators (machinery and moving parts) |
See Table 2 |
- |
- |
facade, fixed |
- |
- |
- |
floor coverings, fixed (including cork, linoleum, parquetry, tiles and vinyl) |
- |
- |
yes |
floor coverings (removable without damage): |
- |
- |
- |
|
10 |
10 |
- |
|
Own estimate |
15 |
- |
|
10 |
10 |
- |
|
10 |
10 |
- |
furniture, freestanding |
13 1/3 |
13 1/3 |
- |
garbage bins |
6 2/3 |
10 |
- |
garbage chutes |
- |
- |
yes |
garbage compacting systems (excluding chutes) |
6 2/3 |
6 2/3 |
- |
generators |
20 |
20 |
- |
grease traps |
- |
- |
yes |
gym assets: |
- |
- |
- |
|
Own estimate |
5 |
- |
|
Own estimate |
10 |
- |
hand dryers, electrical |
10 |
10 |
- |
hand rails |
- |
- |
yes |
heaters: |
- |
- |
- |
|
- |
- |
- |
|
- |
- |
yes |
|
10 |
15 |
- |
|
- |
- |
yes |
|
- |
- |
- |
|
Own estimate |
20 |
- |
|
Own estimate |
15 |
- |
|
10 |
15 |
- |
hooks, robe |
- |
- |
yes |
hot water systems (excluding piping): |
- |
- |
- |
|
20 |
12 |
- |
|
20 |
12 |
- |
|
20 |
15 |
- |
hot water system piping |
- |
- |
yes |
Insulation |
- |
- |
yes |
intercom system assets |
Own estimate |
10 |
- |
lift wells |
- |
- |
yes |
lifts (including hydraulic and traction lifts) |
See Table 2 |
- |
- |
lights: |
- |
- |
- |
|
20 |
5 |
- |
|
- |
- |
yes |
|
Own estimate |
5 |
- |
|
Own estimate |
5 |
- |
linen |
Own estimate |
5 |
- |
master antenna television (MATV) assets: |
- |
- |
- |
|
Own estimate |
10 |
- |
|
Own estimate |
10 |
- |
|
Own estimate |
10 |
- |
master antenna television (MATV) assets (excluding amplifiers, modulators and power sources) |
- |
- |
yes |
mirrors, fixed |
- |
- |
yes |
mirrors, freestanding |
Own estimate |
15 |
- |
radios |
10 |
10 |
- |
ramps |
- |
- |
yes |
rugs |
Own estimate |
7 |
- |
safes, fixed |
- |
- |
yes |
sanitary fixtures, fixed (including soap dispensers) |
- |
- |
yes |
satellite dishes |
- |
- |
yes |
screens |
- |
- |
yes |
shelving, other than freestanding |
- |
- |
yes |
shutters |
- |
- |
- |
signs, fixed |
- |
- |
yes |
skylights |
- |
- |
yes |
solar powered generating system assets |
Own estimate |
20 |
- |
stereo systems (incorporating amplifiers, cassette players, compact disc players, radios and speakers) |
Own estimate |
7 |
- |
surround sound systems (incorporating audio-video receivers and speakers) |
Own estimate |
10 |
- |
|
|
|
|
Telecommunications assets: |
- |
- |
- |
|
Own estimate |
4 |
- |
|
- |
- |
yes |
|
20 |
10 |
- |
|
Own estimate |
10 |
- |
television antennas, fixed |
- |
- |
yes |
television antennas, freestanding |
Own estimate |
5 |
- |
television sets |
10 |
10 |
- |
vacuum cleaners: |
- |
- |
- |
|
- |
- |
- |
|
Own estimate |
10 |
- |
|
Own estimate |
10 |
- |
|
Own estimate |
10 |
- |
|
10 |
10 |
- |
vacuum cleaners, ducted (excluding hoses, motors and wands) |
- |
- |
yes |
ventilation ducting and vents |
- |
- |
yes |
ventilation fans |
Own estimate |
20 |
- |
video cassette recorder systems (VCR) |
Own estimate |
5 |
- |
water pumps |
20 |
20 |
- |
water tanks |
- |
- |
yes |
window awnings, insect screens, louvres, pelmets and tracks |
- |
- |
yes |
window blinds, internal |
20 |
10 |
- |
window curtains |
6 2/3 |
6 |
- |
window shutters, automatic: |
- |
- |
- |
controls |
Own estimate |
10 |
- |
motors |
Own estimate |
10 |
- |
window shutters, automatic (excluding controls and motors) |
- |
- |
yes |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
accessories, fixed (including mirrors, rails, soap holders and toilet roll holders) |
- |
- |
yes |
accessories, freestanding (including shower caddies, soap holders, toilet brushes) |
Own estimate |
5 |
- |
exhaust fans (including light/heating) |
Own estimate |
10 |
- |
fixtures (including baths, bidets, tap ware, toilets, vanity units and wash basins) |
- |
- |
yes |
heated towel rails, electric |
Own estimate |
10 |
- |
shower assets (including doors, rods, screens and trays) |
- |
- |
yes |
shower curtains (excluding curtain rods and screens) |
Own estimate |
2 |
- |
spa baths (excluding pumps) |
- |
- |
yes |
spa bath pumps |
20 |
20 |
- |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
wardrobes, other than freestanding (incorporating doors, fixed fittings and mirrors) |
- |
- |
yes |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
alarms: |
- |
- |
- |
|
20 |
6 |
- |
|
20 |
6 |
- |
detection and alarm systems: |
- |
- |
- |
|
20 |
12 |
- |
|
- |
- |
yes |
|
Own estimate |
20 |
- |
|
20 |
12 |
- |
|
- |
- |
yes |
|
- |
- |
yes |
emergency warning and intercommunication systems (EWIS): |
- |
- |
- |
|
20 |
12 |
- |
|
20 |
12 |
- |
|
20 |
12 |
- |
|
20 |
12 |
- |
extinguishers |
13 1/3 |
15 |
- |
hose cabinet and reels (excluding hoses and nozzles) |
- |
- |
yes |
hoses and nozzles |
20 |
10 |
- |
hydrant boosters (excluding pumps) |
- |
- |
yes |
hydrants |
- |
- |
yes |
lights, exit and emergency |
- |
- |
yes |
pumps (including diesel and electric) |
20 |
25 |
- |
sprinkler systems (excluding pumps) |
- |
- |
yes |
stair pressurisation assets: |
- |
- |
- |
|
Own estimate |
10 |
- |
|
Own estimate |
25 |
- |
|
Own estimate |
10 |
- |
water piping |
- |
- |
yes |
water tanks |
- |
- |
yes |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
cook tops |
Own estimate |
12 |
- |
crockery |
Own estimate |
5 |
- |
cutlery |
Own estimate |
5 |
- |
dishwashers |
Own estimate |
10 |
- |
fixtures (including bench tops, cupboards, sinks, tap ware and tiles) |
- |
- |
yes |
freezers |
13 1/3 |
12 |
- |
garbage disposal units |
6 2/3 |
10 |
- |
microwave ovens |
6 2/3 |
10 |
- |
ovens |
Own estimate |
12 |
- |
range hoods |
Own estimate |
12 |
- |
refrigerators |
13 1/3 |
12 |
- |
stoves |
20 |
12 |
- |
water filters, electrical |
Own estimate |
15 |
- |
water filters, fixed (attached to plumbing) |
- |
- |
yes |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
clothes dryers |
Own estimate |
10 |
- |
fixtures (including tap ware, tiles and tubs) |
- |
- |
yes |
ironing boards, freestanding |
Own estimate |
7 |
- |
ironing boards, other than freestanding |
- |
- |
yes |
irons |
Own estimate |
5 |
- |
washing machines |
6 2/3 |
10 |
- |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
automatic garage doors: |
- |
- |
- |
|
Own estimate |
5 |
- |
|
Own estimate |
10 |
- |
automatic garage doors (excluding controls and motors) |
- |
- |
yes |
barbecues: |
- |
- |
- |
|
- |
- |
yes |
|
Own estimate |
10 |
- |
|
Own estimate |
5 |
- |
boat sheds |
- |
- |
yes |
bollards, fixed |
- |
- |
yes |
car parks, sealed |
- |
- |
yes |
carports |
- |
- |
yes |
clotheslines |
- |
- |
yes |
driveways, sealed |
- |
- |
yes |
fencing |
- |
- |
- |
floor carpet (including artificial grass and matting) |
Own estimate |
5 |
- |
furniture, freestanding |
13 1/3 |
5 |
- |
furniture, other than freestanding |
- |
- |
yes |
garage doors (excluding motors and controls) |
- |
- |
yes |
garden awnings and shade structures, fixed |
- |
- |
yes |
gardening watering installations: |
- |
- |
- |
|
Own estimate |
5 |
- |
|
20 |
5 |
- |
|
Own estimate |
5 |
- |
gardening watering installations (excluding control panels, pumps and timing devices) |
- |
- |
yes |
garden lights, fixed |
- |
- |
yes |
garden lights, solar |
Own estimate |
8 |
- |
garden sheds, freestanding |
Own estimate |
15 |
- |
garden sheds, other than freestanding |
- |
- |
yes |
gates, electrical: |
- |
- |
- |
|
Own estimate |
5 |
- |
|
Own estimate |
10 |
- |
gates (excluding electrical controls and motors) |
- |
- |
yes |
jetties (including boat sheds and pontoons) |
- |
- |
yes |
letter boxes |
- |
- |
yes |
operable pergola louvres: |
- |
- |
- |
|
Own estimate |
15 |
- |
|
Own estimate |
15 |
- |
operable pergola louvres (excluding controls and motors) |
- |
- |
yes |
paths |
- |
- |
yes |
retaining walls |
- |
- |
yes |
saunas (excluding heating assets) |
- |
- |
yes |
sauna heating assets |
13 1/3 |
15 |
- |
screens, fixed (including glass screens) |
- |
- |
yes |
septic tanks |
- |
- |
yes |
sewage treatment assets: |
- |
- |
- |
|
Own estimate |
8 |
- |
|
Own estimate |
8 |
- |
sewage treatment assets (excluding controls and motors) |
- |
- |
yes |
spas : |
- |
- |
- |
|
- |
- |
yes |
|
13 1/3 |
12 |
- |
|
13 1/3 |
12 |
- |
|
13 1/3 |
15 |
- |
|
20 |
17 |
- |
swimming pool assets: |
- |
- |
- |
|
13 1/3 |
12 |
- |
|
13 1/3 |
7 |
- |
|
13 1/3 |
12 |
- |
heaters: |
- |
- |
- |
|
13 1/3 |
15 |
- |
|
13 1/3 |
15 |
- |
|
13 1/3 |
20 |
- |
swimming pools |
- |
- |
yes |
tennis court assets: |
- |
- |
- |
|
Own estimate |
3 |
- |
|
Own estimate |
3 |
- |
|
Own estimate |
5 |
- |
|
Own estimate |
3 |
- |
|
Own estimate |
15 |
- |
tennis court assets, fixed (including fences, lights, posts and surfaces) |
- |
- |
yes |
Asset |
Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004 |
Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004 |
Capital works deduction (Div 43) |
---|---|---|---|
access control systems: |
- |
- |
- |
|
Own estimate |
5 |
- |
|
Own estimate |
5 |
- |
|
|
|
- |
|
Own estimate |
7 |
- |
|
Own estimate |
3 |
- |
closed circuit television systems: |
- |
- |
- |
|
6 2/3 |
4 |
- |
|
6 2/3 |
4 |
- |
|
- |
- |
- |
|
Own estimate |
4 |
- |
|
Own estimate |
2 |
- |
|
Own estimate |
5 |
- |
doors and screens |
- |
- |
yes |
security systems: |
- |
- |
- |
|
6 2/3 |
5 |
- |
|
6 2/3 |
5 |
- |
detectors (including glass, passive infra-red, and vibration) |
6 2/3 |
5 |
- |
|
6 2/3 |
5 |
- |
|
6 2/3 |
5 |
- |