Taxation Ruling
TR 2015/2
TR 2015/2 - Income tax: effective life of depreciating assets (applicable from 1 July 2015)
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Please note that the PDF version is the authorised version of this ruling.This Ruling, which applies from 1 July 2015, replaces TR 2014/4 (see paragraph 5 of this Ruling for further details).This document has changed over time. View its history.
TR 2015/2 - Effective lives (Asset categories)
Table B as at 1 July 2015
| A | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Accommodation units in caravan/tourist parks being articles, not fixtures, and used for a specified purpose: [23] | |||
| Relocatable homes and tourist park cabins constructed with chassis | 20 | * | 1 Jul 2015 |
| Other accommodation units (eg manufactured homes) | 30 | * | 1 Jul 2015 |
| Advertising signs: | |||
| Billboard assets: | |||
| Billboard lighting: | |||
| HID/Metal halide lighting systems | 5 | * | 1 Jul 2015 |
| LED lighting systems (including solar powered LED lighting systems) | 10 | * | 1 Jul 2015 |
| Solar power generating assets - see Table B Solar photovoltaic electricity generation system assets | |||
| Billboard steel structures (incorporating electrical systems, footings, scaffolding and walking platforms and steel frame sign panels) | 20 | * | 1 Jul 2015 |
| Computer hardware - see Table B Computers | |||
| Digital LED screens | 6 | * | 1 Jul 2015 |
| Electronic message centre (EMC) units | 3 | * | 1 Jul 2015 |
| Mobile billboard assets: | |||
| Digital LED screens | 4 | * | 1 Jul 2015 |
| Mobile billboard trucks and trailers - see Table B Motor vehicles and trailers | |||
| Floor mounted internal advertising panels (used in airports and shopping centres etc) | 7 | * | 1 Jul 2015 |
| Kiosks and other external standalone advertising panel structures | 15 | * | 1 Jul 2015 |
| LED advertising screens (used in office tower foyers etc) | 5 | * | 1 Jul 2015 |
| Wall mounted advertising panels (used in airports, rail concourses and platforms, shopping centres etc): | |||
| Digital LED advertising panels | 5 | * | 1 Jul 2015 |
| Static advertising panels | 10 | * | 1 Jul 2015 |
| Air compression assets: | |||
| Air compression assets generally (including air compressors, air dryers and air receivers) | 15 | * | 1 Jul 2014 |
| Air compressors (portable): | |||
| Compressors - reciprocating | 7 | * | 1 Jul 2014 |
| Compressors - rotary screw | 10 | * | 1 Jul 2014 |
| Air-conditioning assets (excluding pipes, duct work and vents): | |||
| Air handling units | 20 | * | 1 Jul 2003 |
| Cooling towers | 15 | * | 1 Jul 2003 |
| Condensing sets | 15 | * | 1 Jul 2003 |
| Chillers: | |||
| Absorption | 25 | * | 1 Jul 2003 |
| Centrifugal | 20 | * | 1 Jul 2003 |
| Volumetrics (including reciprocating, rotary, screw, scroll): | |||
| Air-cooled | 15 | * | 1 Jul 2003 |
| Water-cooled | 20 | * | 1 Jul 2003 |
| Damper motors (including variable air volume box controllers) | 10 | * | 1 Jul 2003 |
| Fan coil units (connected to a condensing set) | 15 | * | 1 Jul 2003 |
| Humidifiers (steam generator) | 10 | * | 1 Jul 2003 |
| Mini split systems up to 20KW (including ceiling, floor and high wall split systems) | 10 | * | 1 Jul 2003 |
| Packaged air conditioning units | 15 | * | 1 Jul 2003 |
| Pumps | 20 | * | 1 Jul 2003 |
| Room units | 10 | * | 1 Jul 2003 |
| Aircraft: | |||
| Aeroplanes: | |||
| General use [24] | 20 | *# | 1 Jul 2002 |
| Used predominantly for agricultural spraying or agricultural dusting [25] | 10 | *# | 1 Jul 2002 |
| Helicopters: | |||
| General use [26] | 20 | *# | 1 Jul 2002 |
| Used predominantly for mustering, agricultural spraying or agricultural dusting [27] | 10 | *# | 1 Jul 2002 |
| Airless sprayers (used in painting, epoxy and polyurethane coating, priming etc): | |||
| Electrically and petrol-driven units | 7 | * | 1 Jul 2013 |
| Pneumatically-driven units | 15 | * | 1 Jul 2013 |
| Artworks qualifying as depreciating assets (restricted to works of art and reproductions of artwork that are tangible in nature, such as paintings, sculptures, drawings, engravings and photographs, that are displayed in open viewing areas in premises used for taxable purposes including reception areas, waiting rooms and foyers) | 100 | * | 1 Jul 2013 |
| Automatic teller machines | 8 | * | 1 Jul 2001 |
| B | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Bending machines (bar, angle and rod) | 10 | * | 1 Jul 2008 |
| Block and brick elevators, portable | 10 | * | 1 Jul 2008 |
| Boilers | 20 | * | 1 Jul 2005 |
| Boom gates: | |||
| Electromechanically operated boom gates | 7 | * | 1 Jul 2013 |
| Hydraulically operated boom gates | 10 | * | 1 Jul 2013 |
| C | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Car parking (hydraulic elevated platforms and hoists including control equipment) | 10 | 1 Jan 2001 | |
| Compaction: | |||
| Compactors - flat plate | 8 | * | 1 Jul 2008 |
| Compactors - vertical rammer | 6 | * | 1 Jul 2008 |
| Computers: | |||
| Generally | 4 | * | 1 Jan 2001 |
| Laptops | 3 | * | 1 Jan 2001 |
| Raised access floors in computer data rooms and server rooms | 40 | * | 1 Jul 2014 |
| Concrete truck mixers (incorporating barrel, chutes, frame and hydraulic pumps) | 5 | * | 1 Jul 2014 |
| Concreting assets: | |||
| Brick and paving saws | 5 | * | 1 Jul 2008 |
| Concrete demolition saws | 3 | * | 1 Jul 2008 |
| Concrete kibble buckets | 15 | * | 1 Jul 2008 |
| Concrete mixers | 4 | * | 1 Jul 2008 |
| Concrete surface preparation assets (including floor grinders, planers and scarifers) | 5 | * | 1 Jul 2008 |
| Concrete trowels: | |||
| Walk behind | 5 | * | 1 Jul 2008 |
| Ride on | 7 | * | 1 Jul 2008 |
| Concrete vibrating screeders | 5 | * | 1 Jul 2008 |
| Concrete vibrators: | |||
| Brushcutter style | 5 | * | 1 Jul 2008 |
| Drive units | 6 | * | 1 Jul 2008 |
| Flexible shaft pumps | 6 | * | 1 Jul 2008 |
| Vibrating shafts | 3 | * | 1 Jul 2008 |
| Concrete wheeled saws | 6 | * | 1 Jul 2008 |
| Control systems and control system assets (including control cabinets and panels, instruments, programmable logic controllers (PLCs), sensors, switchgear telemetry and variable speed drives) | 10 | * | 1 Jul 2015 |
| Cranes (gantry and overhead) | 25 | * | 1 Jul 2014 |
| Curtains and drapes | 6 | * | 1 Jul 2004 |
| D | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Digital cameras: | |||
| Camera lenses | 5 | * | 1 Jul 2015 |
| Medium format single lens reflex (SLR) system (including camera bodies and digital backs) | 4 | * | 1 Jul 2015 |
| Others | 3 | * | 1 Jul 2015 |
| Door control and motor drive system for automatic sliding doors (incorporating chains, controls, motors and sensors, but excluding doors) | 15 | * | 1 Jul 2005 |
| Dozers/front end loaders | 9 | * | 1 Jul 2002 |
| Drink dispensing machines | 10 | * | 1 Jul 2005 |
| Drones - see Table B Unmanned aerial vehicles | |||
| E | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Employee time and attendance recorders (including bundy clocks, time clocks etc): | |||
| Computerised time and attendance recorders (including fingerprint and face recognition systems and swipe card digital time clock systems) | 10 | * | 1 Jul 2013 |
| Standalone electronic time and attendance recorders (card based etc) | 10 | * | 1 Jul 2013 |
| Escalators (machinery and their moving parts) | 20 | * | 1 Jan 2003 |
| F | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Fences: | |||
| Portable electric fences | 20 | * | 1 Jul 2014 |
| Wire mesh (demountable used for partitioning purposes, including portable electric fences) | 20 | * | 1 Jul 2014 |
| Fire control and alarm assets: | |||
| Alarms: | |||
| Heat | 6 | * | 1 Jul 2004 |
| Smoke | 6 | * | 1 Jul 2004 |
| Detection and alarm systems: | |||
| Alarm bells | 12 | * | 1 Jul 2004 |
| Detectors: | |||
| Aspirated smoke | 12 | * | 1 Jul 2004 |
| Heat | 20 | * | 1 Jul 2004 |
| Manual call point (addressable type only) | 20 | * | 1 Jul 2004 |
| Multi type | 20 | * | 1 Jul 2004 |
| Smoke | 20 | * | 1 Jul 2004 |
| Fire indicator panels | 12 | * | 1 Jul 2004 |
| Gas suppression cylinders | 25 | * | 1 Jul 2004 |
| Emergency warning and intercommunication systems: | |||
| Master emergency control panels | 12 | * | 1 Jul 2004 |
| Speakers | 12 | * | 1 Jul 2004 |
| Strobe lights | 12 | * | 1 Jul 2004 |
| Warden intercom phones | 12 | * | 1 Jul 2004 |
| Extinguishers | 15 | * | 1 Jul 2004 |
| Hoses and nozzles | 10 | * | 1 Jul 2004 |
| Pumps (including diesel and electric) | 25 | * | 1 Jul 2004 |
| Stair pressurisation assets: | |||
| AC variable speed drives | 10 | * | 1 Jul 2004 |
| Pressurisation and extraction fans | 25 | * | 1 Jul 2004 |
| Sensors | 10 | * | 1 Jul 2004 |
| Floor coverings - linoleum and vinyl (removable without damage) | 10 | * | 1 Jul 2013 |
| Fogging machines (insecticide), including cold foggers and thermal foggers: | |||
| Portable | 6 | * | 1 Jul 2013 |
| Vehicle mounted | 10 | * | 1 Jul 2013 |
| Forklifts | 11 | * | 1 Jul 2002 |
| Forklift battery chargers | 11 | * | 1 Jul 2013 |
| Formwork, beams and props, steel | 10 | * | 1 Jul 2008 |
| Foundations for plant and machinery (integral to the operation of such plant and machinery, but not incorporated into the plant and machinery itself) | 40 | * | 1 Jul 2014 |
| G | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Generators (see Table B Power supply assets) | |||
| H | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Hand dryers (electrical) | 10 | * | 1 Jul 2013 |
| Hand tools (manually operated) | 10 | * | 1 Jul 2014 |
| J | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Judges' robes: | |||
| Ceremonial robes | 15 | * | 1 Jul 2013 |
| Working robes | 10 | * | 1 Jul 2013 |
| L | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Laboratory assets used in quality control, sample checking etc: | |||
| Automated and electronically based laboratory assets (including analysers, refractometers, spectrometry machines etc) | 7 | * | 1 Jul 2014 |
| Other laboratory assets (including autoclaves, centrifuges, microscopes, ovens etc) | 10 | * | 1 Jul 2014 |
| Laser cutting machines | 10 | * | 1 Jul 2014 |
| Levels: | |||
| Automatic optical levels (dumpy levels) | 7 | * | 1 Jul 2015 |
| Laser levels: | |||
| Grade laying (dial-in grade) | 6 | * | 1 Jul 2015 |
| Laser plummets | 5 | * | 1 Jul 2015 |
| Line and plumb/point and cross line | 4 | * | 1 Jul 2015 |
| Pipe laying | 6 | * | 1 Jul 2015 |
| Rotating | 6 | * | 1 Jul 2015 |
| Tunnelling and plumbing | 6 | * | 1 Jul 2015 |
| Lift slab assets (incorporating spreader bars, clutches, pulleys and cables) | 5 | * | 1 Jul 2008 |
| Libraries (professional) | 10 | * | 1 Jul 2014 |
| Lifts (including dumbwaiters, hydraulic lifts and traction lifts) | 30 | * | 1 Jan 2003 |
| Lighting control systems (microprocessor based) | 5 | * | 1 Jul 2014 |
| Livestock, being working beasts and beasts of burden (including camels and horses) used in a business other than primary production | 15 | * | 1 Jul 2014 |
| Loading bay assets: | |||
| Dock levellers | 20 | * | 1 Jul 2005 |
| Pallet jacks and pallet trucks | 10 | * | 1 Jul 2005 |
| Scissor lifts | 15 | * | 1 Jul 2005 |
| M | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Machine tools (grinding machines, lathes, milling machines etc): | |||
| CNC and NC based machines | 10 | * | 1 Jul 2014 |
| Conventional or manual machines | 20 | * | 1 Jul 2014 |
| Mini-skid steer loaders (with a carrying capacity less than or equal to 1100 kg) | 5 | * | 1 Jul 2005 |
| Mini-skid steer loader attachments: | |||
| Others (including auger and bucket) | 5 | * | 1 Jan 2004 |
| Stump grinders | 2 | * | 1 Jan 2004 |
| Motor graders | 10 | * | 1 Jul 2002 |
| Motor vehicles and trailers: | |||
| Buses having a gross vehicle mass of more than 3.5 tonnes [28] | 15 | *# | 1 Jan 2005 |
| Cars (motor vehicles designed to carry a load of less than one tonne and fewer than 9 passengers): | |||
| Generally | 8 | * | 1 Jan 2006 |
| Hire and travellers' cars | 5 | 1 Jan 2001 | |
| Taxis | 4 | * | 1 Jul 2015 |
| Garbage compactor trucks - see Table A Solid waste collection services (29110) | |||
| Light commercial vehicles designed to carry a load of one tonne or greater and having a gross vehicle mass of 3.5 tonnes or less [29] | 12 | *# | 1 Jan 2005 |
| Minibuses having a gross vehicle mass of 3.5 tonnes or less and designed to carry 9 or more passengers [30] | 12 | *# | 1 Jan 2005 |
| Motorcycles (including courier motorcycles and mailbox delivery motorcycles) | 7 | * | 1 Jul 2015 |
| Scooters | 3 | * | 1 Jul 2015 |
| Trailers having a gross vehicle mass greater than 4.5 tonnes [31] | 15 | *# | 1 Jan 2005 |
| Trailers having a gross vehicle mass of 4.5 tonnes or less: | |||
| Aluminium, galvanised steel, galvanised hot dipped steel and powder coated trailers | 10 | * | 1 Jul 2015 |
| Mild steel trailers (painted and unpainted) | 5 | * | 1 Jul 2015 |
| Trucks having a gross vehicle mass greater than 3.5 tonnes (excluding off highway trucks used in mining operations) [32] | 15 | *# | 1 Jan 2005 |
| Moving walks | 20 | * | 1 Jan 2003 |
| Musical instruments and associated equipment: | |||
| Associated portable equipment (including amplifiers, microphones, speakers, mixers and music stands) | 6 ⅔ | * | 1 Jan 2001 |
| Brass instruments | 10 | * | 1 Jan 2001 |
| Keyboard instruments (acoustic) | 10 | * | 1 Jan 2001 |
| Keyboard instruments (electric) | 5 | * | 1 Jan 2001 |
| Percussion instruments | 5 | * | 1 Jan 2001 |
| Stringed instruments | 10 | * | 1 Jan 2001 |
| Woodwind instruments | 10 | * | 1 Jan 2001 |
| O | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Office furniture, freestanding: | |||
| Bookcases: | |||
| Metal | 20 | * | 1 Jul 2005 |
| Timber | 15 | * | 1 Jul 2005 |
| Cabinets (including credenzas, cupboards, filing, mapping, mobile, stationery and storage type): | |||
| Metal | 20 | * | 1 Jul 2005 |
| Timber/laminated | 15 | * | 1 Jul 2005 |
| Chairs | 10 | * | 1 Jul 2005 |
| Desks | 20 | * | 1 Jul 2005 |
| Mobile storage units (compactus type) | 25 | * | 1 Jul 2005 |
| Reception assets (including lobby chairs, desks, lounges, sofas and tables) | 10 | * | 1 Jul 2005 |
| Screens | 20 | * | 1 Jul 2005 |
| Tables: | |||
| Boardroom | 20 | * | 1 Jul 2005 |
| General | 10 | * | 1 Jul 2005 |
| Workstations (including desks and partitions) | 20 | * | 1 Jul 2005 |
| Office machines and equipment: | |||
| Electronic whiteboards | 6 | * | 1 Jan 2001 |
| Enveloping machines | 6 | * | 1 Jan 2001 |
| Facsimile machines | 5 | * | 1 Jan 2001 |
| Letter folding and inserting machines (including envelope inserters and letter inserters - desktop/low volume units) | 5 | * | 1 Jul 2013 |
| Mailing machines | 5 | * | 1 Jan 2001 |
| Multi function machines (includes fax, copy, print and scan functions) | 5 | * | 1 Jan 2001 |
| Photo copying machines | 5 | * | 1 Jan 2001 |
| Projectors (including lenses) | 5 | * | 1 Jul 2014 |
| Shredders | 15 | * | 1 Jul 2005 |
| Trolleys | 15 | * | 1 Jul 2005 |
| Whiteboards | 10 | * | 1 Jul 2005 |
| P | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Packaging machines: | |||
| Bagging machines (including flow wrappers, form fill and seal machines, and roll wrapping machines) | 10 | * | 1 Jul 2009 |
| Carton erecting, packing and closing machines (including cartoners) | 10 | * | 1 Jul 2009 |
| Case erecting, packing and closing machines (including casepackers) | 10 | * | 1 Jul 2009 |
| Inspection equipment including checkweighers, metal detectors, counting machines etc | 10 | * | 1 Jul 2009 |
| Multihead and singlehead weighers | 10 | * | 1 Jul 2009 |
| Palletisers and depalletisers | 12 | * | 1 Jul 2009 |
| Product identification labellers including decorating, applicators and coding machines | 8 | * | 1 Jul 2009 |
| Robotic pick and place packaging machines | 10 | * | 1 Jul 2009 |
| Wrapping machines including shrink wrappers, stretch wrappers and strapping machines | 10 | * | 1 Jul 2009 |
| Partitions (demountable) | 20 | * | 1 Jul 2005 |
| Platform scales | 15 | * | 1 Jul 2014 |
| Plumbing fixtures and fittings (including wall and floor tiles) provided mainly for employees and/or children of employees of an entity carrying on a business for the purpose of producing assessable income: | |||
| Floor and wall tiles | 20 | * | 1 Jul 2015 |
| Generally (including basins, bidets, sinks, toilets, urinals etc) | 20 | * | 1 Jul 2015 |
| Tapware (including taps, mixers and shower heads and assemblies) | 15 | * | 1 Jul 2015 |
| Pneumatic air tube systems | 10 | * | 1 Jul 2013 |
| Point of sale assets: | |||
| Cash registers, standalone type | 10 | * | 1 Jul 2005 |
| Cash transfer system assets, pneumatic type (including printer circuit board, transfer pipes and turbines) | 10 | * | 1 Jul 2005 |
| Generally (including barcode scanners, cash drawers, dedicated computers, electronic funds transfer point of sale (EFTPOS) machines, keyboards, monitors, printers and terminals) | 6 | * | 1 Jul 2005 |
| Weighing machines and scales (including weigh labelling machines) | 10 | * | 1 Jul 2005 |
| Portable structures (sheds, site office trailers, portable toilets and washrooms etc) used for a temporary period in offsite locations (eg construction sites) | 15 | * | 1 Jul 2014 |
| Powder coating machines and systems (automatic and manual) | 10 | * | 1 Jul 2014 |
| Power supply assets: | |||
| Emergency or standby: | |||
| Generator assets: | |||
| Acoustic hoods and canopies | 20 | * | 1 Jul 2005 |
| Generators (incorporating attached engine management and generator monitoring instruments) | 25 | * | 1 Jul 2005 |
| Power management units | 15 | * | 1 Jul 2005 |
| Uninterruptible power supply (UPS) systems | 15 | * | 1 Jul 2013 |
| Generators, portable (incorporating attached engine management and generator monitoring instruments): | |||
| Diesel | 10 | * | 1 Jul 2008 |
| Petrol | 5 | * | 1 Jul 2008 |
| Private electricity line assets (where used for a specified purpose): [33] | |||
| Distribution lines: | |||
| Combination of overhead and underground | 471/2 | * | 1 Jul 2014 |
| Overhead (incorporating poles - concrete, wood, steel or stobie - and electrical equipment the responsibility of the private landholder such as conductors; cross arms etc) | 45 | * | 1 Jul 2014 |
| Underground (incorporating cables, fittings and ground pad mounted transformers) | 50 | * | 1 Jul 2014 |
| Service cables, overhead | 40 | * | 1 Jul 2014 |
| Service cables, underground | 50 | * | 1 Jul 2014 |
| Storage batteries | 15 | * | 1 Jul 2013 |
| Power tools: | |||
| Chain saws | 3 | * | 1 Jul 2008 |
| Hand tools: | |||
| Air | 5 | * | 1 Jul 2008 |
| Battery | 3 | * | 1 Jul 2008 |
| Electric | 5 | * | 1 Jul 2008 |
| Jack hammers: | |||
| Air | 7 | * | 1 Jul 2008 |
| Electric | 3 | * | 1 Jul 2008 |
| Nail guns - air | 3 | * | 1 Jul 2008 |
| Power transformers | 45 | * | 1 Jan 2002 |
| Public address and paging system assets (including amplifiers, audio speakers and microphones) | 12 | * | 1 Jul 2005 |
| R | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Refrigeration assets: | |||
| Compressors, condensers, evaporators etc | 15 | * | 1 Jul 2014 |
| Insulation panels used in cool or freezer rooms | 40 | * | 1 Jul 2014 |
| Robots (industrial) | 10 | * | 1 Jul 2014 |
| S | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Saws, bench and mitre, portable | 7 | * | 1 Jul 2008 |
| Security and monitoring assets: | |||
| Access control systems: | |||
| Code pads | 5 | * | 1 Jul 2004 |
| Door controllers | 5 | * | 1 Jul 2004 |
| Readers: | |||
| Proximity | 7 | * | 1 Jul 2004 |
| Swipe card | 3 | * | 1 Jul 2004 |
| Ballistic and blast resistant screens and barriers (including fixed and rising types) not forming part of the building | 20 | * | 1 Jul 2014 |
| Closed circuit television systems: | |||
| Cameras | 4 | * | 1 Jul 2004 |
| Monitors | 4 | * | 1 Jul 2004 |
| Recorders: | |||
| Digital | 4 | * | 1 Jul 2004 |
| Time lapse | 2 | * | 1 Jul 2004 |
| Switching units (including multiplexers) | 5 | * | 1 Jul 2004 |
| Security systems: | |||
| Code pads | 5 | * | 1 Jul 2004 |
| Control panels | 5 | * | 1 Jul 2004 |
| Detectors (including glass, passive infra-red and vibration) | 5 | * | 1 Jul 2004 |
| Global system for mobiles (GSM) units | 5 | * | 1 Jul 2004 |
| Noise maker (including alarms and bells) | 5 | * | 1 Jul 2004 |
| Sewing machines | 10 | * | 1 Jan 2014 |
| Signage for business identification (including lighting for signs) | 10 | * | 1 Jul 2005 |
| Silos: | |||
| Bulk handling: | |||
| Ancillary mechanical assets (including augers, bucket elevators, conveyors etc) | 15 | * | 1 Jul 2014 |
| Concrete construction | 50 | * | 1 Jan 2004 |
| Galvanised construction | 30 | * | 1 Jan 2004 |
| Steel construction | 40 | * | 1 Jan 2004 |
| Solar photovoltaic electricity generation system assets | 20 | * | 1 Jul 2011 |
| Spas used as plant in a business (incorporating blowers, controls, filters, heaters and pumps) | 17 | * | 1 Jul 2014 |
| Spray booths | 15 | * | 1 Jul 2014 |
| Stacks (chimney stacks, exhaust stacks, flues etc): | |||
| Concrete stacks (including concrete reinforced stacks) | 30 | * | 1 Jul 2014 |
| Flare stacks | 25 | * | 1 Jul 2014 |
| Reinforced plastic stacks | 25 | * | 1 Jul 2014 |
| Steel stacks (steel flues) | 20 | * | 1 Jul 2014 |
| Suitcases | 10 | * | 1 Jul 2013 |
| Swimming pool assets: | |||
| Chlorinators | 12 | * | 1 Jul 2004 |
| Cleaning assets | 7 | * | 1 Jul 2004 |
| Filtration assets (including pumps) | 12 | * | 1 Jul 2004 |
| Heaters: | |||
| Electric | 15 | * | 1 Jul 2004 |
| Gas | 15 | * | 1 Jul 2004 |
| Solar | 20 | * | 1 Jul 2004 |
| Swimming pools (used as plant in a business): | |||
| Above-ground | 10 | * | 1 Jul 2005 |
| Concrete | 50 | * | 1 Jul 2005 |
| Fibreglass | 20 | * | 1 Jul 2005 |
| Switchboards | 20 | * | 1 Jul 2014 |
| Synthetic lawn surfaces | 5 | * | 1 Jul 2014 |
| T | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Tarpaulins | 5 | * | 1 Jul 2014 |
| Telephony: | |||
| Mobile phones | 3 | * | 1 Jul 2014 |
| Telephone systems (including analogue and digital telephone systems, PABX/PBX systems, key/commander systems, VoIP systems and hybrid telephone systems such as IP-PBX systems etc) | 7 | * | 1 Jul 2015 |
| Television sets | 10 | * | 1 Jul 2014 |
| Tractors | 12 | * | 1 Jul 2007 |
| Trailers - see Table B Motor vehicles and trailers | |||
| Two-way radios: | |||
| Base stations | 6 | * | 1 Jul 2014 |
| Mobile units | 6 | * | 1 Jul 2014 |
| Portable units | 3 | * | 1 Jul 2014 |
| Repeaters | 7 | * | 1 Jul 2014 |
| U | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Unmanned aerial vehicles (drones): | |||
| Fixed wing | 3 | * | 1 Jul 2015 |
| Rotary wing | 2 | * | 1 Jul 2015 |
| V | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Vending machines | 5 | * | 1 Jul 2001 |
| Ventilation fans (excluding ducting, piping and vents) | 20 | * | 1 Jan 2005 |
| W | |||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Warehouse and distribution centre equipment and machines: | |||
| Automated storage and retrieval machines | 20 | * | 1 Jul 2011 |
| Balers | 15 | * | 1 Jul 2011 |
| Battery assets for warehouse vehicles (including pallet trucks and forklifts): | |||
| Batteries (detachable for recharging) | 5 | * | 1 Jul 2011 |
| Battery chargers: | |||
| Forklifts | 11 | * | 1 Jul 2011 |
| Other | 10 | * | 1 Jul 2011 |
| Handling assets: | |||
| Battery tuggers | 10 | * | 1 Jul 2011 |
| Racking roller beds | 15 | * | 1 Jul 2011 |
| Transfer carts | 10 | * | 1 Jul 2011 |
| Washers | 10 | * | 1 Jul 2011 |
| Carts/buggies | 15 | * | 1 Jul 2011 |
| Conveyors | 15 | * | 1 Jul 2011 |
| Dock levellers, pallet jacks, pallet trucks and scissor lifts - see Table B Loading bay assets | |||
| Door control and motor drive systems (incorporating chains, controls, motor and sensors, but excluding doors): | |||
| External | 20 | * | 1 Jul 2011 |
| Internal | 10 | * | 1 Jul 2011 |
| Floor sweepers/scrubbers | 10 | * | 1 Jul 2011 |
| Forklift attachments: | |||
| Cages | 10 | * | 1 Jul 2011 |
| Push pull units | 11 | * | 1 Jul 2011 |
| Inflatable dock bags/seals/shelters | 10 | * | 1 Jul 2011 |
| Packaging machines and wrapping machines - see Table B Packaging machines | |||
| Pallet assets: | |||
| Dispensers | 15 | * | 1 Jul 2011 |
| Lift tables | 10 | * | 1 Jul 2011 |
| Racks | 20 | * | 1 Jul 2011 |
| Radio frequency terminal assets: | |||
| Barcode readers/scanners | 5 | * | 1 Jul 2011 |
| Portable/handheld and vehicle mounted terminal devices | 4 | * | 1 Jul 2011 |
| Refrigeration assets - see Table B Refrigeration assets | |||
| Roll cages | 10 | * | 1 Jul 2011 |
| Trolleys | 10 | * | 1 Jul 2011 |
| Voice picking assets: | |||
| Battery chargers | 4 | * | 1 Jul 2011 |
| Headsets | 4 | * | 1 Jul 2011 |
| Terminals (on person) | 4 | * | 1 Jul 2011 |
| Waste compactors (used for cardboard and plastic): | |||
| Electric | 15 | * | 1 Jul 2011 |
| Hydraulic | 20 | * | 1 Jul 2011 |
| Waste storage and disposal bins (industrial) | 10 | 1 Jan 2001 | |
| Weighbridges | 20 | * | 1 Jul 2014 |
| Welders: | |||
| Diesel | 10 | * | 1 Jul 2008 |
| Electric | 5 | * | 1 Jul 2008 |
| Oxygen welders and cutters | 10 | * | 1 Jul 2014 |
Footnotes
All legislative references are to the ITAA 1997 unless otherwise indicated.
In some circumstances, the effective life of an asset is not relevant in deermining the deduction available under Division 40 for decline in value of the asset. Examples include allocating assets to a pool or where an immediate deduction is available.
A specified purpose is a taxable purpose, the purpose of producing exempt income or non-assessable non-exempt income, or the purpose of conducting R & D activities (assuming that this is reasonably likely).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available for harvesters listed in this sub-category (assets marked with #) - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available - see subsection 40-102(5).
A capped effective life of 6 ⅔ years is available where applicable (assets marked with #) - see subsection 40-102(5).
Defined as water containing in excess of 10 parts of salt per 1,000 parts of water.
A capped effective life of 15 years is available where applicable (assets marked with #) - see subsection 40-102(5).
A capped effective life of 15 years is available for assets marked with #, except offshore platforms - see subsection 40-102(5).
A capped effective life of 20 years is available - see subsection 40-102(5).
A capped effective life of 15 years is available where applicable (assets marked with #) - see subsection 40-102(5).
A capped effective life of 20 years is available where applicable (assets marked with #) - see subsection 40-102(5).
A capped effective life of 20 years is available where applicable (assets marked with #) - see subsection 40-102(5).
A capped effective life of 7 ½ years may be available - see subsection 40-102(4).
A capped effective life of 7 ½ years may be available - see subsection 40-102(4).
A specified purpose is a taxable purpose, the purpose of producing exempt income or non-assessable non-exempt income, or the purpose of conducting R & D activities (assuming that this is reasonably likely).
A capped effective life of 10 years is available - see subsection 40-102(4).
A capped effective life of 8 years is available - see subsection 40-102(4).
A capped effective life of 10 years is available - see subsection 40-102(4).
A capped effective life of 8 years is available - see subsection 40-102(4).
A capped effective life of 7 ½ years is available - see subsection 40-102(4).
A capped effective life of 7 ½ years is available - see subsection 40-102(4).
A capped effective life of 7 ½ years is available - see subsection 40-102(4).
A capped effective life of 10 years is available - see subsection 40-102(4).
A capped effective life of 7 ½ years is available - see subsection 40-102(4).
A specified purpose is a taxable purpose, the purpose of producing exempt income or non-assessable non-exempt income, or the purpose of conducting R & D activities (assuming that this is reasonably likely).
Not issued as a draft
References
ATO references:
NO 1-6GI83JW
ISSN: 1039-0731
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
TR 2014/4
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) Determination 2015
| Date: | Version: | Change: | |
| You are here | 24 June 2015 | Consolidated ruling |