Taxation Ruling
TR 2014/4
TR 2014/4 - Income tax: effective life of depreciating assets (applicable from 1 July 2014)
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Please note that the PDF version is the authorised consolidated version of this ruling and amending notices.This Ruling, which applies from 1 July 2014, replaces TR 2013/4 (see paragraph 5 of this Ruling for further details).This document has changed over time. View its history.
TR 2014/4 - Effective lives (Industry Categories)
Table A as at 1 July 2014 - ADMINISTRATIVE AND SUPPORT SERVICES
|
ADMINISTRATIVE AND SUPPORT SERVICES
( 72110 to 73200 ) |
|||
|
Building and other industrial cleaning services
(73110) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Air purifiers, deodorising and mould remediation assets (including air filtering machines, air scrubbers and ozone generators) | 5 | * | 1 Jul 2010 |
| Batteries, deep cycle (including those used in ride-on polishers, scrubbers, sweepers and vacuum cleaners) | 2 | * | 1 Jul 2010 |
| Drying and restoration assets (including air movers and dehumidifiers) | 5 | * | 1 Jul 2010 |
| Extractors for carpet and upholstery cleaning: | |||
| Spot extractors (including portable handheld and brief case size extractors for stain removal) | 3 | * | 1 Jul 2010 |
| Other (including walk behind and self-contained carpet extractors) | 5 | * | 1 Jul 2010 |
| Truck or van mounted | 10 | * | 1 Jul 2010 |
| Polishing, carpet cleaning and floor stripping assets (including floor polishers, burnishers, rotary scrubbers, encapsulation machines and floor strippers): | |||
| Portable | 5 | * | 1 Jul 2010 |
| Ride-on | 5 | * | 1 Jul 2010 |
| Pressure washers: | |||
| Portable | 4 | * | 1 Jul 2010 |
| Trailer or truck mounted | 7 | * | 1 Jul 2010 |
| Scrubbers, hard floor: | |||
| Portable | 5 | * | 1 Jul 2010 |
| Ride-on | 7 | * | 1 Jul 2010 |
| Steam cleaners for sanitising floor and surfaces | 5 | * | 1 Jul 2010 |
| Sweepers, hard floor: | |||
| Portable | 5 | * | 1 Jul 2010 |
| Ride-on | 7 | * | 1 Jul 2010 |
| Road sweeper trucks (including sweepers) [22] | 10 | * # | 1 Jul 2010 |
| Vacuum cleaners: | |||
| Backpack and pull along machines | 3 | * | 1 Jul 2010 |
| Other portable (including upright machines) | 5 | * | 1 Jul 2010 |
| Ride-on or stand on | 7 | * | 1 Jul 2010 |
|
Gardening services
(73130) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Arboriculture and gardening services: | |||
| Blowers | 3 | * | 1 Jan 2004 |
| Brushcutters (including whipper snippers) | 2 | * | 1 Jan 2004 |
| Chainsaws (including pole pruners) | 2 | * | 1 Jan 2004 |
| Elevating work platforms | 15 | * | 1 Jan 2004 |
| Hand tools (including pruner, rake, hedge shears, loppers and tree saws) | 3 | * | 1 Jan 2004 |
| Hedge trimmers | 4 | * | 1 Jan 2004 |
| Lawn edgers (excluding brushcutters) | 4 | * | 1 Jan 2004 |
| Lawn mowers: | |||
| Cylinder | 7 | * | 1 Jan 2004 |
| Push (rotary) | 2 | * | 1 Jan 2004 |
| Self propelled (rotary) | 2 | * | 1 Jan 2004 |
| Ride-ons | 5 | * | 1 Jan 2004 |
| Stump grinders | 5 | * | 1 Jan 2004 |
| Tractors | 8 | * | 1 Jan 2004 |
| Tractor attachments: | |||
| Roller mowers | 4 | * | 1 Jan 2004 |
| Slashers | 4 | * | 1 Jan 2004 |
| Trailers used to carry tree and grass clippings | 5 | * | 1 Jan 2004 |
| Tree climbing assets: | |||
| Climbing hardware (including carabineers, figure of 8 and lowering pullies) | 1 | * | 1 Jan 2004 |
| Climbing spurs | 10 | * | 1 Jan 2004 |
| Friction lowering devices | 10 | * | 1 Jan 2004 |
| Harness | 3 | * | 1 Jan 2004 |
| Ropes | 1 | * | 1 Jan 2004 |
| Wood chippers | 8 | * | 1 Jan 2004 |
|
Packaging services
(73200) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Fruit and vegetables pack houses assets used off farm: | |||
| Banana assets: | |||
| Air rams | 3 | * | 1 Jul 2008 |
| Bunch lines | 10 | * | 1 Jul 2008 |
| Choppers/mulchers | 4 | * | 1 Jul 2008 |
| Rails (including points) | 15 | * | 1 Jul 2008 |
| Scrap conveyors | 5 | * | 1 Jul 2008 |
| Tops | 8 | * | 1 Jul 2008 |
| Water troughs | 10 | * | 1 Jul 2008 |
| General assets: | |||
| Bins | 5 | * | 1 Jul 2008 |
| Bin tippers | 15 | * | 1 Jul 2008 |
| Conveyors (including elevators) | 10 | * | 1 Jul 2008 |
| Drying tunnels | 15 | * | 1 Jul 2008 |
| Fungicide units | 10 | * | 1 Jul 2008 |
| Receival hoppers (including water dumps) | 10 | * | 1 Jul 2008 |
| Tables (including packing and sorting tables) | 15 | * | 1 Jul 2008 |
|
Washing assets (including brush and barrel
washers) |
10 | * | 1 Jul 2008 |
| Waxing assets | 10 | * | 1 Jul 2008 |
| Graders: | |||
| Electronic | 10 | * | 1 Jul 2008 |
| Mechanical | 15 | * | 1 Jul 2008 |
| Optical | 8 | * | 1 Jul 2008 |
| Labelling assets: | |||
| Labelling applicators (including in line labellers) | 8 | * | 1 Jul 2008 |
| Labelling guns | 3 | * | 1 Jul 2008 |
| Tree nuts assets: | |||
| Crackers | 7 | * | 1 Jul 2008 |
| Drying silos | 15 | * | 1 Jul 2008 |
|
Separating assets (including air separators,
trommels and vibrating screens) |
10 | * | 1 Jul 2008 |
|
Packing assets (including bagging and wrapping
machines) |
10 | * | 1 Jul 2008 |
| Scales (excluding platform scales) | 5 | * | 1 Jul 2008 |
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; 1-5EJ20VG
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
TR 2013/4
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
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2014 (No. 1)
| Date: | Version: | Change: | |
| 25 June 2014 | Original ruling | ||
| 16 July 2014 | Consolidated ruling | Erratum | |
| You are here | 6 August 2014 | Consolidated ruling | Addendum |