Taxation Ruling
TR 2013/4
TR 2013/4 - Income tax: effective life of depreciating assets (applicable from 1 July 2013)
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TR 2013/4 - Effective lives (Industry Categories)
Table A as at 1 July 2013 - AGRICULTURE, FORESTRY AND FISHING
AGRICULTURE, FORESTRY AND FISHING
( 01110 to 05290 ) |
|||
ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
All terrain vehicles (ATVs) used in primary production activities | 5 | * | 1 Jul 2007 |
Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos) | 20 | * | 1 Jul 2006 |
Fences (excluding stockyard, pen and portable fences): Being fencing constructed at a time for a particular function (eg a line of fencing forming a side of a boundary or paddock) not being in the nature of a repair : | |||
General (incorporating anchor assemblies, intermediate posts, rails, wires, wire mesh and droppers) | 30 | * | 1 Jul 2008 |
Electric | 20 | * | 1 Jul 2008 |
Fence energisers for electric fences: | |||
Mains power | 10 | * | 1 Jul 2008 |
Portable | 5 | * | 1 Jul 2008 |
Fertigation systems: | |||
Pumps | 3 | * | 1 Jul 2008 |
Tanks | 10 | * | 1 Jul 2008 |
Grading and packing line assets used on farm: | |||
Banana assets: | |||
Air rams | 3 | * | 1 Jul 2008 |
Bunch lines | 10 | * | 1 Jul 2008 |
Choppers/mulchers | 8 | * | 1 Jul 2008 |
Rails (including points) | 15 | * | 1 Jul 2008 |
Scrap conveyors | 5 | * | 1 Jul 2008 |
Tops | 8 | * | 1 Jul 2008 |
Water troughs | 10 | * | 1 Jul 2008 |
Coffee assets: | |||
Dryers | 15 | * | 1 Jul 2008 |
Processors (including pulpers) | 10 | * | 1 Jul 2008 |
Fermentation tanks | 10 | * | 1 Jul 2008 |
Hullers | 12 | * | 1 Jul 2008 |
Washers/separators | 10 | * | 1 Jul 2008 |
General assets: | |||
Bin tippers | 15 | * | 1 Jul 2008 |
Conveyors (including elevators) | 10 | * | 1 Jul 2008 |
Drying tunnels | 15 | * | 1 Jul 2008 |
Fungicide units | 12 | * | 1 Jul 2008 |
Receival hoppers (including water dumps) | 15 | * | 1 Jul 2008 |
Tables (including packing and sorting tables) | 15 | * | 1 Jul 2008 |
Washing assets (including brush and barrel washer) | 10 | * | 1 Jul 2008 |
Waxing assets | 12 | * | 1 Jul 2008 |
Graders: | |||
Electronic | 10 | * | 1 Jul 2008 |
Mechanical | 15 | * | 1 Jul 2008 |
Optical | 8 | * | 1 Jul 2008 |
Labelling assets: | |||
Labelling applicators (including in line labellers) | 8 | * | 1 Jul 2008 |
Labelling guns | 3 | * | 1 Jul 2008 |
Olive oil processing assets | 15 | * | 1 Jul 2008 |
Tree nut assets: | |||
De-husking units | 8 | * | 1 Jul 2008 |
Drying silos | 20 | * | 1 Jul 2008 |
Trommels | 15 | * | 1 Jul 2008 |
Packing assets (including bagging and wrapping machines) | 10 | * | 1 Jul 2008 |
Scales (excluding platform scales) | 5 | * | 1 Jul 2008 |
Livestock grids | 40 | * | 1 Jul 2008 |
Motorcycles used in primary production activities | 5 | * | 1 Jul 2007 |
Post driver/hole diggers | 10 | * | 1 Jul 2008 |
Protective structures (including shade houses and netting constructions) | 20 | * | 1 Jul 2006 |
Sheds on land that is used for agricultural or pastoral operations (including machinery sheds, workshop sheds and farm production sheds) | 40 | * | 1 Jan 2007 |
Tractors | 12 | *# | 1 Jul 2007 |
Water assets: | |||
Bores | 30 | * | 1 Jul 2008 |
Dams (including earth or rock fill and turkey nests) | 40 | * | 1 Jul 2008 |
Dam liners and covers | 20 | * | 1 Jul 2008 |
Effluent channels | 40 | * | 1 Jul 2008 |
Effluent recycle tanks | 12 | * | 1 Jul 2008 |
Effluent sedimentation ponds | 40 | * | 1 Jul 2008 |
Irrigation assets: | |||
Drip, micro spray or mini sprinkler systems: | |||
Above ground polyethylene pipes | 10 | * | 1 Jul 2008 |
Drippers, micro sprays and mini sprinklers | 5 | * | 1 Jul 2008 |
Control systems | 10 | * | 1 Jul 2008 |
Filtration systems | 15 | * | 1 Jul 2008 |
Pumps | 12 | * | 1 Jul 2008 |
Variable speed drives | 15 | * | 1 Jul 2008 |
Irrigation earth channels | 40 | * | 1 Jul 2008 |
Irrigators (including centre pivot, lateral and travelling gun): | |||
Fresh water | 20 | * | 1 Jul 2008 |
Effluent | 10 | * | 1 Jul 2008 |
Pumps: | |||
Bore pumps, effluent and manure pumps | 7 | * | 1 Jul 2008 |
Other | 12 | * | 1 Jul 2008 |
Water mains: | |||
Aluminium | 20 | * | 1 Jul 2008 |
Galvanised steel | 25 | * | 1 Jul 2008 |
Polyethylene | 20 | * | 1 Jul 2008 |
PVC | 30 | * | 1 Jul 2008 |
Water tanks: | |||
Concrete | 30 | * | 1 Jul 2008 |
Galvanised steel | 25 | * | 1 Jul 2008 |
Polyethylene | 15 | * | 1 Jul 2008 |
Water troughs: | |||
Concrete | 25 | * | 1 Jul 2008 |
Galvanised steel | 15 | * | 1 Jul 2008 |
Polyethylene | 10 | * | 1 Jul 2008 |
Windmills | 30 | * | 1 Jul 2008 |
Water pressure cleaners | 5 | * | 1 Jul 2008 |
Agriculture
( 01110 to 01990 ) |
|||
ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
Bee farming plant: | |||
Beehives | 13 ⅓ | 1 Jan 2001 | |
Processing plant | 20 | 1 Jan 2001 | |
Bridges (wooden) | 20 | 1 Jan 2001 | |
Cotton sheds (humidification) | 20 | 1 Jan 2001 | |
Grain, cotton, peanut and rice assets: | |||
Chemical spraying assets: | |||
Generally (including broad acre trailed or linkage boom and utility) | 10 | * | 1 Jan 2007 |
Self-propelled | 8 | * | 1 Jan 2007 |
General assets: | |||
Aeration assets: | |||
Controllers | 10 | * | 1 Jan 2007 |
Kits | 15 | * | 1 Jan 2007 |
Augers (including conveyors) | 15 | * | 1 Jan 2007 |
Dryers | 20 | * | 1 Jan 2007 |
Moisture meters | 5 | * | 1 Jan 2007 |
Mulchers | 10 | * | 1 Jan 2007 |
Peanut pre-cleaners | 10 | * | 1 Jan 2007 |
Slashers | 7 | * | 1 Jan 2007 |
Harvesting assets: | |||
Boll buggies | 15 | * | 1 Jan 2007 |
Chaser bins | 15 | * | 1 Jan 2007 |
Combine harvesters | 12 | *# | 1 Jul 2007 |
Cotton picker/strippers | 10 | *# | 1 Jul 2007 |
Field bins | 20 | * | 1 Jan 2007 |
Fuel trailers | 15 | * | 1 Jan 2007 |
Module builders | 15 | * | 1 Jan 2007 |
Module tarpaulins | 5 | * | 1 Jan 2007 |
Peanut diggers (including peanut pullers) | 10 | *# | 1 Jan 2007 |
Peanut threshers | 12 | *# | 1 Jul 2007 |
Precision farming assets (including GPS, controllers, lightbars, variable rate technology assets) (excluding hydraulic automated steering) | 5 | * | 1 Jan 2007 |
Seeding and fertilizing assets: | |||
Fertilizer spreaders (including linkage and trailed) | 10 | * | 1 Jan 2007 |
Planters (including bar, box, combined seeders, precision planters and row crop planters) | 15 | * | 1 Jan 2007 |
Seed and fertilizer bins | 15 | * | 1 Jan 2007 |
Tillage assets: | |||
Generally | 15 | * | 1 Jan 2007 |
Harrows | 5 | * | 1 Jan 2007 |
Laser controlled scraping assets: | |||
Transmitters | 7 | * | 1 Jan 2007 |
Buckets | 10 | * | 1 Jan 2007 |
Rippers | 10 | * | 1 Jan 2007 |
Harvester/sweeper | 6 ⅔ | # | 1 Jan 2001 |
Hay and foraging assets: | |||
Bale handling attachments (including accumulator grabs, bale stackers, hay forks/spikes/spears (incorporating metal frame), round bale grabs) | 12 | * | 1 Jan 2007 |
Balers | 10 | * | 1 Jan 2007 |
Bale wrappers | 10 | * | 1 Jan 2007 |
Baler and wrappers | 10 | * | 1 Jan 2007 |
Forage harvesters | 10 | *# | 1 Jul 2007 |
Hay rakes (including finger wheel, rotary and parallel) | 10 | * | 1 Jan 2007 |
Moisture probes | 5 | * | 1 Jan 2007 |
Mower conditioners: | |||
Self-propelled: | |||
Attachments | 8 | * | 1 Jan 2007 |
Prime movers | 12 | * | 1 Jan 2007 |
Trailed | 8 | * | 1 Jan 2007 |
Super conditioners (hay re-conditioners) | 8 | * | 1 Jan 2007 |
Tedders | 10 | * | 1 Jan 2007 |
Trailed bale handling assets: | |||
Big square bale stackers | 10 | * | 1 Jan 2007 |
Generally (including accumulators and bale carriers) | 15 | * | 1 Jan 2007 |
Windrowers: | |||
Self-propelled: | |||
Attachments | 8 | * | 1 Jan 2007 |
Prime movers | 12 | * | 1 Jan 2007 |
Trailed | 8 | * | 1 Jan 2007 |
Hop growers' plant: | |||
Hop picking machines | 13 ⅓ | 1 Jan 2001 | |
Kilns | 20 | 1 Jan 2001 | |
Horse stalls (Breeze way, Shed row) | 33 ⅓ | 1 Jan 2001 | |
Horticultural plants: | |||
Citrus: | |||
Grapefruit | 30 | * | 1 Jan 2001 |
Lemon | 20 | * | 1 Jan 2001 |
Limes | 20 | * | 1 Jan 2001 |
Mandarin | 25 | * | 1 Jan 2001 |
Orange | 30 | * | 1 Jan 2001 |
Grapevines, dried | 15 | * | 1 Oct 2004 |
Grapevines, table | 15 | * | 1 Oct 2004 |
Grapevines, wine | 20 | * | 1 Oct 2004 |
Nuts: | |||
Almond | 25 | * | 1 Jul 2001 |
Cashew | 25 | * | 1 Jul 2001 |
Chestnut | 25 | * | 1 Jul 2001 |
Hazelnut | 25 | * | 1 Jul 2001 |
Jojoba | 30 | * | 1 Jul 2001 |
Macadamia | 25 | * | 1 Jul 2001 |
Pecan | 25 | * | 1 Jul 2001 |
Pistachio | 25 | * | 1 Jul 2001 |
Walnut | 25 | * | 1 Jul 2001 |
Pome: | |||
Apple | 20 | * | 1 Jan 2001 |
Pear | 25 | * | 1 Jan 2001 |
Stone Fruit: | |||
Apricots | 10 | * | 1 Jan 2001 |
Cherries | 18 | * | 1 Jan 2001 |
Nectarine | 10 | * | 1 Jan 2001 |
Olives | 30 | * | 1 Jan 2001 |
Peach | 10 | * | 1 Jan 2001 |
Plum | 15 | * | 1 Jan 2001 |
Prune | 20 | * | 1 Jan 2001 |
Tropical: | |||
Avocado | 20 | * | 1 Jan 2001 |
Mango | 30 | * | 1 Jan 2001 |
Levee banks and revetments | 40 | 1 Jan 2001 | |
Pea-viners, pea cleaners, vine and straw conveyors | 10 | 1 Jan 2001 | |
Silos: | |||
Ancillary equipment | 20 | 1 Jan 2001 | |
Grain (metal) | 30 | * | 1 Jul 2001 |
Stud stock and thoroughbred horses | 10 | 1 Jan 2001 | |
Trellis | 20 | 1 Jan 2001 | |
Sheep farming
(01410) |
|||
ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
Crutching machines, portable type | 10 | * | 1 Jan 2007 |
Dipping and spraying assets for parasite control: | |||
Jet spray system assets (including the race or handler dedicated to the jet spray system) | 10 | * | 1 Jan 2007 |
Mobile plunge dips | 5 | * | 1 Jan 2007 |
Feeders (including grain feeders, oat feeders, hay feeders) | 15 | * | 1 Jan 2007 |
Footbaths | 10 | * | 1 Jan 2007 |
Instruments for measuring wool fibre fineness, laser type | 10 | * | 1 Jan 2007 |
Instruments for measuring backfat or eye muscle or detecting pregnancy, ultrasound type (incorporating probe and monitor) | 5 | * | 1 Jan 2007 |
Sheep handling assets (including autodrafter, conveyor, cradle, crate, crutching trailer, elevator, ewe lifter, handler, hydraulic lift, rollover unit, shearing table, weigh crate, winch used to lift sheep) | 15 | * | 1 Jan 2007 |
Weigh bars, weigh indicators and weigh platforms | 10 | * | 1 Jan 2007 |
Yards, races, leadup systems and loading ramps: | |||
Permanent type | 40 | * | 1 Jan 2007 |
Portable type | 25 | * | 1 Jan 2007 |
Woolshed assets: | |||
Grinding machine for sharpening cutters | 30 | * | 1 Jan 2007 |
Shearing machines | 30 | * | 1 Jan 2007 |
Shearing or crutching handpieces | 10 | * | 1 Jan 2007 |
Wool bale movers | 10 | * | 1 Jan 2007 |
Wool presses | 20 | * | 1 Jan 2007 |
Woolsheds and shearing sheds | 50 | * | 1 Jan 2007 |
Wool tables, steel type | 20 | * | 1 Jan 2007 |
Beef cattle farming
(01420) |
|||
ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
Cattle handling assets: | |||
Calf cradles | 10 | * | 1 Jan 2007 |
Cattle crushes (hydraulic and manual) | 10 | * | 1 Jan 2007 |
NLIS and other readers | 5 | * | 1 Jan 2007 |
Scales, weigh indicators and loading bars | 5 | * | 1 Jan 2007 |
Cattle yards including races and coolers (steel and timber): | |||
Permanent type | 30 | * | 1 Jan 2007 |
Portable type | 20 | * | 1 Jan 2007 |
Feed bins including hay racks | 15 | * | 1 Jan 2007 |
Feed handling assets: | |||
Bale feeders | 10 | * | 1 Jan 2007 |
Feed mixers | 10 | * | 1 Jan 2007 |
Silage and feedout wagons | 10 | * | 1 Jan 2007 |
Loading ramps | 20 | * | 1 Jan 2007 |
Manure and fertilizer spreaders | 10 | * | 1 Jan 2007 |
Saddlery and harness | 10 | * | 1 Jan 2007 |
Beef cattle feedlots
(01430) |
|||
ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
Cattle handling assets: | |||
Cattle crushes (hydraulic and manual) | 6 | * | 1 Jan 2007 |
Cattle induction and transfer yards (steel and timber) | 20 | * | 1 Jan 2007 |
Cattle treatment yards (steel and timber) | 20 | * | 1 Jan 2007 |
Cattle wash yards (steel and timber) | 20 | * | 1 Jan 2007 |
NLIS and other readers | 5 | * | 1 Jan 2007 |
Scales, weigh indicators and loading bars | 5 | * | 1 Jan 2007 |
Cattle pen assets: | |||
Bunk sweepers | 8 | * | 1 Jan 2007 |
Cattle pen infrastructure assets: | |||
Feed bunks or troughs and aprons | 20 | * | 1 Jan 2007 |
Feed roads | 20 | * | 1 Jan 2007 |
Pen earthworks | 20 | * | 1 Jan 2007 |
Pen fences and gates (steel and timber) | 20 | * | 1 Jan 2007 |
Shade structures | 20 | * | 1 Jan 2007 |
Pen scrapers | 10 | * | 1 Jan 2007 |
Feed milling and handling assets: | |||
Ancillary grain handling equipment: | |||
Augers | 10 | * | 1 Jan 2007 |
Conveyors and elevators | 15 | * | 1 Jan 2007 |
Bulk and segregated commodity storage facilities (incorporating bunkers) | 30 | * | 1 Jan 2007 |
Feed mixers | 7 | * | 1 Jan 2007 |
Feed mixer trucks | 7 | * | 1 Jan 2007 |
Grain cleaners | 10 | * | 1 Jan 2007 |
Grain processing assets: | |||
Roller mills | 15 | * | 1 Jan 2007 |
Steam flaking chests | 15 | * | 1 Jan 2007 |
Steam flaking surge bins | 15 | * | 1 Jan 2007 |
Tempering silos: | |||
Glass fused to steel | 50 | * | 1 Jan 2007 |
Stainless steel | 15 | * | 1 Jan 2007 |
Galvanised steel | 12 | * | 1 Jan 2007 |
Receival pits and hoppers | 25 | * | 1 Jan 2007 |
Roughage processing assets (including tub rinders) | 7 | * | 1 Jan 2007 |
Sampling and testing assets | 5 | * | 1 Jan 2007 |
Silos and bins used for storing dry grain: | |||
Concrete | 50 | * | 1 Jan 2007 |
Steel | 20 | * | 1 Jan 2007 |
Tank storages for liquid feed supplements | 15 | * | 1 Jan 2007 |
Loading ramps | 20 | * | 1 Jan 2007 |
Manure composting and screening machines | 15 | * | 1 Jan 2007 |
Not issued as a draft
References
ATO references:
NO 99/132027; 2000/20567; 2003/11601; 2004/17815; 2005/6504; 2005/18073; 2006/25212; 2007/7796; 2008/9394; 2009/5704; 1-20KCCA6; 1-2Z8ZAX4; 1-3VCCZ0O; 1-4NMTK3G
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
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
Date: | Version: | Change: | |
You are here | 26 June 2013 | Consolidated ruling |
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