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 - PROFESSIONAL,SCIENTIFIC AND TECHNICAL SERVICES

*PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES* ( *69100 TO 70000* )

*Surveying and mapping services* ( *69220* )
ASSET	LIFE (YEARS)	REVIEWED	DATE OF APPLICATION
Surveyors' instruments:
Geodimeter (electronic)	10		1 Jan 2001
Laser beam survey equipment	10		1 Jan 2001
Levels	20		1 Jan 2001
Stereoplotters (for making surveys from aerial photography etc)	10		1 Jan 2001
Theodolites	20		1 Jan 2001

*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 cages	10	*	1 Jan 2004
Stainless steel cages	20	*	1 Jan 2004
Animal patient monitoring assets (including blood pressure monitors, CO ₂ 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
Photographers' plant:
Cameras:
Generally (including lenses, electronic flash units, enlargers etc)	10		1 Jan 2001
Used for street photography	4		1 Jan 2001
Dark rooms (demountable - not integral part of building)	20		1 Jan 2001

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

ISSN: 1039-0731

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

TR 2013/4 history

	Date:	Version:	Change:
You are here	26 June 2013	Consolidated ruling

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