Taxation Ruling
TR 2018/4
Income tax: effective life of depreciating assets (applicable from 1 July 2018)
-
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that the PDF version is the authorised consolidated version of this ruling and amending notices.This document has been Withdrawn.View the Withdrawal notice for this document.This Ruling, which applies from 1 July 2018, replaces TR 2017/2 (see paragraph 5 of this Ruling for further details).
This Ruling has been replaced by TR 2019/5 .
Professional, scientific and technical services - (69100 to 70000)
|
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES
(69100 to 70000) |
|
Scientific research services
(69100) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Scientific, medical and pharmaceutical research assets: | |||
| Autoclaves: | |||
| Bench top autoclaves | 5 | * | 1 Jul 2014 |
| Others | 10 | * | 1 Jul 2014 |
| Automated cell counters | 5 | * | 1 Jul 2014 |
| Automated colony pickers | 5 | * | 1 Jul 2014 |
| Balances | 10 | * | 1 Jul 2014 |
| Biological safety cabinets | 10 | * | 1 Jul 2014 |
| Cell harvesters | 10 | * | 1 Jul 2014 |
| Centrifuges: | |||
| Bench top centrifuges | 5 | * | 1 Jul 2014 |
| Others | 10 | * | 1 Jul 2014 |
| Computed tomography (CT) scanners | 10 | * | 1 Jul 2014 |
| Digital cameras | 3 | * | 1 Jul 2014 |
| DNA sequencers | 5 | * | 1 Jul 2014 |
| Electrophoresis systems (incorporating power supplies and tanks) | 7 | * | 1 Jul 2014 |
| Electroporators | 8 | * | 1 Jul 2014 |
| Fermenters | 10 | * | 1 Jul 2014 |
| Flow cytometers | 8 | * | 1 Jul 2014 |
| Freeze dryers | 10 | * | 1 Jul 2014 |
| Freezers | 10 | * | 1 Jul 2014 |
| Gel documentation systems | 5 | * | 1 Jul 2014 |
| Glassware washers | 8 | * | 1 Jul 2014 |
| Heating blocks | 10 | * | 1 Jul 2014 |
| Homogenisers | 7 | * | 1 Jul 2014 |
| Incubators | 6 | * | 1 Jul 2014 |
| Liquid chromatography systems | 5 | * | 1 Jul 2014 |
| Liquid nitrogen assets (including dewars and tanks) | 10 | * | 1 Jul 2014 |
| Microscopes | 10 | * | 1 Jul 2014 |
| Microtomes | 10 | * | 1 Jul 2014 |
| Mixers | 7 | * | 1 Jul 2014 |
| Nano spectrophotometers | 8 | * | 1 Jul 2014 |
| Ovens | 6 | * | 1 Jul 2014 |
| Peristaltic pumps | 7 | * | 1 Jul 2014 |
| pH meters | 7 | * | 1 Jul 2014 |
| Plate readers | 5 | * | 1 Jul 2014 |
| Polymerase chain reaction (PCR) thermal cyclers | 8 | * | 1 Jul 2014 |
| Real-time PCR detection machines | 5 | * | 1 Jul 2014 |
| Refrigerators | 8 | * | 1 Jul 2014 |
| Robotic systems (including robotic liquid handling systems and robotic sampler systems) | 5 | * | 1 Jul 2014 |
| Shakers | 7 | * | 1 Jul 2014 |
| Sonicators (including water bath sonicators and sonicators with probes) | 7 | * | 1 Jul 2014 |
| Spectrophotometers (excluding nano spectrophotometers) | 10 | * | 1 Jul 2014 |
| Surface plasmon resonance (SPR) machines | 5 | * | 1 Jul 2014 |
| Vacuum concentrators | 7 | * | 1 Jul 2014 |
| Water baths (including refrigerated and shaking water baths) | 7 | * | 1 Jul 2014 |
| Water purification systems | 8 | * | 1 Jul 2014 |
|
Surveying and mapping services
(69220) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Airborne imaging (cameras) | 7 | * | 1 Jul 2015 |
| Automatic optical levels (dumpy levels) | 7 | * | 1 Jul 2015 |
| Controllers | 4 | * | 1 Jul 2015 |
| Digital (electronic) levels | 5 | * | 1 Jul 2015 |
| Echo sounders | 5 | * | 1 Jul 2015 |
| GNSS/GIS handhelds (asset receivers) | 3 | * | 1 Jul 2015 |
| GNSS/GPS survey equipment (including receivers, reference/base stations, rover receivers, data radios, antennas and integrated GNSS) | 5 | * | 1 Jul 2015 |
| Ground imaging (pole cameras) | 5 | * | 1 Jul 2015 |
| Laser detectors/receivers (rod-eye receivers) | 4 | * | 1 Jul 2015 |
| Laser distance measurers/meters (DISTOs) | 4 | * | 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 |
| Laser scanners - 3D (high definition surveying) - ground LIDAR | 5 | * | 1 Jul 2015 |
| Laser scanners - vehicle mounted - ground LIDAR | 5 | * | 1 Jul 2015 |
| LIDAR (airborne) | 7 | * | 1 Jul 2015 |
| Rail surveying assets: | |||
| Mobile rail surveying equipment | 5 | * | 1 Jul 2015 |
| Platform clearance gauges | 6 | * | 1 Jul 2015 |
| Rail profile gauges | 6 | * | 1 Jul 2015 |
| Stereoplotters - digital/softcopy (hardware only) | 10 | * | 1 Jul 2015 |
| Tablets | 4 | * | 1 Jul 2015 |
| Theodolites (digital) | 7 | * | 1 Jul 2015 |
| Total stations (including mechanical, manual, motorised, auto lock, robotic, universal and multi-stations) | 5 | * | 1 Jul 2015 |
| Traverse kits (incorporating tripods, tribrachs, prisms, poles and optical plummets) | 5 | * | 1 Jul 2015 |
| Unmanned aerial vehicles (drones/remotely piloted aircraft): | |||
| Fixed wing | 3 | * | 1 Jul 2015 |
| Rotary wing | 2 | * | 1 Jul 2015 |
| Unmanned surface vehicles | 4 | * | 1 Jul 2015 |
| Utility locator (underground service locator) assets: | |||
| Ground penetrating radars (GPRs) | 5 | * | 1 Jul 2015 |
| Magnetic locators | 5 | * | 1 Jul 2015 |
| Service locators | 5 | * | 1 Jul 2015 |
| Signal generators | 5 | * | 1 Jul 2015 |
| Signal tracer for locators | 4 | * | 1 Jul 2015 |
|
Scientific testing and analysis services
(69250) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Coal laboratory assets: | |||
| Sample preparation assets: | |||
| Drop shatters | 20 | * | 1 Jul 2018 |
| Drum tumblers | 15 | * | 1 Jul 2018 |
| Drying ovens: | |||
| Benchtop | 7 | * | 1 Jul 2018 |
| Others (including floor size with trolleys) | 15 | * | 1 Jul 2018 |
| Dust extraction systems | 15 | * | 1 Jul 2018 |
| Float-sink buckets | 8 | * | 1 Jul 2018 |
| Float-sink testing units (incorporating ventilation ducting, fans, density separation apparatus etc, but excluding float-sink buckets) | 15 | * | 1 Jul 2018 |
| Flotation machines (including froth rotation machines) | 20 | * | 1 Jul 2018 |
| Jaw crushers | 10 | * | 1 Jul 2018 |
| Pulverisers | 10 | * | 1 Jul 2018 |
| Riffle splitters | 10 | * | 1 Jul 2018 |
| Rotary Sample Dividers (RSDs) | 15 | * | 1 Jul 2018 |
| Sample storage assets: | |||
| Cool room assets - see Table B Refrigeration assets | |||
| Portable refrigerators/freezers | 10 | * | 1 Jul 2018 |
| Sample trays | 5 | * | 1 Jul 2018 |
| Sample trolleys | 10 | * | 1 Jul 2018 |
| Sieve shakers (excluding sieves) | 10 | * | 1 Jul 2018 |
| Sieves (including various meshes and sizes) | 7 | * | 1 Jul 2018 |
| Weighing scales | 10 | * | 1 Jul 2018 |
| Laboratory analytical equipment and instruments: | * | 1 Jul 2018 | |
| Analytical balances | 7 | * | 1 Jul 2018 |
| Calorimeters | 10 | * | 1 Jul 2018 |
| Carbon and sulphur analysers | 7 | * | 1 Jul 2018 |
| CHN analysers (including carbon, hydrogen and nitrogen) | 7 | * | 1 Jul 2018 |
| Coal ash fusibility furnaces | 10 | * | 1 Jul 2018 |
| Crucible Swell Number (CSN) burners | 10 | * | |
| Dilatometers | 9 | * | 1 Jul 2018 |
| Fume cabinets | 15 | * | 1 Jul 2018 |
| Moisture testing ovens (including nitrogen setup apparatus) | 10 | * | 1 Jul 2018 |
| Muffle furnaces | 15 | * | |
| Particle size analysers | 10 | * | 1 Jul 2018 |
| Petrographic microscopes | 10 | * | 1 Jul 2018 |
| Plastometers | 9 | * | 1 Jul 2018 |
| Water baths (including ultrasonic water baths) | 7 | * | 1 Jul 2018 |
| X-Ray Fluorescence (XRF) and X-Ray Diffraction (XRD) | 7 | * | 1 Jul 2018 |
|
Advertising services
(69400) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Advertising signs - see Table B Advertising signs | |||
|
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 (PE) cages | 10 | * | 1 Jan 2004 |
| Stainless steel cages | 20 | * | 1 Jan 2004 |
| Animal patient monitoring assets (including blood pressure monitors, carbon dioxide (CO2) 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 |
| Audio assets (including microphones, preamplifiers, sound recording devices, transmitters and receivers) | 3 | * | 1 Jul 2015 |
| Camera lenses | 5 | * | 1 Jul 2015 |
| Digital cameras: | |||
| Compact cameras (including point and shoot cameras) | 3 | * | 1 Jul 2015 |
| Compact system cameras (including bridge cameras, micro four-thirds cameras, mirrorless cameras) | 3 | * | 1 Jul 2015 |
| Medium format single lens reflex (SLR) camera systems (including camera bodies and digital backs) | 4 | * | 1 Jul 2015 |
| SLR cameras (including full-frame SLR cameras) | 3 | * | 1 Jul 2015 |
| Lighting assets: | |||
| Electronic flash units (including compact flash heads, monolights): | |||
| Portable | 3 | * | 1 Jul 2015 |
| Studio lightings | 5 | * | 1 Jul 2015 |
| Light meters | 5 | * | 1 Jul 2015 |
| Light shaping tools (including modelling glass protectors, reflectors and scrims, softboxes and umbrellas) | 3 | * | 1 Jul 2015 |
| Portable flash units (including flashguns) | 2 | * | 1 Jul 2015 |
| Power packs (including battery packs and compact flash generators) | 4 | * | 1 Jul 2015 |
| Support assets: | |||
| Backdrop support systems (including background elevation systems) | 10 | * | 1 Jul 2015 |
| Bags and cases | 5 | * | 1 Jul 2015 |
| Camera track sliders | 2 | * | 1 Jul 2015 |
| Light stands (including boom arms) | 5 | * | 1 Jul 2015 |
| Photographic printers/plotters | 4 | * | 1 Jul 2015 |
| Tent and shooting tables | 2 | * | 1 Jul 2015 |
| Tripods | 5 | * | 1 Jul 2015 |
| Unmanned aerial vehicles (drones/remotely piloted aircraft) - rotary | 2 | * | 1 Jul 2015 |
| Wind machines | 5 | * | 1 Jul 2015 |
References
ATO references:
NO 1-B8V6TGB
ISSN: 2205-6122
Related Rulings/Determinations:
TR 2018/4W
TR 2013/4
TR 2014/4
TR 2015/2
TR 2016/1
TR 2017/2
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)
TAA 1953
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2018 (No. 1)