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that the PDF version is the authorised consolidated version of this ruling and amending notices.This document has been Withdrawn.View the Withdrawal notice for this document.This Ruling, which applies from 1 July 2018, replaces TR 2017/2 (see paragraph 5 of this Ruling for further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This Ruling has been replaced by TR 2019/5 .
Transport, postal and warehousing - (46100 to 53090)
|
TRANSPORT, POSTAL AND WAREHOUSING
(46100 to 53090) |
|
Road transport
(46100 to 46239) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Containers, transportable (used to transport goods by road, rail and sea) | 10 | * | 1 Jan 2001 |
| Motor vehicles and trailers: | |||
| Buses having a gross vehicle mass of more than 3.5 tonnes [32] | 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 cars [33] : | |||
| Cars used to provide basic service ride-sourcing, ride-hailing or ride-sharing services (eg uberX) | 8 | * | 1 Jul 2016 |
| Generally (including cars used to provide premium service ride-sourcing, ride-hailing or ride-sharing services eg UberBLACK) | 6 | * | 1 Jul 2016 |
| Rental cars [34] | 5 | * | 1 Jul 2016 |
| Taxis | 4 | * | 1 Jul 2015 |
| 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 [35] | 12 | *# | 1 Jan 2005 |
| Limousines: | |||
| Sedan limousines | 6 | * | 1 Jul 2016 |
| Stretch limousines | 12 | * | 1 Jul 2016 |
| Minibuses having a gross vehicle mass of 3.5 tonnes or less and designed to carry 9 or more passengers [36] | 12 | *# | 1 Jan 2005 |
| Trailers having a gross vehicle mass greater than 4.5 tonnes [37] | 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) [38] | 15 | *# | 1 Jan 2005 |
|
Tramway and light rail passenger transport services
(46220) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Infrastructure assets: | |||
| Communication, computer and passenger support assets: | |||
| Automatic vehicle monitoring computer systems | 10 | * | 1 Jul 2010 |
| Automatic vehicle monitoring tram borne equipment (including transponders) | 10 | * | 1 Jul 2010 |
| CCTV systems | 4 | * | 1 Jul 2010 |
| Control systems | 10 | * | 1 Jul 2010 |
| Hand-held passenger ticketing machines | 5 | * | 1 Jul 2010 |
| Passenger information displays | 10 | * | 1 Jul 2010 |
| Passenger ticketing machines | 15 | * | 1 Jul 2010 |
| Radio base stations, intercoms | 7 | * | 1 Jul 2010 |
| Electrification assets: | |||
| Lighting | 15 | * | 1 Jul 2010 |
| Overhead distribution lines (incorporating conductors, cross arms, feeders, insulators, inverters, fittings and poles) | 30 | * | 1 Jul 2010 |
| Power transformers | 40 | * | 1 Jul 2010 |
| Substations (incorporating switchgear and circuit breakers) | 40 | * | 1 Jul 2010 |
| Signalling assets (including automatic points) | 15 | * | 1 Jul 2010 |
| Track maintenance assets: | |||
| Truck mounted maintenance assets (including points cleaning, sweeping and welding machines) | 15 | * | 1 Jul 2010 |
| Trackwork (incorporating track drainage): | |||
| Ballasted track | 25 | * | 1 Jul 2010 |
| Curved track | 20 | * | 1 Jul 2010 |
| Embedded track | 30 | * | 1 Jul 2010 |
| Points (excluding automatic points) and crossings | 20 | * | 1 Jul 2010 |
| Track within depots | 40 | * | 1 Jul 2010 |
| Tramway and light rail rolling stock: | |||
| Bogies | 30 | * | 1 Jul 2010 |
| Carriages, modules, saloons | 30 | * | 1 Jul 2010 |
| Pantographs | 15 | * | 1 Jul 2010 |
|
Rail freight and passenger transport services
(47100 to 47200) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Containers, transportable (used to transport goods by road, rail and sea) | 10 | * | 1 Jan 2001 |
| Infrastructure assets: | |||
| Electrification assets: | |||
| Overhead distribution lines (incorporating conductors, contact catenary, cross arms, insulators and fittings, and poles) | 33 ⅓ | * | 1 Jan 2002 |
| Power transformers | 30 | * | 1 Jan 2002 |
| Substations (incorporating switchgear and circuit breakers) | 40 | * | 1 Jan 2002 |
| Passenger information and ticketing system | 15 | * | 1 Jan 2002 |
| Signalling assets (including axle detectors, block signals, dragging equipment detector, hot boxes, interlockings, level crossings, and train control and train describer) | 15 | * | 1 Jan 2002 |
| Trackwork (incorporating rails, sleepers, ballast, permanent way/top 600, and integral bridges, culverts and tunnels): | |||
| Freight (trackwork used by vehicles with gross axle loads of 30 tonnes and below per vehicle): | |||
| Heavy haul (trackwork carrying >20 GMT per annum) | 30 | * | 1 Jan 2002 |
| Light haul (trackwork carrying <1 GMT per annum) | 50 | * | 1 Jan 2002 |
| Medium haul (trackwork carrying between 1 GMT and 20 GMT per annum) | 40 | * | 1 Jan 2002 |
| Freight (trackwork used by vehicles with gross axle loads above 30 tonnes per vehicle) | 20 | * | 1 Jan 2002 |
| Passenger | 40 | * | 1 Jan 2002 |
| Turnouts and crossings | 20 | * | 1 Jan 2002 |
| Monorail operation assets: | |||
| Infrastructure assets: | |||
| Communication, computer and passenger assets: | |||
| CCTV systems | 4 | * | 1 Jul 2010 |
| Control systems (including commutators) | 10 | * | 1 Jul 2010 |
| Hand held passenger ticketing machines | 5 | * | 1 Jul 2010 |
| Passenger information displays | 10 | * | 1 Jul 2010 |
| Passenger ticketing machines | 15 | * | 1 Jul 2010 |
| Phones, radio base stations, intercoms | 7 | * | 1 Jul 2010 |
| Rescue and recovery vehicles | 30 | * | 1 Jul 2010 |
| Electrification assets: | |||
| Collector rails | 30 | * | 1 Jul 2010 |
| Lighting | 15 | * | 1 Jul 2010 |
| Power transformers | 40 | * | 1 Jul 2010 |
| Standby generators | 25 | * | 1 Jul 2010 |
| Substations (incorporating switchgear and circuit breakers) | 40 | * | 1 Jul 2010 |
| Uninterruptible power supply (UPS) systems | 5 | * | 1 Jul 2010 |
| Track and maintenance assets: | |||
| Beams and columns | 30 | * | 1 Jul 2010 |
| Maintenance vehicles | 15 | * | 1 Jul 2010 |
| Track | 30 | * | 1 Jul 2010 |
| Track switches | 30 | * | 1 Jul 2010 |
| Traversers | 30 | * | 1 Jul 2010 |
| Monorail rolling stock: | |||
| Bogies | 30 | * | 1 Jul 2010 |
| Carriages, modules, saloons | 30 | * | 1 Jul 2010 |
| Railway rolling stock: | |||
| Locomotives: | |||
| Generally (including diesel-electric and electric) | 25 | * | 1 Jan 2002 |
| Heavy haul (bulk minerals/coal) | 20 | * | 1 Jan 2002 |
| Underground (diesel-battery) | 15 | * | 1 Jan 2002 |
| Passenger: | |||
| Electric/diesel power cars and trailers | 30 | * | 1 Jan 2002 |
| Locomotive hauled carriages (including baggage vans, diners, mail vans, sit-up cars, and sleepers) | 30 | * | 1 Jan 2002 |
| Power vans | 15 | * | 1 Jan 2002 |
| Rail mounted track infrastructure assets: | |||
| Generally (including ballast wagons/cleaners/regulators, rail grinders, sleeper laying machines and track recorders) | 20 | * | 1 Jan 2002 |
| Mainline and switch tampers | 15 | * | 1 Jan 2002 |
| Wagons - bulk freight: | |||
| Mineral ores and coal: | |||
| Carbon steel | 20 | * | 1 Jan 2002 |
| Ferritic steel | 30 | * | 1 Jan 2002 |
| Other: | |||
| Coke quenchers | 15 | * | 1 Jan 2002 |
| Grain hoppers | 20 | * | 1 Jan 2002 |
| Limestone | 20 | * | 1 Jan 2002 |
| Pneumatic discharge - cement | 20 | * | 1 Jan 2002 |
| Used on tram lines | 40 | 1 Jan 2001 | |
| Tank cars | 20 | * | 1 Jan 2002 |
| Wagons - non bulk freight (including all wagons used for general and inter-modal freight) | 30 | * | 1 Jan 2002 |
| Note: From the 2012-13 income year, a capped life of 10 years is available for the decline in value of eligible shipping vessels but only if certain conditions are met (see subsection 40-102(4) item 10 and subsection 40-102(4A)) | |||
|
Water transport and support services
(48100 to 48200 and 52110 to 52190) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Commercial vessels: | |||
| Canoes | 10 | * | 1 Jul 2009 |
| Dinghies and punts (not longer than 6 metres) | 12 | * | 1 Jul 2009 |
| Fishing vessels (including trawlers, long liners, seiners, fin fish boats, pearling boats, lobster boats, aquaculture and other fishing boats): | |||
| Longer than 10 metres | 20 | * | 1 Jul 2009 |
| Not longer than 10 metres | 15 | * | 1 Jul 2009 |
| Houseboats | 20 | * | 1 Jul 2009 |
| Inflatable boats (excluding rigid hull inflatable boats) | 7 | * | 1 Jul 2009 |
| Jet skis | 4 | * | 1 Jul 2009 |
| Kayaks | 5 | * | 1 Jul 2009 |
| Offshore supply and support vessels | 20 | * | 1 Jul 2009 |
| Passenger vessels (including cruise vessels, skippered charter vessels, vehicle and passenger ferries, semi submersible vessels and water taxis): | |||
| Longer than 10 metres | 20 | * | 1 Jul 2009 |
| Not longer than 10 metres | 15 | * | 1 Jul 2009 |
| Pedal boats | 10 | * | 1 Jul 2009 |
| Pontoon boats (excluding pontoons or floating jetties used for storage or walkway only) | 15 | * | 1 Jul 2009 |
| Sail boats (not longer than 6 metres and including 'off the beach' boats) | 10 | * | 1 Jul 2009 |
| Ski boats | 10 | * | 1 Jul 2009 |
| Thrill boats (including jet boats) | 10 | * | 1 Jul 2009 |
| Trading ships: | |||
| Bulk carriers | 20 | * | 1 Jul 2009 |
| Cargo ships | 20 | * | 1 Jul 2009 |
| Container ships | 20 | * | 1 Jul 2009 |
| Roll on/roll off ships | 20 | * | 1 Jul 2009 |
| Tankers: | |||
| Oil and chemical | 20 | * | 1 Jul 2009 |
| LNG and LPG | 30 | * | 1 Jul 2009 |
| Work vessels (including barges, coastal supply boats, dredges, general work boats, landing craft, launches, lighters, line boats, pilot boats, runabouts and tug boats): | |||
| Longer than 10 metres | 20 | * | 1 Jul 2009 |
| Not longer than 10 metres | 15 | * | 1 Jul 2009 |
| Yachts and motor cruisers - bare boat charter (including monohulls, catamarans and trimarans) | 15 | * | 1 Jul 2009 |
| Support assets (acquired separately from the vessel): | |||
| Desalinators | 10 | * | 1 Jul 2009 |
| Hot water units: | |||
| Domestic | 5 | * | 1 Jul 2009 |
| Marine | 10 | * | 1 Jul 2009 |
| Lifting assets: | |||
| Hoists and winches: | |||
| Electric | 5 | * | 1 Jul 2009 |
| Hydraulic and mechanical | 10 | * | 1 Jul 2009 |
| Navigational and communication assets acquired separately from the vessel (including autopilots, chart plotters, depth sounders, GPS, radar systems and marine radios) | 5 | * | 1 Jul 2009 |
| Outboard motors | 5 | * | 1 Jul 2009 |
| Power supply assets: | |||
| Batteries (deep cycle) | 3 | * | 1 Jul 2009 |
| Generators (stand alone) | 10 | * | 1 Jul 2009 |
| Inverters | 6 | * | 1 Jul 2009 |
| Safety assets: | |||
| Emergency signalling assets (including EPIRBS) | 5 | * | 1 Jul 2009 |
| Life rafts | 10 | * | 1 Jul 2009 |
| Trailers | 8 | * | 1 Jul 2009 |
| Port assets: | |||
| Cargo handling equipment: | |||
| Containers, transportable (used to transport goods by road, rail and sea) | 10 | * | 1 Jan 2001 |
| Cranes: | |||
| Container/portainer | 20 | * | 1 Jul 2002 |
| Fixed | 25 | * | 1 Jul 2002 |
| Mobile (over 15.24 tonnes lift) | 20 | * | 1 Jul 2002 |
| Dozers | 9 | * | 1 Jul 2002 |
| Forklifts: | |||
| Container handling | 7 ½ | * | 1 Jul 2002 |
| General handling | 11 | * | 1 Jul 2002 |
| Rail mounted gantries | 15 | * | 1 Jul 2002 |
| Reach stackers | 10 | * | 1 Jul 2002 |
| Ship loaders | 30 | * | 1 Jul 2002 |
| Ship unloaders | 20 | * | 1 Jul 2002 |
| Spreaders | 5 | * | 1 Jul 2002 |
| Stackers, reclaimers and stackers/reclaimers | 25 | * | 1 Jul 2002 |
| Straddle carriers | 12 ½ | * | 1 Jul 2002 |
| Wheel loaders | 8 | * | 1 Jul 2002 |
| Control systems: | |||
| Control system assets - programmable logic controllers (PLCs) and hardware | 10 | * | 1 Jul 2002 |
| Motor control centre and motor control field devices | 20 | * | 1 Jul 2002 |
| Environmental equipment: | |||
| Current, tidal, wave and wind monitoring systems | 5 | * | 1 Jul 2002 |
| Oil spill containment boom | 10 | * | 1 Jul 2002 |
| Intermodal facilities: | |||
| Receival station assets (including belt feeder, hopper and tippler) | 30 | * | 1 Jul 2002 |
| Truck and rail receival dump pit | 50 | * | 1 Jul 2002 |
| Land based facilities: | |||
| Concrete rail beams and rails | 30 | * | 1 Jul 2002 |
| Conveyor systems (incorporating chutes, gravity take-up assemblies, headframes, structures, surge bins, transfer towers and weigh towers) | 30 | * | 1 Jul 2002 |
| Dust suppression systems | 30 | * | 1 Jul 2002 |
| Electricity supply assets - see Table A Electricity supply (26110 to 26400) | |||
| Storage sheds, to the extent they form an integral part of bulk handling equipment | 40 | * | 1 Jul 2002 |
| Navigational aids: | |||
| Land based navigational aids | 20 | * | 1 Jul 2002 |
| Offshore beacons, channel markers and lead lights: | |||
| Floating buoys | 10 | * | 1 Jul 2002 |
| Piled structures | 20 | * | 1 Jul 2002 |
| Other facilities: | |||
| Cathodic protection: | |||
| Impressed current system | 30 | * | 1 Jul 2002 |
| Sacrificial system | 15 | * | 1 Jul 2002 |
| Dry docks (including floating dry docks) | 40 | * | 1 Jul 2013 |
| Fender systems: | |||
| Elastomeric | 20 | * | 1 Jul 2002 |
| Timber | 10 | * | 1 Jul 2002 |
| Gangways - removable | 10 | * | 1 Jul 2002 |
| Mooring facilities (including bollards) | 40 | * | 1 Jul 2002 |
| Mooring quick release hooks | 20 | * | 1 Jul 2002 |
| Pontoons - floating | 20 | * | 1 Jul 2002 |
| Slipways (incorporating rails, ramps, runners and winching systems) | 30 | * | 1 Jul 2002 |
| Wharves, dolphins and jetties | 40 | * | 1 Jul 2002 |
| Salvage machinery: | |||
| Boilers, vertical | 40 | 1 Jan 2001 | |
| Engine hoisting | 40 | 1 Jan 2001 | |
| Pumps: | |||
| Centrifugal, direct acting, and connections | 40 | 1 Jan 2001 | |
| Duplex boiler feed | 40 | 1 Jan 2001 | |
|
Other air and space transport
(49009) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Aircraft: | |||
| Aeroplanes: | |||
| General use [39] | 20 | *# | 1 Jul 2002 |
| Used predominantly for agricultural spraying or agricultural dusting [40] | 10 | *# | 1 Jul 2002 |
| Helicopters: | |||
| General use [41] | 20 | *# | 1 Jul 2002 |
| Used predominantly for mustering, agricultural spraying or agricultural dusting [42] | 10 | *# | 1 Jul 2002 |
|
Scenic and sightseeing transport
(50100) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Gliders (including motor gliders) | 20 | * | 1 Jul 2013 |
| Hot air balloon ride operation assets: | |||
| Flight instruments | 10 | * | 1 Jul 2013 |
| Hot air balloon assets: | |||
| Baskets | 6 | * | 1 Jul 2013 |
| Burners | 10 | * | 1 Jul 2013 |
| Envelopes | 5 | * | 1 Jul 2013 |
| Fuel cylinders and tanks (incorporating shut off valves) | 20 | * | 1 Jul 2013 |
| Inflator fans | 15 | * | 1 Jul 2013 |
| Monocable circulating detachable, reversible and fixed ropeway assets operated in non-snowfield areas: | |||
| Cabins (including carriers) | 25 | * | 1 Jul 2009 |
| Communications assets: | |||
| Communications cables | 10 | * | 1 Jul 2009 |
| Radios | 5 | * | 1 Jul 2009 |
| Drive and return station assets (including braking systems, drive systems, gear boxes, motors, variable speed drives (VSDs) and tensioning systems) | 15 | * | 1 Jul 2009 |
| Rescue vehicles | 30 | * | 1 Jul 2009 |
| Ropes: | |||
| Haul ropes | 10 | * | 1 Jul 2009 |
| Track ropes | 20 | * | 1 Jul 2009 |
| Standby power drives | 25 | * | 1 Jul 2009 |
| Towers: | |||
| Tower heads | 15 | * | 1 Jul 2009 |
| Tower structures | 30 | * | 1 Jul 2009 |
| Transportation systems (incorporating drives and belts) | 3 | * | 1 Jul 2009 |
|
Pipeline transport
(50210) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Pipes and pipelines (including valves and fittings): | |||
| Generally | 25 | * | 1 Jul 2003 |
| Slurry pipework within processing facility (including slurry pipe to thickener) | 10 | * | 1 Jan 2006 |
| Pumps: | |||
| Generally | 20 | * | 1 Jul 2003 |
| Positive displacement pumps | 15 | * | 1 Jul 2003 |
|
Other transport n.e.c.
(50290) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Monocable circulating fixed grip and detachable ropeway assets operated in snowfield areas (including double, triple and quad chair lifts, T-bar, poma and surface lifts): | |||
| Chair head grips | 15 | * | 1 Jul 2009 |
| Chairs, T-bars and pomas | 25 | * | 1 Jul 2009 |
| Communication assets: | |||
| Communications cables - above ground | 10 | * | 1 Jul 2009 |
| Communications cables - under ground | 25 | * | 1 Jul 2009 |
| Radios and telephone systems | 5 | * | 1 Jul 2009 |
| Covered moving walkways (including covered walkways and carpets) | 10 | * | 1 Jul 2009 |
| Drive and return station assets (including braking systems, drive systems, gear boxes, motors, variable speed drives (VSDs) and tensioning systems) | 20 | * | 1 Jul 2009 |
| Oversnow transport assets: | |||
| Oversnow transporters | 8 | * | 1 Jul 2009 |
| Skidoos | 5 | * | 1 Jul 2009 |
| Ropes: | |||
| Main hauling rope for detachable lifts etc | 15 | * | 1 Jul 2009 |
| Main hauling rope for fixed grip, t-bars lifts etc | 20 | * | 1 Jul 2009 |
| Snow grooming assets (including free groomers, snow blowers and winches) | 8 | * | 1 Jul 2009 |
| Snowmaking assets including: | |||
| Air water guns and fan guns | 10 | * | 1 Jul 2009 |
| Compressors, pumps, water mains and pipes | 20 | * | 1 Jul 2009 |
| Cooling towers | 15 | * | 1 Jul 2009 |
| Electrical cables - above ground | 10 | * | 1 Jul 2009 |
| Electrical cables - under ground | 25 | * | 1 Jul 2009 |
| Weather stations | 5 | * | 1 Jul 2009 |
| Standby power drives | 25 | * | 1 Jul 2009 |
| Tower heads and structures | 30 | * | 1 Jul 2009 |
|
Postal services
(51010) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Mail house assets: | |||
| Envelope inserters | 7 | * | 1 Jul 2015 |
| Folders | 12 ½ | * | 1 Jul 2015 |
| Guillotines | 15 | * | 1 Jul 2015 |
| Heat sealers | 10 | * | 1 Jul 2015 |
| Printers | 5 | * | 1 Jul 2015 |
| Racks | 20 | * | 1 Jul 2015 |
| Scales | 5 | * | 1 Jul 2015 |
| Scanners | 5 | * | 1 Jul 2015 |
| Trolleys | 8 | * | 1 Jul 2015 |
| Postal delivery services: | |||
| Control systems and control system assets | 10 | * | 1 Jul 2016 |
| Flat mail optical character reading and sorting machines | 12 | * | 1 Jul 2016 |
| Letter boxes (bulk private) | 30 | * | 1 Jul 2016 |
| Letter sorting assets (including bar code sorters, culler facer cancellers and multiline optical character readers) | 12 | * | 1 Jul 2016 |
| Motorcycles | 5 | * | 1 Jul 2016 |
| Parcel lockers | 10 | * | 1 Jul 2016 |
| Parcel sorting system assets (excluding control systems and control system assets) | 15 | * | 1 Jul 2016 |
| Post boxes (street type) | 20 | * | 1 Jul 2016 |
|
Courier pick-up and delivery services
(51020) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Inspection assets: | |||
| Scales: | |||
| Bench | 10 | * | 1 Jul 2011 |
| Floor (platform) | 20 | * | 1 Jul 2011 |
| Weight dimension capture system assets (including checkweighers, in motion scales and readers) | 10 | * | 1 Jul 2011 |
| Materials handling equipment: | |||
| Ball transfer mats and castor decks | 20 | * | 1 Jul 2011 |
| Control systems and control system assets | 10 | * | 1 Jul 2016 |
| Conveyors (including shoe sorters) | 15 | * | 1 Jul 2011 |
| Forklifts - see Table B | |||
| Parcel sorting system assets (including sortation system assets) (excluding control systems and control system assets) | 15 | * | 1 Jul 2016 |
| Scissor lifts | 10 | * | 1 Jul 2015 |
| Storage racks | 20 | * | 1 Jul 2011 |
| Trolleys, freight barrows, cages and bins | 10 | * | 1 Jul 2011 |
| Pick up and delivery equipment: | |||
| Barcode label printers | 5 | * | 1 Jul 2011 |
| Portable hand held barcode readers (including point of delivery capture devices and delivery information acquisition devices) | 4 | * | 1 Jul 2011 |
|
Airport operations and other air transport support services
(52200) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Aircraft maintenance assets: | |||
| Aircraft testing equipment | 13 ⅓ | 1 Jan 2001 | |
| General plant and machinery | 20 | 1 Jan 2001 | |
| Hangar fixtures and fittings | 20 | 1 Jan 2001 | |
| Plant subject to excessive corrosion | 10 | 1 Jan 2001 | |
| Precision machines and plant | 10 | 1 Jan 2001 | |
| Aircraft training assets: | |||
| Flight simulators | 8 | 1 Jan 2001 | |
| Link trainers | 8 | 1 Jan 2001 | |
| Airport assets: | |||
| Aerobridges | 20 | * | 1 Jan 2003 |
| Baggage handling assets: | |||
| Baggage check-in stations (incorporating scales and check-in conveyors) | 10 | * | 1 Jan 2003 |
| Baggage outbound conveyor systems (incorporating belts, diverters, gearboxes, motors, ploughs, rollers, structures and tag readers) | 15 | * | 1 Jan 2003 |
| Baggage reclaim conveyor systems (incorporating belts, gearboxes, motors, rollers and structures) | 15 | * | 1 Jan 2003 |
| Control systems (excluding computers) | 10 | * | 1 Jan 2003 |
| Fire safety and rescue assets: | |||
| Breathing units | 10 | * | 1 Jan 2003 |
| Drills, air powered | 10 | * | 1 Jan 2003 |
| Fire fighting vehicles | 20 | * | 1 Jan 2003 |
| Rescue boats: | |||
| Aluminium | 20 | * | 1 Jan 2003 |
| Inflatable | 8 | * | 1 Jan 2003 |
| Rescue units (jaws of life) | 15 | * | 1 Jan 2003 |
| Fuel supply assets: | |||
| Aircraft fueller vehicles | 15 | * | 1 Jan 2003 |
| Aircraft hydrant dispenser vehicles | 15 | * | 1 Jan 2003 |
| Filters, fuel | 25 | * | 1 Jan 2003 |
| Fire fighting systems | 25 | * | 1 Jan 2003 |
| Piping | 25 | * | 1 Jan 2003 |
| Pumps, fuel | 25 | * | 1 Jan 2003 |
| Tanks | 25 | * | 1 Jan 2003 |
| Ground support assets: | |||
| Aircraft loader/unloader vehicles | 15 | * | 1 Jan 2003 |
| Aircraft stairs: | |||
| Manual | 20 | * | 1 Jan 2003 |
| Vehicle mounted | 15 | * | 1 Jan 2003 |
| Airstart units | 15 | * | 1 Jan 2003 |
| Containers, air cargo (used to transport goods by air) | 5 | * | 1 Jan 2001 |
| Ground power units | 15 | * | 1 Jan 2003 |
| High lift service vehicles (including catering, lavatory, maintenance and water vehicles) | 15 | * | 1 Jan 2003 |
| Tow tractors | 20 | * | 1 Jan 2003 |
| Tractors, baggage | 15 | * | 1 Jan 2003 |
| Tractor trolleys (including baggage and container trolleys, and dollies) | 10 | * | 1 Jan 2003 |
| Navigation aids: | |||
| Distance measuring assets | 15 | * | 1 Jan 2003 |
| Instrument landing systems | 10 | * | 1 Jan 2003 |
| Non-directional beacons (excluding towers) | 15 | * | 1 Jan 2003 |
| Radar sensors | 15 | * | 1 Jan 2003 |
| Towers | 30 | * | 1 Jan 2003 |
| VHF omni range assets (excluding towers) | 15 | * | 1 Jan 2003 |
| Runway sweepers | 15 | * | 1 Jan 2003 |
| Terminal building assets: | |||
| Flight information display signs (including monitors and LED screens) | 7 | * | 1 Jan 2003 |
| Security scanning assets (including explosive detection systems, hand-held and walk through detectors, and x-ray screening systems) | 5 | * | 1 Jan 2003 |
| Visual aids assets: | |||
| Docking guidance systems | 10 | * | 1 Jan 2003 |
| Lighting systems (including apron floodlighting, runway lighting and taxiway lighting) | 15 | * | 1 Jan 2003 |
| Movement area guidance signs | 10 | * | 1 Jan 2003 |
| Visual approach slope indicator systems (PAPI) | 15 | * | 1 Jan 2003 |
| Wind direction indicators, illuminated | 10 | * | 1 Jan 2003 |
|
Other transport support services n.e.c.
(52999) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Electronic toll collection assets: | |||
| Digital measuring instruments (including vehicle classifiers (laser or infrared) and electronic toll collection readers (radio frequency)) | 4 | * | 1 Jul 2005 |
| Electronic toll collection transponders | 4 | * | 1 Jul 2005 |
| Optical character recognition cameras | 4 | * | 1 Jul 2005 |
|
Other warehousing and storage services
(53090) |
|||
| 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 | |||
| 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 |
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)