Treatment as depreciating assets or capital works
‘Own estimate’ refers to the fact that there was no Commissioner’s determination in effect in:
- Table 3: Assets – general
- Table 4: Machinery
- Table 5: Air conditioning assets
- Table 6: Evaporative coolers
Consequently, you make your own estimate of the effective life in accordance with the principles set out in Working out the effective life yourself.
You may not be able to claim a deduction for a decline in value of certain second-hand depreciating assets in your residential rental property. If you use these assets to produce rental income from your residential rental property, deductions are available only if an exception applies. See Limit on deductions for decline in value of second-hand depreciating assets.
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019 | Capital works deduction |
---|---|---|---|---|
Air conditioning assets | see table 5 | see table 5 | see table 5 | - |
Cable trays | - | - | - | Yes |
Ceiling fans | own estimate | 5 | 5 | - |
Clocks, electric | 13 and one-third | 10 | 10 | - |
Cupboards, other than freestanding | - | - | - | Yes |
DVD players | own estimate | 5 | 5 | - |
Door closers | own estimate | 10 | 10 | - |
Door locks and latches (excluding electronic code pads) | - | - | - | Yes |
Door stops, fixed | - | - | - | Yes |
Door stops, freestanding | own estimate | 10 | 10 | - |
Electrical assets (including conduits, distribution boards, power points, safety switches, switchboards, switches and wiring) | - | - | - | Yes |
Escalators (machinery and moving parts) | see table 4 | see table 4 | see table 4 | - |
Evaporative coolers | see table 6 | see table 6 | see table 6 | - |
Facade, fixed | - | - | - | Yes |
Floor coverings, fixed (including cork, linoleum, parquetry, tiles and vinyl) | - | - | - | Yes |
Floor coverings (removable without damage): carpet | 10 | 10 | 8 | - |
Floor coverings (removable without damage): floating timber | own estimate | 15 | 15 | - |
Floor coverings (removable without damage): linoleum | 10 | 10 | 10 | - |
Floor coverings (removable without damage): vinyl | 10 | 10 | 10 | - |
Furniture, freestanding | 13 and one-third | 13 and one-third | 13 and one-third | - |
Garbage bins | 6 and two-thirds | 10 | 10 | - |
Garbage chutes | - | - | - | Yes |
Garbage compacting systems (excluding chutes) | 6 and two-thirds | 6 and two-thirds | 6 and two-thirds | - |
Generators | 20 | 20 | 20 | - |
Grease traps | - | - | - | Yes |
Gym assets: cardiovascular | own estimate | 5 | 5 | - |
Gym assets: resistance | own estimate | 10 | 10 | - |
Hand dryers, electrical | 10 | 10 | 10 | - |
Hand rails | - | - | - | Yes |
Heaters – fixed: ducts, pipes, vents and wiring | - | - | - | Yes |
Heaters – fixed: electric | 10 | 15 | 15 | - |
Heaters – fixed: fire places (including wood heaters) | - | - | - | Yes |
Heaters – gas: ducted central heating unit | own estimate | 20 | 20 | - |
Heaters – gas: other | own estimate | 15 | 15 | - |
Heaters – freestanding | 10 | 15 | 15 | - |
Home automation control assets | own estimate | own estimate | 10 | - |
Hooks, robe | - | - | - | Yes |
Hot-water systems (excluding piping): electric | 20 | 12 | 12 | - |
Hot-water systems (excluding piping): gas | 20 | 12 | 12 | - |
Hot-water systems (excluding piping): solar | 20 | 15 | 15 | - |
Hot-water system piping | - | - | - | Yes |
Hydronic assets – controls | own estimate | own estimate | 10 | - |
Hydronic assets – water heaters | own estimate | own estimate | 15 | - |
Insulation | - | - | - | Yes |
Intercom system assets | own estimate | 10 | 10 | - |
Lift wells | - | - | - | Yes |
Lifts (including hydraulic and traction lifts) | see table 4 | see table 4 | see table 4 | - |
Lights: fittings (excluding hardwired) | 20 | 5 | 5 | - |
Lights: fittings, hardwired | - | - | - | Yes |
Lights: freestanding | own estimate | 5 | 5 | - |
Lights: shades, removable | own estimate | 5 | 5 | - |
Linen | own estimate | 5 | 5 | - |
Master antenna television (MATV) assets: amplifiers | own estimate | 10 | 10 | - |
Master antenna television (MATV) assets: modulators | own estimate | 10 | 10 | - |
Master antenna television (MATV) assets: power sources | own estimate | 10 | 10 | - |
Master antenna television (MATV) assets (excluding amplifiers, modulators and power sources) | - | - | - | Yes |
Mirrors, fixed | - | - | - | Yes |
Mirrors, freestanding | own estimate | 15 | 15 | - |
Radios | 10 | 10 | 10 | - |
Ramps | - | - | - | Yes |
Rugs | own estimate | 7 | 7 | - |
Safes, fixed | - | - | - | Yes |
Sanitary fixtures, fixed (including soap dispensers) | - | - | - | Yes |
Satellite dishes | - | - | - | Yes |
Screens | - | - | - | Yes |
Shelving, other than freestanding | - | - | - | Yes |
Shutters | - | - | - | Yes |
Signs, fixed | - | - | - | Yes |
Skylights | - | - | - | Yes |
Skylights – controls | own estimate | own estimate | 10 | - |
Skylights – motors | own estimate | own estimate | 10 | - |
Solar-powered generating systems (incorporating batteries, inverters, solar panels, regulators) | own estimate | 20 | 20 | - |
Stereo systems (incorporating amplifiers, cassette players, compact disc players, radios and speakers) | own estimate | 7 | 7 | - |
Surround sound systems (incorporating audio-video receivers and speakers) | own estimate | 10 | 10 | - |
Telecommunications assets: cordless phones | own estimate | 4 | 4 | - |
Telecommunications assets: distribution frames | - | - | - | Yes |
Telecommunications assets: PABX computerised assets | 20 | 10 | 7 | - |
Telecommunications assets: telephone hand sets | own estimate | 10 | 6 | - |
Television antennas, fixed | - | - | - | Yes |
Television antennas, freestanding | own estimate | 5 | 5 | - |
Television sets | 10 | 10 | 8 | - |
Vacuum cleaners – ducted: hoses | own estimate | 10 | 10 | - |
Vacuum cleaners – ducted: motors | own estimate | 10 | 10 | - |
Vacuum cleaners – ducted: wands | own estimate | 10 | 10 | - |
Vacuum cleaners – portable | 10 | 10 | 10 | - |
Vacuum cleaners, ducted (excluding hoses, motors and wands) | - | - | - | Yes |
Ventilation ducting and vents | - | - | - | Yes |
Ventilation fans | own estimate | 20 | 20 | - |
Video cassette recorder systems (VCR) | own estimate | 5 | 5 | - |
Water pumps – | 20 | 20 | 20 | - |
Water pumps – rainwater tanks | 20 | 20 | 5 | - |
Water pumps – | 20 | 20 | 8 | - |
Water tanks | - | - | - | Yes |
Window awnings, insect screens, louvres, pelmets and tracks | - | - | - | Yes |
Window blinds, internal | 20 | 10 | 10 | - |
Window curtains | 6 and two-thirds | 6 | 6 | - |
Window shutters, automatic: controls | own estimate | 10 | 10 | - |
Window shutters, automatic: motors | own estimate | 10 | 10 | - |
Window shutters, automatic (excluding controls and motors) | - | - | - | Yes |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019 | Capital works deduction |
---|---|---|---|---|
Accessories, fixed (including mirrors, rails, soap holders and toilet roll holders) | - | - | - | Yes |
Accessories, freestanding (including shower caddies, soap holders, toilet brushes) | own estimate | 5 | 3 | - |
Exhaust fans (including light/heating) | own estimate | 10 | 10 | - |
Fixtures (including baths, bidets, tapware, toilets, vanity units and wash basins) | - | - | - | Yes |
Heated towel rails, electric | own estimate | 10 | 10 | - |
Shower assets (including doors, rods, screens and trays) | - | - | - | Yes |
Shower curtains (excluding curtain rods and screens) | own estimate | 2 | 2 | - |
Spa baths (excluding pumps) | - | - | - | Yes |
Spa bath pumps | 20 | 20 | 10 | - |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 | Capital works deduction |
---|---|---|---|
Wardrobes, other than freestanding (incorporating doors, fixed fittings and mirrors) | - | - | Yes |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 | Capital works deduction |
---|---|---|---|
Alarms: heat | 20 | 6 | - |
Alarms: smoke | 20 | 6 | - |
Detection and alarm systems: alarm bells | 20 | 12 | - |
Detection and alarm systems: cabling and reticulation | - | - | Yes |
Detection and alarm systems: detectors (including addressable manual call points, heat, multi-type and smoke) | own estimate | 20 | - |
Detection and alarm systems: fire indicator panels | 20 | 12 | - |
Detection and alarm systems: manual call points (non-addressable) | - | - | Yes |
Doors, fire and separation | - | - | Yes |
Emergency warning and intercommunication systems (EWIS): master emergency control panels | 20 | 12 | - |
Emergency warning and intercommunication systems (EWIS): speakers | 20 | 12 | - |
Emergency warning and intercommunication systems (EWIS): strobe lights | 20 | 12 | - |
Emergency warning and intercommunication systems (EWIS): warden intercom phone | 20 | 12 | - |
Extinguishers | 13 and one-third | 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: AC variable speed drives | own estimate | 10 | - |
Stair pressurisation assets: pressurisation and extraction fans | own estimate | 25 | - |
Stair pressurisation assets: sensors | own estimate | 10 | - |
Water piping | - | - | Yes |
Water tanks | - | - | Yes |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019 | Capital works deduction |
---|---|---|---|---|
Cook tops | own estimate | 12 | 12 | - |
Crockery | own estimate | 5 | 5 | - |
Cutlery | own estimate | 5 | 5 | - |
Dishwashers | own estimate | 10 | 8 | - |
Fixtures (including bench tops, cupboards, sinks, tapware and tiles) | - | - | - | Yes |
Freezers | 13 and one-third | 12 | 12 | - |
Garbage disposal units | 6 and two-thirds | 10 | 10 | - |
Microwave ovens | 6 and two-thirds | 10 | 8 | - |
Ovens | own estimate | 12 | 12 | - |
Range hoods | own estimate | 12 | 12 | - |
Refrigerators | 13 and one-third | 12 | 12 | - |
Stoves | 20 | 12 | 12 | - |
Water filters, electrical | own estimate | 15 | 15 | - |
Water filters, fixed (attached to plumbing) | - | - | - | Yes |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019 | Capital works deduction |
---|---|---|---|---|
Clothes dryers | own estimate | 10 | 7 | - |
Fixtures (including tapware, tiles and tubs) | - | - | - | Yes |
Ironing boards, freestanding | own estimate | 7 | 5 | - |
Ironing boards, other than freestanding | - | - | - | Yes |
Irons | own estimate | 5 | 5 | - |
Washing machines | 6 and two-thirds | 10 | 8 | - |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019 | Capital works deduction |
---|---|---|---|---|
Automatic garage doors: controls | own estimate | 5 | 5 | - |
Automatic garage doors: motors | own estimate | 10 | 10 | - |
Automatic garage doors (excluding controls and motors) | - | - | - | Yes |
Barbecues – fixed | - | - | - | Yes |
Barbecues – fixed: sliding trays and cookers | own estimate | 10 | 10 | - |
Barbecues - freestanding | own estimate | 5 | 5 | - |
Boat sheds | - | - | - | Yes |
Bollards, fixed | - | - | - | Yes |
Car parks, sealed | - | - | - | Yes |
Carports | - | - | - | Yes |
Clotheslines | - | - | - | Yes |
Driveways, sealed | - | - | - | Yes |
Fencing | - | - | - | Yes |
Floor carpet (including artificial grass and matting) | own estimate | 5 | 5 | - |
Folding arm awnings – | own estimate | own estimate | 10 | - |
Folding arm awnings – | own estimate | own estimate | 10 | - |
Furniture, freestanding | 13 and one-third | 5 | 5 | - |
Furniture, other than freestanding | - | - | - | Yes |
Garage doors (excluding motors and controls) | - | - | - | Yes |
Garden awnings and shade structures, fixed | - | - | - | Yes |
Gardening watering installations: control panels | own estimate | 5 | 5 | - |
Gardening watering installations: pumps | 20 | 5 | 5 | - |
Gardening watering installations: timing devices | own estimate | 5 | 5 | - |
Gardening watering installations (excluding control panels, pumps and timing devices) | - | - | - | Yes |
Garden lights, fixed | - | - | - | Yes |
Garden lights, solar | own estimate | 8 | 5 | - |
Garden sheds, freestanding | own estimate | 15 | 15 | - |
Garden sheds, other than freestanding | - | - | - | Yes |
Gates, electrical: controls | own estimate | 5 | 5 | - |
Gates, electrical: motors | own estimate | 10 | 10 | - |
Gates (excluding electrical controls and motors) | - | - | - | Yes |
Jetties (including boat sheds and pontoons) | - | - | - | Yes |
Letterboxes | - | - | - | Yes |
Operable pergola louvres: controls | own estimate | 15 | 15 | - |
Operable pergola louvres: motors | own estimate | 15 | 15 | - |
Operable pergola louvres (excluding controls and motors) | - | - | - | Yes |
Paths | - | - | - | Yes |
Rainwater tanks – galvanised steel | own estimate | own estimate | 25 | - |
Rainwater tanks – polyethylene | own estimate | own estimate | 15 | - |
Roller blinds – controls | own estimate | own estimate | 10 | - |
Roller blinds – motors | own estimate | own estimate | 10 | - |
Retaining walls | - | - | - | Yes |
Saunas (excluding heating assets) | - | - | - | Yes |
Sauna heating assets | 13 and one-third | 15 | 15 | - |
Screens, fixed (including glass screens) | - | - | - | Yes |
Septic tanks | - | - | - | Yes |
Sewage treatment assets: controls | own estimate | 8 | 8 | - |
Sewage treatment assets: motors | own estimate | 8 | 8 | - |
Sewage treatment assets (excluding controls and motors) | - | - | - | Yes |
Spas – fixed | - | - | - | Yes |
Spas – fixed: chlorinators | 13 and one-third | 12 | 10 | - |
Spas – fixed: filtration (including pumps) | 13 and one-third | 12 | 10 | - |
Spas – fixed: heaters (electric or gas) | 13 and one-third | 15 | 15 | - |
Spas freestanding (incorporating blowers, controls, filters, heaters and pumps) | 20 | 17 | 17 | - |
Swimming pool assets: chlorinators | 13 and one-third | 12 | 10 | - |
Swimming pool assets – cleaning | 13 and one-third | 7 | 7 | - |
Swimming pool assets – covers (including blankets) | own estimate | own estimate | 8 | - |
Swimming pool assets – filtration (including pumps) | 13 and one-third | 12 | 10 | - |
Swimming pool assets – electric heaters | 13 and one-third | 15 | 15 | - |
Swimming pool assets – gas heaters | 13 and one-third | 15 | 15 | - |
Swimming pool assets – solar heaters | 13 and one-third | 20 | 20 | - |
Swimming pools | - | - | - | Yes |
Tennis court assets – cleaners | own estimate | 3 | 3 | - |
Tennis court assets – drag brooms | own estimate | 3 | 3 | - |
Tennis court assets – nets | own estimate | 5 | 5 | - |
Tennis court assets – rollers | own estimate | 3 | 3 | - |
Tennis court assets – umpire chairs | own estimate | 15 | 15 | - |
Tennis court assets, fixed (including fences, lights, posts and surfaces) | - | - | - | Yes |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 | Capital works deduction |
---|---|---|---|
Access control systems: code pads | own estimate | 5 | - |
Access control systems: door controllers | own estimate | 5 | - |
Access control systems –proximity readers | own estimate | 7 | - |
Access control systems – swipe card readers | own estimate | 3 | - |
Closed circuit television systems – cameras | 6 and two-thirds | 4 | - |
Closed circuit television systems – monitors | 6 and two-thirds | 4 | - |
Closed circuit television systems – digital recorders | own estimate | 4 | - |
Closed circuit television systems – time lapse recorders | own estimate | 2 | - |
Switching units (including multiplexes) | own estimate | 5 | - |
Doors and screens | - | - | Yes |
Security systems – | 6 and two-thirds | 5 | - |
Security systems – | 6 and two-thirds | 5 | - |
Detectors (including glass, passive infrared, and vibration) | 6 and two-thirds | 5 | - |
Detectors – global system for mobiles (GSM) units (including glass, passive infrared, and vibration) | 6 and two-thirds | 5 | - |
Detector noise makers (including bells and sirens) | 6 and two-thirds | 5 | - |
Asset | Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004 | Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 | Capital works deduction |
---|---|---|---|
Central type (including ducting and vents) | 13 and one-third | - | - |
Structural alterations and additions associated with the installation of this plant which forms an integral part of it | 100 | - | - |
Room units | 10 | - | - |
Solar-energy powered | 13 and one-third | - | - |
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