Taxation Ruling
TR 2013/4
TR 2013/4 - Income tax: effective life of depreciating assets (applicable from 1 July 2013)
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TR 2013/4 - Effective lives (Industry Categories)
Table A as at 1 July 2013 - PROFESSIONAL,SCIENTIFIC AND TECHNICAL SERVICES
|
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES
( 69100 TO 70000 ) |
|||
|
Surveying and mapping services
( 69220 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Surveyors' instruments: | |||
| Geodimeter (electronic) | 10 | 1 Jan 2001 | |
| Laser beam survey equipment | 10 | 1 Jan 2001 | |
| Levels | 20 | 1 Jan 2001 | |
| Stereoplotters (for making surveys from aerial photography etc) | 10 | 1 Jan 2001 | |
| Theodolites | 20 | 1 Jan 2001 | |
|
Veterinary services
( 69700 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Veterinarians' assets: | |||
| Anaesthesia machines | 10 | * | 1 Jan 2004 |
| Animal blow dryers | 5 | * | 1 Jan 2004 |
| Animal cages: | |||
| Fibreglass, plastic and polyethylene cages | 10 | * | 1 Jan 2004 |
| Stainless steel cages | 20 | * | 1 Jan 2004 |
| Animal patient monitoring assets (including blood pressure monitors, CO 2 end-tidal monitors, ECGs and pulse oximeters) | 7 | * | 1 Jan 2004 |
| Animal scales | 7 | * | 1 Jan 2004 |
| Dental assets: | |||
| Dental units | 10 | * | 1 Jan 2004 |
| Ultrasonic scalers (standalone) | 10 | * | 1 Jan 2004 |
| Diagnostic assets (including ophthalmoscope, otoscope, handles and power supply) | 10 | * | 1 Jan 2004 |
| Electrocautery units | 10 | * | 1 Jan 2004 |
| Electroejaculators | 6 | * | 1 Jan 2004 |
| Hydrobaths | 8 | * | 1 Jan 2004 |
| Pathology assets: | |||
| Centrifuges | 5 | * | 1 Jan 2004 |
| Laboratory analysers: | |||
| Electrolyte analysers | 4 | * | 1 Jan 2004 |
| Generally | 5 | * | 1 Jan 2004 |
| Microscopes | 10 | * | 1 Jan 2004 |
| Surgery lights | 10 | * | 1 Jan 2004 |
| Tables and tubs | 20 | * | 1 Jan 2004 |
| Ultrasound systems (incorporating scanner, transducers, integrated computer and integrated software) | 5 | * | 1 Jan 2004 |
| X-ray assets (excluding direct radiography assets): | |||
| Mobile or portable x-ray units | 10 | * | 1 Jan 2004 |
| X-ray processors - automatic | 10 | * | 1 Jan 2004 |
|
Professional photographic services
( 69910 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Photographers' plant: | |||
| Cameras: | |||
| Generally (including lenses, electronic flash units, enlargers etc) | 10 | 1 Jan 2001 | |
| Used for street photography | 4 | 1 Jan 2001 | |
| Dark rooms (demountable - not integral part of building) | 20 | 1 Jan 2001 | |
Not issued as a draft
References
ATO references:
NO 99/132027; 2000/20567; 2003/11601; 2004/17815; 2005/6504; 2005/18073; 2006/25212; 2007/7796; 2008/9394; 2009/5704; 1-20KCCA6; 1-2Z8ZAX4; 1-3VCCZ0O; 1-4NMTK3G
Related Rulings/Determinations:
IT 2685
TR 2000/18
TR 2006/5
TR 2006/15
TR 2007/3
TR 2008/4
TR 2009/4
TR 2010/2
TR 2011/2
TR 2012/2
Subject References:
capped lives
determination of effective life
decline in value
depreciating assets
effective life
effective life determination
Legislative References:
ITAA 1997
ITAA 1997 Div 40
ITAA 1997 40-70(1)
ITAA 1997 40-72(1)
ITAA 1997 40-75(1)
ITAA 1997 40-95
ITAA 1997 40-100
ITAA 1997 40-100(5)
ITAA 1997 40-100(6)(b)
ITAA 1997 40-102(4)
ITAA 1997 40-102(4A)
ITAA 1997 40-105
ITAA 1997 40-110
TAA 1953
| Date: | Version: | Change: | |
| You are here | 26 June 2013 | Consolidated ruling |