Taxation Ruling
TR 2021/3
Income tax: effective life of depreciating assets (applicable from 1 July 2021)
-
Please note that the PDF version is the authorised consolidated version of this ruling and amending notices.This document has been Withdrawn.View the Withdrawal notice for this document.This Ruling, which applies from 1 July 2021, replaces TR 2020/3 (see paragraph 6 of this Ruling for further details).
Other services - (94110 to 96030)
|
OTHER SERVICES
(94110 to 96030) |
|
Automotive repair and maintenance
(94110 to 94199) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Automotive and heavy vehicle repair and maintenance assets: | |||
| Air conditioning assets: | |||
| Refrigerant leak detectors | 3 | * | 1 Jul 2011 |
| Refrigerant management systems | 5 | * | 1 Jul 2011 |
| Refrigerant recovery machines | 5 | * | 1 Jul 2011 |
| Refrigerant recovery and recycling machines | 5 | * | 1 Jul 2011 |
| Vacuum pumps | 5 | * | 1 Jul 2011 |
| Air tools (including ratchet guns) | 2 | * | 1 Jul 2011 |
| Automatic transmission flush and fill machines | 5 | * | 1 Jul 2011 |
| Axle and ball joint play testers or shakers | 10 | * | 1 Jul 2011 |
| Battery chargers | 5 | * | 1 Jul 2011 |
| Battery testers | 5 | * | 1 Jul 2011 |
| Brake disc and drum grinding lathes: | |||
| Fixed | 10 | * | 1 Jul 2011 |
| Portable on-car | 5 | * | 1 Jul 2011 |
| Brake fluid testers | 5 | * | 1 Jul 2011 |
| Brake shoe riveters | 5 | * | 1 Jul 2011 |
| Brake system flushers | 5 | * | 1 Jul 2011 |
| Compressed air assets: | |||
| Air compressors: | |||
| Reciprocating | 10 | * | 1 Jul 2011 |
| Rotary screw | 10 | * | 1 Jul 2011 |
| Rotary vane | 10 | * | 1 Jul 2011 |
| Air driers and dehumidifiers | 10 | * | 1 Jul 2011 |
| Air receivers | 10 | * | 1 Jul 2011 |
| Hose reels | 3 | * | 1 Jul 2011 |
| Reticulation lines: | |||
| Aluminium | 15 | * | 1 Jul 2011 |
| Copper | 20 | * | 1 Jul 2011 |
| Polyethylene (PE) | 15 | * | 1 Jul 2011 |
| Steel | 10 | * | 1 Jul 2011 |
| Continuous diesel engine particulate testers | 5 | * | 1 Jul 2011 |
| Cooling system flushers | 5 | * | 1 Jul 2011 |
| Decelerometer brake testers | 7 | * | 1 Jul 2011 |
| Diagnostic assets: | |||
| Diagnostic and roller dynamometers, performance and emissions testers | 10 | * | 1 Jul 2011 |
| Engine analysers | 5 | * | 1 Jul 2011 |
| Electrical test benches | 10 | * | 1 Jul 2011 |
| Fuel injection pump test benches | 5 | * | 1 Jul 2011 |
| Oscilloscopes | 10 | * | 1 Jul 2011 |
| Scan tools | 5 | * | 1 Jul 2011 |
| Diesel engine emission testers | 5 | * | 1 Jul 2011 |
| Drill presses | 15 | * | 1 Jul 2011 |
| Drive-on plate brake, steering and suspension testing machines | 10 | * | 1 Jul 2011 |
| Drive-on shock absorber testers | 10 | * | 1 Jul 2011 |
| Dual wheel removers | 8 | * | 1 Jul 2011 |
| Effluent treatment systems incorporating motors, electronic circuitry, pumps, and separators | 8 | * | 1 Jul 2011 |
| Engine cranes | 10 | * | 1 Jul 2011 |
| Exhaust gas analysers for petrol engines: | |||
| Computer operated | 5 | * | 1 Jul 2011 |
| Standalone | 10 | * | 1 Jul 2011 |
| Exhaust stands | 11 | * | 1 Jul 2011 |
| Flywheel grinders | 13 | * | 1 Jul 2011 |
| Hand tools | 10 | * | 1 Jul 2011 |
| Headlight testers | 7 | * | 1 Jul 2011 |
| Hydraulic brake hose machines | 5 | * | 1 Jul 2011 |
| Hydraulic presses | 10 | * | 1 Jul 2011 |
| Jacks: | |||
| Floor jacks: | |||
| Used for car and light truck repairs | 3 | * | 1 Jul 2011 |
| Used for heavy vehicle repairs | 5 | * | 1 Jul 2011 |
| Transmission jacks: | |||
| Used for car and light truck repairs | 8 | * | 1 Jul 2011 |
| Used for heavy vehicle repairs | 5 | * | 1 Jul 2011 |
| Vehicle positioning jacks | 3 | * | 1 Jul 2011 |
| Lathes | 20 | * | 1 Jul 2011 |
| Measuring assets: | |||
| Micrometers | 10 | * | 1 Jul 2011 |
| Tension wrenches | 5 | * | 1 Jul 2011 |
| Tyre pressure gauges | 5 | * | 1 Jul 2011 |
| Noise level meters | 5 | * | 1 Jul 2011 |
| Oil and grease delivery systems: | |||
| Bunding: | |||
| Polyethylene (PE) pallets | 5 | * | 1 Jul 2011 |
| Rubber | 3 | * | 1 Jul 2011 |
| Distribution lines: | |||
| Polyethylene (PE) | 5 | * | 1 Jul 2011 |
| Rubber | 3 | * | 1 Jul 2011 |
| Steel | 10 | * | 1 Jul 2011 |
| Guns and pumps | 3 | * | 1 Jul 2011 |
| Reels: | |||
| Plastic | 3 | * | 1 Jul 2011 |
| Steel | 7 | * | 1 Jul 2011 |
| Tanks (including waste oil tanks) | 20 | * | 1 Jul 2011 |
| Oil filter crushers | 10 | * | 1 Jul 2011 |
| Parts cleaners and washers | 7 | * | 1 Jul 2011 |
| Pipe and tube benders | 10 | * | 1 Jul 2011 |
| Pipe and tube saws and cutters | 10 | * | 1 Jul 2011 |
| Power steering flushing systems | 5 | * | 1 Jul 2011 |
| Pressure washers | 4 | * | 1 Jul 2011 |
| Sand blasters | 7 | * | 1 Jul 2011 |
| Spring compressors | 5 | * | 1 Jul 2011 |
| Stillages | 15 | * | 1 Jul 2011 |
| Storage shelving | 10 | * | 1 Jul 2011 |
| Toolbox roller cabinets | 7 | * | 1 Jul 2011 |
| Trolleys | 10 | * | 1 Jul 2011 |
| Truck brake imbalance testers | 5 | * | 1 Jul 2011 |
| Tyre conveyors: | |||
| Horizontal | 10 | * | 1 Jul 2011 |
| Vertical | 8 | * | 1 Jul 2011 |
| Tyre fitting machines | 5 | * | 1 Jul 2011 |
| Tyre inflation cages | 10 | * | 1 Jul 2011 |
| Tyre inflators (automatic and manual) | 3 | * | 1 Jul 2011 |
| Tyre spreaders | 8 | * | 1 Jul 2011 |
| Vehicle hoists: | |||
| Used for car and light truck repairs | 10 | * | 1 Jul 2011 |
| Used for heavy vehicle repairs | 20 | * | 1 Jul 2011 |
| Vehicle service and inspection lane assets: | |||
| Control consoles | 10 | * | 1 Jul 2011 |
| Data collection devices (including bar code readers, mobile recorders and transponders) | 5 | * | 1 Jul 2011 |
| Floor unit assets: | |||
| Axle and ball joint play testers or shakers | 10 | * | 1 Jul 2011 |
| Roller brake testers | 10 | * | 1 Jul 2011 |
| Shock absorber testers | 10 | * | 1 Jul 2011 |
| Side slip testers | 10 | * | 1 Jul 2011 |
| Speedometer tester | 10 | * | 1 Jul 2011 |
| Suspension play detectors | 10 | * | 1 Jul 2011 |
| Vehicle special tools | 5 | * | 1 Jul 2011 |
| Waste oil evacuators | 5 | * | 1 Jul 2011 |
| Welders: | |||
| Electric | 10 | * | 1 Jul 2011 |
| Oxy-acetylene | 10 | * | 1 Jul 2011 |
| Wheel alignment machines | 7 | * | 1 Jul 2011 |
| Wheel balancing machines | 5 | * | 1 Jul 2011 |
| Wheel balancing plates, flanges and finger adaptors | 5 | * | 1 Jul 2011 |
| Wheel lifters | 5 | * | 1 Jul 2011 |
| Wheel lifter incorporating tyre spreaders | 8 | * | 1 Jul 2011 |
| Work platform ladders | 10 | * | 1 Jul 2011 |
|
Automotive body, paint and interior repair n.e.c.
(94129) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Car wash and detailing assets: | |||
| Activation and entry station assets (including bay controllers, pay station assets and bank note change machines) | 10 | * | 1 Jul 2009 |
| Automatic car wash assets (including rollover and tunnel washes): | |||
| Friction washer system assets (including gantry, rails and arches and driers) | 10 | * | 1 Jul 2009 |
| Touch free pressure washer system assets (including gantry, rails and arches and driers) | 10 | * | 1 Jul 2009 |
| Car conveyor system assets (incorporating correlators, sensors, tracks and rails) | 15 | * | 1 Jul 2009 |
| Detailing assets: | |||
| Steam cleaners | 10 | * | 1 Jul 2009 |
| Vacuum cleaners | 10 | * | 1 Jul 2009 |
| Hand and self serve car wash assets: | |||
| Ceiling and wall booms | 10 | * | 1 Jul 2009 |
| Large vehicle wash assets: | |||
| Hoists | 20 | * | 1 Jul 2009 |
| Side brush cleaning system assets | 10 | * | 1 Jul 2009 |
| Support assets: | |||
| Door controls and motor drive systems for rapid roller doors (incorporating chains, controls, motors and sensors, but excluding doors) | 10 | * | 1 Jul 2009 |
| Plant room assets: | |||
| Air compressors | |||
| Compressors - reciprocating | 7 | * | 1 Jul 2009 |
| Compressors - screw | 10 | * | 1 Jul 2009 |
| Boilers | 20 | * | 1 Jul 2009 |
| Control systems | 10 | * | 1 Jul 2009 |
| Pumps | 12 | * | 1 Jul 2009 |
| Water treatment assets: | |||
| Filter system assets (including reverse osmosis) | 10 | * | 1 Jul 2009 |
| Tanks | 20 | * | 1 Jul 2009 |
| Vending machines | 5 | * | 1 Jul 2009 |
| Smash repair assets: | |||
| Air compressors | 10 | * | 1 Jul 2009 |
| Dust extraction systems: | |||
| Metal arms | 15 | * | 1 Jul 2009 |
| Stationary vacuum dust collection units | 5 | * | 1 Jul 2009 |
| Frame straightening assets: | |||
| Aligning benches | 15 | * | 1 Jul 2009 |
| Chassis measuring assets: | |||
| Computerised | 10 | * | 1 Jul 2009 |
| Manual | 10 | * | 1 Jul 2009 |
| Hoists | 20 | * | 1 Jul 2009 |
| Painting assets: | |||
| Buffing machines | 3 | * | 1 Jul 2009 |
| Infrared paint dryers: | |||
| Heating arches | 20 | * | 1 Jul 2009 |
| Mobile | 7 | * | 1 Jul 2009 |
| Sanders | 3 | * | 1 Jul 2009 |
| Spectrophotometers | 4 | * | 1 Jul 2009 |
| Spray bake ovens | 12 | * | 1 Jul 2009 |
| Spray guns | 3 | * | 1 Jul 2009 |
| Spray gun washing machines | 5 | * | 1 Jul 2009 |
| Vacuum dust collection mobile units | 3 | * | 1 Jul 2009 |
| Waste water filtering system assets: | |||
| Oil and water separators | 15 | * | 1 Jul 2009 |
| Pumps | 5 | * | 1 Jul 2009 |
| Tanks | 15 | * | 1 Jul 2009 |
| Water pressure cleaners | 3 | * | 1 Jul 2009 |
| Welders | 5 | * | 1 Jul 2009 |
|
Other machinery and equipment repair and maintenance
(94290) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets: | |||
| Field service assets: | |||
| Assets used in field service that are not listed under this sub-heading - use any relevant determination listed under Workshop assets below | |||
| Air compressors | 8 | * | 1 Jul 2015 |
| Cranes | 10 | * | 1 Jul 2015 |
| Cutting machines | 8 | * | 1 Jul 2015 |
| Diagnostic assets | 5 | * | 1 Jul 2015 |
| Lathes | 5 | * | 1 Jul 2015 |
| Line boring machines | 10 | * | 1 Jul 2015 |
| Milling machines | 8 | * | 1 Jul 2015 |
| Turning machines | 8 | * | 1 Jul 2015 |
| Trailers: | |||
| Generally (including comb trailers and tilt trailers) - see Table B Motor vehicles and trailers | |||
| Service trailers (incorporating built-in hoses, built-in pumps, built-in tanks etc) | 10 | * | 1 Jul 2015 |
| Workshop assets: | |||
| Air conditioning service assets (including refrigerant management/charging stations, refrigerant recovery machines, refrigerant recovery and recycling machines and vacuum pumps) | 5 | * | 1 Jul 2015 |
| Air compression assets (including air dryers, air receivers, compressors and packaged air compression systems) | 10 | * | 1 Jul 2015 |
| Battery chargers | 5 | * | 1 Jul 2015 |
| Battery load testers | 5 | * | 1 Jul 2015 |
| Bending machines: | |||
| Folders | 15 | * | 1 Jul 2015 |
| Pipe and tube benders | 10 | * | 1 Jul 2015 |
| Press brakes | 20 | * | 1 Jul 2015 |
| Brake shoe riveting machines | 5 | * | 1 Jul 2015 |
| Brake testers (including in-ground and mobile roller brake testers) | 10 | * | 1 Jul 2015 |
| Boring machines (including floor borers, jib borers, horizontal and vertical boring machines) | 15 | * | 1 Jul 2015 |
| Diagnostic, measuring and testing assets: | |||
| Generally (including co-ordinate measuring machines, dynamometers, electrical testers, flow meters, hardness testers, hydraulic testers and multimeters) | 10 | * | 1 Jul 2015 |
| Laptop diagnostic systems: | |||
| Laptops - see Table B Computers, Laptops | |||
| Machine interface units | 3 | * | 1 Jul 2015 |
| Tyre pressure gauges | 5 | * | 1 Jul 2015 |
| Vehicle specific diagnostic assets | 5 | * | 1 Jul 2015 |
| Drilling machines (including drill presses, magnetic drills, pedestal drills and radial arm drills) | 10 | * | 1 Jul 2015 |
| Flange facers | 5 | * | 1 Jul 2015 |
| Forklift attachments | 10 | * | 1 Jul 2015 |
| Forklifts | 11 | * | 1 Jul 2015 |
| Grinding machines (including gear grinding machines) | 10 | * | 1 Jul 2015 |
| Guillotine shears | 15 | * | 1 Jul 2015 |
| Heat treatment assets (including furnaces and quenches) | 15 | * | 1 Jul 2015 |
| Hydraulic hose crimpers | 10 | * | 1 Jul 2015 |
| Lathes: | |||
| CNC lathes | 10 | * | 1 Jul 2015 |
| Manual lathes | 20 | * | 1 Jul 2015 |
| Lifting assets: | |||
| Cranes: | |||
| Jib cranes (including column/wall mounted, floor mounted/freestanding and portable jib cranes) | 15 | * | 1 Jul 2015 |
| Overhead cranes | 25 | * | 1 Jul 2015 |
| Pick & carry cranes/yard cranes | 10 | * | 1 Jul 2015 |
| Portable cranes generally (including engine cranes, engine hoists, floor cranes, mobile gantries, shop cranes etc) | 15 | * | 1 Jul 2015 |
| Hoists | 10 | * | 1 Jul 2015 |
| Jacks (including air hydraulic jacks, hydro pneumatic jacks, floor jacks, transmission jacks, trolley jacks and truck jacks) | 5 | * | 1 Jul 2015 |
| Scissor lifts | 15 | * | 1 Jul 2015 |
| Vehicle lifters (including mobile column lifts and post hoists) | 20 | * | 1 Jul 2015 |
| Machining centres | 10 | * | 1 Jul 2015 |
| Milling machines (including bed mills and universal mills) | 10 | * | 1 Jul 2015 |
| Oil recovery, service and treatment assets: | |||
| Collection vessels/tanks | 20 | * | 1 Jul 2015 |
| Dangerous goods containers | 15 | * | 1 Jul 2015 |
| Pumps | 5 | * | 1 Jul 2015 |
| Painting assets: | |||
| Buffing machines | 3 | * | 1 Jul 2015 |
| Paint agitators | 3 | * | 1 Jul 2015 |
| Space heaters | 10 | * | 1 Jul 2015 |
| Spray booths | 15 | * | 1 Jul 2015 |
| Spray gun washing machines | 5 | * | 1 Jul 2015 |
| Parts washing machines | 7 | * | 1 Jul 2015 |
| Pipe cutting machines | 10 | * | 1 Jul 2015 |
| Plasma cutters | 10 | * | 1 Jul 2015 |
| Presses: | |||
| Hydraulic presses | 10 | * | 1 Jul 2015 |
| Punch and shear machines | 15 | * | 1 Jul 2015 |
| Saws (including band saws and cold cut saws) | 10 | * | 1 Jul 2015 |
| Stands (including axle stands, engine stands and transmission stands) | 10 | * | 1 Jul 2015 |
| Storage assets (including racking, shelving, safety cabinets and storage cabinets) | 10 | * | 1 Jul 2015 |
| Surface preparation assets: | |||
| Abrasive blasting assets: | |||
| Abrasive blasting machines (incorporating blasting pots, hoses, nozzles, valves etc) | 10 | * | 1 Jul 2015 |
| Abrasive recovery/recycling machines and associated equipment (including storage hoppers) | 12 | * | 1 Jul 2015 |
| Blast booths/chambers | 12 | * | 1 Jul 2015 |
| Dust collection and ventilation systems | 12 | * | 1 Jul 2015 |
| Pressure cleaners/washers | 4 | * | 1 Jul 2015 |
| Toolboxes and toolbox roller cabinets | 7 | * | 1 Jul 2015 |
| Tooling: | |||
| Moulds | 7 | * | 1 Jul 2015 |
| Press brake dies | 10 | * | 1 Jul 2015 |
| Tooling for lathes, machining centres, milling machines and other machine tools | 7 | * | 1 Jul 2015 |
| Vehicle specific specialised tooling | 5 | * | 1 Jul 2015 |
| Workholding devices (including jigs and fixtures) | 7 | * | 1 Jul 2015 |
| Tools: | |||
| Hand tools (manually operated) | 10 | * | 1 Jul 2015 |
| Hand held power tools (air, battery and electric) | 3 | * | 1 Jul 2015 |
| Power packs | 5 | * | 1 Jul 2015 |
| Torque/tension wrenches | 5 | * | 1 Jul 2015 |
| Torque wrench pumps (pneumatic and electric driven) | 5 | * | 1 Jul 2015 |
| Trolleys (including powered and electrodrive trolleys) | 10 | * | 1 Jul 2015 |
| Turning machines | 10 | * | 1 Jul 2015 |
| Waste water recovery and treatment assets: | |||
| Grease traps | 10 | * | 1 Jul 2015 |
| Pumps | 5 | * | 1 Jul 2015 |
| Tanks and separators | 15 | * | 1 Jul 2015 |
| Waterjet cutting machines | 10 | * | 1 Jul 2015 |
| Weight scales (corner weight) | 10 | * | 1 Jul 2015 |
| Welding assets: | |||
| Welders (including ARC, MIG, TIG, multi process and oxy-acetylene welders/cutters) | 10 | * | 1 Jul 2015 |
| Weld tables and positioners (including rotary tables) | 10 | * | 1 Jul 2015 |
| Welding helmets incorporating respirators | 3 | * | 1 Jul 2015 |
| Wire feeders | 5 | * | 1 Jul 2015 |
| Wheel service assets: | |||
| Bead breaker kits | 5 | * | 1 Jul 2015 |
| Tyre changers | 5 | * | 1 Jul 2015 |
| Wheel aligners | 7 | * | 1 Jul 2015 |
| Wheel balancers | 5 | * | 1 Jul 2015 |
| Wheel handlers and lifters | 5 | * | 1 Jul 2015 |
| Wheel play detectors | 10 | * | 1 Jul 2015 |
| Work benches and tables | 15 | * | 1 Jul 2015 |
|
Hairdressing and beauty services
(95110) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Beauty industry assets: | |||
| Electrical treatment assets: | |||
| Faradic, galvanic, high frequency and multi function units | 10 | * | 1 Jul 2010 |
| Light therapy units (including intense pulse light (IPL) systems) | 10 | * | 1 Jul 2010 |
| Micro dermabrasion units | 5 | * | 1 Jul 2010 |
| Hydrotherapy assets: | |||
| Spa capsules | 10 | * | 1 Jul 2010 |
| Vichy shower units | 10 | * | 1 Jul 2010 |
| Wet tables | 10 | * | 1 Jul 2010 |
| Massage and treatments beds: | |||
| Dry hydrotherapy (including flotation) | 7 | * | 1 Jul 2010 |
| Electronic | 7 | * | 1 Jul 2010 |
| Non electronic (including folding) | 10 | * | 1 Jul 2010 |
| Reception furniture, freestanding (including lobby chairs, desks, lounges, sofas and tables) | 10 | * | 1 Jul 2010 |
| Sterilisation processing assets (including autoclaves and hot towel cabinets) | 5 | * | 1 Jul 2010 |
| Hairdressing industry assets: | |||
| Barber chairs | 15 | * | 1 Jul 2010 |
| Coffee making machines (including espresso and drip filter type) | 5 | * | 1 Jul 2010 |
| Cutting chairs (including styling chairs and cutting stools) | 10 | * | 1 Jul 2010 |
| Cutting and styling workstations, freestanding | 10 | * | 1 Jul 2010 |
| Display shelving, freestanding | 10 | * | 1 Jul 2010 |
| Hairdryers and heat accelerator machines (excluding hand held) | 15 | * | 1 Jul 2010 |
| Reception furniture (including lobby chairs, desks, lounges, sofas and tables) | 10 | * | 1 Jul 2010 |
| Shampoo units and wash lounges, freestanding | 10 | * | 1 Jul 2010 |
|
Funeral, crematorium and cemetery services
(95200) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Cemetery assets: | |||
| Casket lowering devices | 10 | * | 1 Jul 2020 |
| Mini excavators and skid steer loaders | 10 | * | 1 Jul 2020 |
| Crematorium assets: | |||
| Ash processors/granulators | 7 | * | 1 Jul 2020 |
| Cremators | 20 | * | 1 Jul 2020 |
| Dust collection assets | 10 | * | 1 Jul 2020 |
| Funeral assets: | |||
| Bench seating | 10 | * | 1 Jul 2020 |
| Broadcasting equipment (including audio visual devices and streaming equipment) | 5 | * | 1 Jul 2020 |
| Church trolleys/trucks | 15 | * | 1 Jul 2020 |
| Coffin racks | 13 | * | 1 Jul 2020 |
| Engravers: | |||
| Electronic/laser cutters | 7 | * | 1 Jul 2020 |
| Manual | 20 | * | 1 Jul 2020 |
| Lecterns | 15 | * | 1 Jul 2020 |
| Scissor lift tables - see Table B Loading bay assets | |||
| General assets: | |||
| Funeral coaches/hearses | 15 | * | 1 Jul 2020 |
| Mortuary cots/stretchers | 15 | * | 1 Jul 2020 |
| Refrigeration assets: | |||
| Cool rooms - see Table B Refrigeration assets | |||
| Refrigeration racks | 20 | * | 1 Jul 2020 |
| Scales: | |||
| Animal scales | 5 | * | 1 Jul 2020 |
| Platform scales - see Table B | |||
| Transfer vehicles (including fitouts) - see Table B Motor vehicles and trailers - Generally | |||
| Mortuary assets: | |||
| Embalming machines | 10 | * | 1 Jul 2020 |
| Embalming/morgue tables | 15 | * | 1 Jul 2020 |
| Floor coverings - linoleum and vinyl (removable without damage) | 15 | * | 1 Jul 2020 |
| Hoists and lifting machines | 10 | * | 1 Jul 2020 |
| Hydro-aspirators | 10 | * | 1 Jul 2020 |
|
Laundry and dry cleaning services
(95310) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Carpet, upholstery and rug cleaning services assets: | |||
| Air purifiers, deodorising and mould remediation assets (including air filtering machines, air scrubbers and ozone generators) | 5 | * | 1 Jul 2010 |
| Carpet cleaning assets, portable (including rotary scrubbers and encapsulation machines) | 5 | * | 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 |
| Others (including walk behind and self-contained carpet extractors) | 5 | * | 1 Jul 2010 |
| Truck or van mounted | 10 | * | 1 Jul 2010 |
| Vacuum cleaners: | |||
| Backpack and pull along machines | 3 | * | 1 Jul 2010 |
| Other portable cleaners (including upright machines) | 5 | * | 1 Jul 2010 |
| Dry cleaning and laundry assets: | |||
| Dry cleaning machines | 12 | * | 1 Jul 2011 |
| Washers: | |||
| Continuous batch washer systems (including washers, moisture extraction units and dryers) | 17 | * | 1 Jul 2011 |
| Extractors, standalone | 12 | * | 1 Jul 2011 |
| Drying assets: | |||
| Tumble dryers, standalone | 12 | * | 1 Jul 2011 |
| Tunnel dryers and garment finishers (including steam cabinets) | 15 | * | 1 Jul 2011 |
| Finishing assets: | |||
| Flatwork processing assets (including automatic pickers, feeders, folders and stackers) | 13 | * | 1 Jul 2011 |
| Garment finishers (including collar and cuff presses, form finishers, pant toppers and puff irons) | 10 | * | 1 Jul 2011 |
| Presses (including flat, utility and scissor legger presses): | |||
| Air operated, semi automatic | 15 | * | 1 Jul 2011 |
| Manual | 20 | * | 1 Jul 2011 |
| Roller ironers | 17 | * | 1 Jul 2011 |
| Support assets: | |||
| Air vacuum units, standalone | 10 | * | 1 Jul 2011 |
| Control systems | 10 | * | 1 Jul 2011 |
| Heat seal machines for labelling laundry items | 10 | * | 1 Jul 2011 |
| Hot water systems | 12 | * | 1 Jul 2011 |
| Ironing and spotting boards and tables: | |||
| Vacuum operated | 10 | * | 1 Jul 2011 |
| Non vacuum operated | 15 | * | 1 Jul 2011 |
| Laundry handling assets: | |||
| Conveyors and garment sorting and storage systems | 15 | * | 1 Jul 2011 |
| Hoppers | 20 | * | 1 Jul 2011 |
| Monorail and bag loading systems | 20 | * | 1 Jul 2011 |
| Tipplers | 10 | * | 1 Jul 2011 |
| Pipes | 20 | * | 1 Jul 2011 |
| Soap dispenser machines | 20 | * | 1 Jul 2011 |
| Trolleys and bins: | |||
| Generally | 10 | * | 1 Jul 2011 |
| Stainless steel | 15 | * | 1 Jul 2011 |
| Waste water treatment and recycling system assets: | |||
| Filters (including carbon and sand) | 10 | * | 1 Jul 2011 |
| Lint shakers (including circular vibratory screens) | 20 | * | 1 Jul 2011 |
| Ozone generators and UV sterilisers | 7 | * | 1 Jul 2011 |
| Pumps | 5 | * | 1 Jul 2011 |
| Tanks | 20 | * | 1 Jul 2011 |
|
Photographic film processing
(95320) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Binding assets: | |||
| Binders | 7 | * | 1 Jul 2017 |
| Building-in machines | 15 | * | 1 Jul 2017 |
| Casemakers | 8 | * | 1 Jul 2017 |
| Casing-in machines | 7 | * | 1 Jul 2017 |
| Comb binders (including ring wire binders and spiral binders) | 5 | * | 1 Jul 2017 |
| Cutting machines (guillotines) | 10 | * | 1 Jul 2017 |
| Die cutting machines | 15 | * | 1 Jul 2017 |
| Folding machines | 10 | * | 1 Jul 2017 |
| Glue binders | 6 | * | 1 Jul 2017 |
| Hole punching machines | 7 | * | 1 Jul 2017 |
| Sewing machines | 5 | * | 1 Jul 2017 |
| Stich liners | 5 | * | 1 Jul 2017 |
| Finishing assets: | |||
| Laminators: | |||
| Cold | 10 | * | 1 Jul 2017 |
| Heat assisted | 7 | * | 1 Jul 2017 |
| Vacuum press | 23 | * | 1 Jul 2017 |
| UV coaters | 7 | * | 1 Jul 2017 |
| Framing assets: | |||
| Automatic measuring stops | 10 | * | 1 Jul 2017 |
| Board and glass wall cutters | 12 | * | 1 Jul 2017 |
| Dust extractors | 10 | * | 1 Jul 2017 |
| Mat cutters | 10 | * | 1 Jul 2017 |
| Mitre guillotines | 25 | * | 1 Jul 2017 |
| Mitre saws | 10 | * | 1 Jul 2017 |
| Trimmers | 15 | * | 1 Jul 2017 |
| Underpinners | 15 | * | 1 Jul 2017 |
| Vinyl cutters | 5 | * | 1 Jul 2017 |
| Printing assets: | |||
| Colour matching booths | 10 | * | 1 Jul 2017 |
| Digital minilabs: | |||
| Dry: | |||
| Commercial | 5 | * | 1 Jul 2017 |
| Compact | 3 | * | 1 Jul 2017 |
| Wet | 10 | * | 1 Jul 2017 |
| Digital presses | 5 | * | 1 Jul 2017 |
| Film processers | 10 | * | 1 Jul 2017 |
| Heat presses: | |||
| Automatic, manual, mug and multipurpose | 4 | * | 1 Jul 2017 |
| Large format flatbed | 6 | * | 1 Jul 2017 |
| ID card printers | 10 | * | 1 Jul 2017 |
| Kiosks | 5 | * | 1 Jul 2017 |
| Large format flatbed digital printers | 5 | * | 1 Jul 2017 |
| Laser cutters (incorporating laser printing): | |||
| Desktop | 3 | * | 1 Jul 2017 |
| Floor mounted | 7 | * | 1 Jul 2017 |
| Photo calibration monitors | 8 | * | 1 Jul 2017 |
| Photo scanners (including photo and film scanners) | 9 | * | 1 Jul 2017 |
| Roll to roll printers | 15 | * | 1 Jul 2017 |
| Textile printers (including direct to fabric printers and direct to garment printers) | 5 | * | 1 Jul 2017 |
| Wide format printers: | |||
| Dye sublimation (including desktop) | 5 | * | 1 Jul 2017 |
| Solvent | 4 | * | 1 Jul 2017 |
| Specialist photo | 6 | * | 1 Jul 2017 |
|
Parking services
(95330) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Car park operation assets - see Table B Car park assets | |||
Not issued as a draft
References
ATO references:
NO 1-P4Z8VU5
Previous Rulings/Determinations:
TR 2015/2
TR 2016/1
TR 2017/2
TR 2018/4
TR 2019/5
TR 2020/3
ISSN: 2205-6122
Subject References:
depreciation
depreciation rate
effective life
Legislative References:
ITAA 1997
ITAA 1997 Div 40
ITAA 1997 40-25
ITAA 1997 40-70(1)
ITAA 1997 40-72(1)
ITAA 1997 40-75(1)
ITAA 1997 40-95
ITAA 1997 40-95(4)
ITAA 1997 40-95(5)
ITAA 1997 40-95(7)
ITAA 1997 40-100
ITAA 1997 40-100(5)
ITAA 1997 40-100(6)(b)
ITAA 1997 40-102
ITAA 1997 40-102(4)
ITAA 1997 40-102(4A)
ITAA 1997 40-105
ITAA 1997 40-110
ITAA 1997 40-345(2)
IT(TP)A 1997 Subdiv 40-BB
TAA 1953
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2021