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    This document has been Withdrawn.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    This Ruling has been replaced by TR 2019/5 .

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ASSET LIFE
(YEARS) 		REVIEWED DATE OF
APPLICATION
Office furniture, freestanding:
    Bookcases:
        Metal 20     *     1 Jul 2005
        Timber 15     *     1 Jul 2005
    Cabinets (including credenzas, cupboards, filing, mapping, mobile, stationery and storage type):
        Metal 20     *     1 Jul 2005
        Timber/laminated 15     *     1 Jul 2005
    Chairs 10     *     1 Jul 2005
    Desks 20     *     1 Jul 2005
    Mobile storage units (compactus type) 25     *     1 Jul 2005
    Reception assets (including lobby chairs, desks, lounges, sofas and tables) 10     *     1 Jul 2005
    Screens 20     *     1 Jul 2005
    Tables:
        Boardroom 20     *     1 Jul 2005
        General 10     *     1 Jul 2005
    Workstations (including desks and partitions) 20     *     1 Jul 2005
Office machines and equipment:
    Electronic whiteboards 6     *     1 Jan 2001
    Enveloping machines 6     *     1 Jan 2001
    Facsimile machines 5     *     1 Jan 2001
    Letter folding and inserting machines (including envelope inserters and letter inserters - desktop/low volume units) 5     *     1 Jul 2013
    Mailing machines 5     *     1 Jan 2001
    Multi function machines (includes fax, copy, print and scan functions) 5     *     1 Jan 2001
    Photo copying machines 5     *     1 Jan 2001
    Projectors (including lenses) 5     *     1 Jul 2014
    Shredders 15     *     1 Jul 2005
    Trolleys 15     *     1 Jul 2005
    Whiteboards 10     *     1 Jul 2005

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