Taxation Ruling
TR 2022/1
Income tax: effective life of depreciating assets (applicable from 1 July 2022)
-
Please note that the PDF version is the authorised version of this ruling.This Ruling, which applies from 1 July 2022, replaces TR 2021/3 (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 | |||
References
ATO references:
NO 1-SY3H7A0
Previous Rulings/Determinations:
TR 2017/2
TR 2018/4
TR 2019/5
TR 2020/3
TR 2021/3
ISSN: 2205-6122
Subject References:
depreciation
depreciation rate
effective life
Legislative References:
ITAA 1997 Div 40
ITAA 1997 40-25
ITAA 1997 40-25(7)
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 40-102(5)
ITAA 1997 40-105
ITAA 1997 40-110
ITAA 1997 40-345(2)
IT(TP)A 1997 Subdiv 40-BB
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2022