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Taxation Ruling

TR 2019/5

Income tax: effective life of depreciating assets (applicable from 1 July 2019)

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Please note that the PDF version is the authorised version of this ruling.

This Ruling, which applies from 1 July 2019, replaces TR 2018/4 (see paragraph 5 of this Ruling for further details).

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Arts and recreation services - (89100 to 92099)

ARTS AND RECREATION SERVICES
(89100 to 92099)

*Heritage activities* *(89100 to 89220)*
ASSET	LIFE (YEARS)	REVIEWED	DATE OF APPLICATION
Museum displays in aircraft/war museums	100		1 Jan 2001
Parks and gardens:
Lion parks:
Animal cages and sheds	20		1 Jan 2001
Animal huts	10		1 Jan 2001
Planetarium domes	33 ⅓		1 Jan 2001
Sea life centres:
Fibreglass aquarium tanks	20		1 Jan 2001
Ketches	13 ⅓		1 Jan 2001
TV audio systems	10		1 Jan 2001

*Creative and performing arts activities* *(90010 to 90030)*
ASSET	LIFE (YEARS)	REVIEWED	DATE OF APPLICATION
Theatre equipment:
Accessories (theatrical - wigs, costumes etc)	5		1 Jan 2001
Performing dogs - see Table B Working dogs

*Health and fitness centres and gymnasia operation* *(91110)*
ASSET	LIFE (YEARS)	REVIEWED	DATE OF APPLICATION
Health and fitness centre operation assets:
Cardiovascular training machines:
Cross trainers, steppers and treadmills	4	*	1 Jul 2012
Exercise bicycles (including spin bicycles, upright and recumbent bicycles)	4	*	1 Jul 2012
Rowing machines	5	*	1 Jul 2012
Free weight training assets:
Barbells, dumbbells, kettle bells, weight plates and storage racks	6	*	1 Jul 2012
Benches (including abdominal crunch, adjustable, declined, inclined and flat benches)	8	*	1 Jul 2012
Resistance training machines (including abdomen, arm, back, chest, hip, leg, shoulder and multiple training machines)	8	*	1 Jul 2012
Support assets:
Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players and television sets)	4	*	1 Jul 2012
Fans (including wall mounted)	5	*	1 Jul 2012
Lockers	8	*	1 Jul 2012
Platform scales	5	*	1 Jul 2012

*Sport and recreation services* *(91121 to 91390)*
ASSET	LIFE (YEARS)	REVIEWED	DATE OF APPLICATION
Amusement machines and equipment:
Coin-operated amusement machines:
Children's rides	5	*	1 Jul 2001
Convertible video games/simulators (cabinet)	5 ½	*	1 Jul 2001
Dedicated video games/simulators	3 ½	*	1 Jul 2001
Interchangeable video game kits	1	*	1 Jul 2001
Juke boxes (CD)	10	*	1 Jul 2001
Photo-image machines	3 ½	*	1 Jul 2001
Pinball machines	3 ½	*	1 Jul 2001
Pool/billiard tables	10	*	1 Jul 2001
Redemption games (prizes/tickets)	5 ½	*	1 Jul 2001
Table games (including air hockey, soccer etc)	5 ½	*	1 Jul 2001
Billiard tables	40		1 Jan 2001
Rides and devices (fixed or mobile):
Chair-o-planes	15	*	1 Jan 2002
Children's indoor soft playgrounds	5	*	1 Jan 2002
Children's rides (designed for the carriage of children less than 8 years old)	15	*	1 Jan 2002
Ferris wheels	25	*	1 Jan 2002
Free falls (including giant drop and tower of terror)	25	*	1 Jan 2002
Inflatables (including jumping castles)	5	*	1 Jan 2002
Overhead transit devices (including chair lifts and cabin lifts)	25	*	1 Jan 2002
Roller coasters:
Non-powered (including corkscrew loop, looping coasters and mini roller coasters - wild cat, madmouse)	25	*	1 Jan 2002
Powered (including tornado)	15	*	1 Jan 2002
Round rides with or without additional motions (including merry-go-rounds)	15	*	1 Jan 2002
Self-drive non-powered gravity rides (including toboggans and bob-sleds):
Track	20	*	1 Jan 2002
Vehicle	5	*	1 Jan 2002
Self-drive powered rides (including dodgems and go-karts):
Track	15	*	1 Jan 2002
Vehicle	5	*	1 Jan 2002
Simulators	10	*	1 Jan 2002
Swinging rides (including pirate ship, spaceloop, and rainbow)	15	*	1 Jan 2002
Trains, tracked or trackless (including tractor trains and miniature railways)	10	*	1 Jan 2002
Water rides	20	*	1 Jan 2002
Water slides (gravity powered)	20	*	1 Jan 2002
Bowling centres (plant and equipment):
Bowling alleys (timber - including ball return tracks, gutters, pit signals and terminals)	13 ⅓		1 Jan 2001
Bowling balls	5		1 Jan 2001
Carpets	4		1 Jan 2001
Masking units	10		1 Jan 2001
Pin setters and pin spotters	10		1 Jan 2001
Other equipment	13 ⅓		1 Jan 2001
Golf courses (miniature):
Carpets on stairways	3		1 Jan 2001
Lighting plant, electric motors, moving parts	20		1 Jan 2001
Lighting standards	40		1 Jan 2001
Marina operation:
Boat cradles	10	*	1 Jul 2002
Boat storage racks	10	*	1 Jul 2002
Forklifts	11	*	1 Jul 2002
Marina - wet berths (incorporating piling, decking and floating pontoons)	20	*	1 Jul 2002
Mooring buoys	10	*	1 Jul 2002
Travel lifts	15	*	1 Jul 2002
Racehorses	10		1 Jan 2001
Racing cars	2		1 Jan 2001
Shuffle boards	10		1 Jan 2001
Skating rink plant:
Fittings (open air)	20		1 Jan 2001
General freezing plant and equipment	13 ⅓		1 Jan 2001
Hired ice skating boots	5		1 Jan 2001
Roller skates	5		1 Jan 2001
Surface (synthetic panels)	10		1 Jan 2001
Ski equipment (skis, boots and stocks for hiring to public)	3		1 Jan 2001
Ski maintenance machines	13 ⅓		1 Jan 2001
Space theatre domes	33 ⅓		1 Jan 2001
Tennis court surfaces:
Bitumen	20		1 Jan 2001
Plexipave	20		1 Jan 2001
Synthetic lawn	10		1 Jan 2001
Trampolines	10		1 Jan 2001

*Gambling activities* *(92010 to 92099)*
ASSET	LIFE (YEARS)	REVIEWED	DATE OF APPLICATION
Poker/gaming machines	7	*	1 Jul 2009
Totalisators:
Computer equipment	10		1 Jan 2001
Ancillary equipment (eg ticket issuing machines)	13 ⅓		1 Jan 2001