Taxation Ruling
TR 2021/3
Income tax: effective life of depreciating assets (applicable from 1 July 2021)
-
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that the PDF version is the authorised consolidated version of this ruling and amending notices.This document has been Withdrawn.View the Withdrawal notice for this document.This Ruling, which applies from 1 July 2021, replaces TR 2020/3 (see paragraph 6 of this Ruling for further details).
Health care and social assistance - (84010 to 87900)
|
HEALTH CARE AND SOCIAL ASSISTANCE
(84010 to 87900) |
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Medical assets (used in common across all health care industry segments): | |||
| Benchtop sterilisers | 5 | * | 1 Jul 2003 |
| Benchtop ultrasonic cleaners | 7 | * | 1 Jul 2003 |
| Clinical furniture | 10 | * | 1 Jul 2003 |
| X-ray viewers | 10 | * | 1 Jul 2003 |
|
Hospitals
(84010 to 84020) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Hospital assets: | |||
| Anaesthesia machines | 10 | * | 1 Jan 2003 |
| Angiography assets: | |||
| Image acquisition systems (incorporating computers with digital subtraction capability, digital cameras, monitors and integrated software) | 4 | * | 1 Jul 2002 |
| Image intensifiers | 7 | * | 1 Jul 2002 |
| Patient gantries or tables, patient monitoring assets, positioning assets and pressure injectors | 10 | * | 1 Jul 2002 |
| Cell savers and cell separators | 7 | * | 1 Jan 2003 |
| Colposcopes | 10 | * | 1 Jan 2003 |
| Defibrillators | 10 | * | 1 Jan 2003 |
| Diathermy and cautery machines/electrosurgical generators | 10 | * | 1 Jan 2003 |
| Endoscopic surgery assets (excluding disposable accessories): | |||
| Arthroscopic fluid management systems | 7 | * | 1 Jan 2003 |
| Endoscopes (flexible and rigid) and endoscopic surgical instruments | 4 | * | 1 Jan 2003 |
| Endoscopic camera systems: | |||
| Beam splitters and light sources | 10 | * | 1 Jan 2003 |
| Printers, video cameras, video camera adaptors, couplers and heads, video image capture systems and video processors | 5 | * | 1 Jan 2003 |
| Still cameras | 7 | * | 1 Jan 2003 |
| Video monitors and video recorders | 7 | * | 1 Jan 2003 |
| Endoscopic electrosurgical generators | 10 | * | 1 Jan 2003 |
| Endoscopic lasers | 10 | * | 1 Jan 2003 |
| Endoscopic ultrasound systems (incorporating scanner, transducers/probes, integrated computer and integrated software) | 5 | * | 1 Jan 2003 |
| Haemodialysis machines | 7 | * | 1 Jan 2003 |
| Head lights | 7 | * | 1 Jan 2003 |
| Hospital furniture: | |||
| Beds: | |||
| Electronic | 7 | * | 1 Jan 2003 |
| Mechanical | 10 | * | 1 Jan 2003 |
| Bedside cabinets/lockers, carts and poles, blanket warming cabinets, blood warming cabinets, medical refrigerators and overbed tables | 10 | * | 1 Jan 2003 |
| Infusion pumps: | |||
| General, pain management and rapid | 8 | * | 1 Jan 2003 |
| Syringe driven | 6 | * | 1 Jan 2003 |
| Insufflators | 10 | * | 1 Jan 2003 |
| Lithotriptors used for extra-corporeal shock wave lithotripsy | 7 | * | 1 Jan 2003 |
| Mechanical assist assets: | |||
| Calf and cuff compression devices | 8 | * | 1 Jan 2003 |
| Cardiac bypass and heart lung machines | 8 | * | 1 Jan 2003 |
| Intra-aortic balloon pumps | 8 | * | 1 Jan 2003 |
| Ventricular assist heart pumps | 8 | * | 1 Jan 2003 |
| Natal care assets (including incubators, infant warmers and mobile infant warmers) | 7 | * | 1 Jan 2003 |
| Operating tables and attachments: | |||
| Electronic | 10 | * | 1 Jan 2003 |
| Mechanical | 13 | * | 1 Jan 2003 |
| Operating theatre lights | 8 | * | 1 Jan 2003 |
| Pan flushers | 10 | * | 1 Jan 2003 |
| Patient hoists and lifters | 10 | * | 1 Jan 2003 |
| Patient monitoring assets: | |||
| Bedside monitoring systems | 7 | * | 1 Jan 2003 |
| Cardiac monitors | 7 | * | 1 Jan 2003 |
| ECGs | 7 | * | 1 Jan 2003 |
| Foetal monitors | 7 | * | 1 Jan 2003 |
| Pulse oximeters | 7 | * | 1 Jan 2003 |
| Vital signs monitors | 7 | * | 1 Jan 2003 |
| Patient warming assets (excluding disposable accessories): | |||
| Fluid warmers | 10 | * | 1 Jan 2003 |
| Forced air patient warmers | 10 | * | 1 Jan 2003 |
| Smoke evacuators | 8 | * | 1 Jan 2003 |
| Sterilisation and autoclave processing assets: | |||
| Drying cabinets | 10 | * | 1 Jan 2003 |
| Endoscope sterilisers and disinfectors | 5 | * | 1 Jan 2003 |
| Flash sterilisers | 10 | * | 1 Jan 2003 |
| Instrument washers | 10 | * | 1 Jan 2003 |
| Pre-vacuum sterilisers | 10 | * | 1 Jan 2003 |
| Ultrasonic cleaners and baths | 7 | * | 1 Jan 2003 |
| Surgical instruments: | |||
| Hand held manually operated instruments | 8 | * | 1 Jan 2003 |
| Powered instruments (including drills, saws, shavers, non-disposable instrument accessories and power sources) | 7 | * | 1 Jan 2003 |
| Ultrasonic aspirators | 10 | * | 1 Jan 2003 |
| Ultrasonic scalpels | 10 | * | 1 Jan 2003 |
| Surgical lasers (excluding ophthalmic surgical lasers) | 10 | * | 1 Jan 2003 |
| Surgical microscopes | 10 | * | 1 Jan 2003 |
| Ultrasonic bladder scanners | 10 | * | 1 Jan 2003 |
| Ultrasonic needle guides | 10 | * | 1 Jan 2003 |
| Ultrasound systems (incorporating scanner, transducers, integrated computer and integrated software) used by cardiologists, obstetricians and vascular surgeons | 5 | * | 1 Jul 2002 |
| Ventilators: | |||
| Fixed | 7 | * | 1 Jan 2003 |
| Portable | 5 | * | 1 Jan 2003 |
| Wheelchairs | 10 | * | 1 Jan 2003 |
|
General practice medical services
(85110) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Anatomical medical models, plastic | 10 | * | 1 Jul 2020 |
| Autoclaves and sterilisers | 8 | * | 1 Jul 2020 |
| Automated ankle brachial pressure index (ABPI) measurement devices | 6 | * | 1 Jul 2020 |
| Automated external defibrillators (AEDs) - see Table B | |||
| Blood coagulation (INR) meters | 5 | * | 1 Jul 2020 |
| Cryosurgical assets: | |||
| Cryosurgical flasks and guns | 5 | * | 1 Jul 2020 |
| Liquid nitrogen storage dewers and tanks | 10 | * | 1 Jul 2020 |
| Dermatoscopes | 5 | * | 1 Jul 2020 |
| Ear irrigators | 5 | * | 1 Jul 2020 |
| Electrocardiograph (ECG) machines | 7 | * | 1 Jul 2020 |
| Examination lights: | |||
| Desktop/trolley | 3 | * | 1 Jul 2020 |
| Procedure | 7 | * | 1 Jul 2020 |
| Foetal heart monitors, external | 7 | * | 1 Jul 2020 |
| Hyfrecators - electrosurgical units | 6 | * | 1 Jul 2020 |
| Magnifying loupes | 10 | * | 1 Jul 2020 |
| Medical examination beds (adjustable/electric) | 8 | * | 1 Jul 2020 |
| Medical plaster saws | 7 | * | 1 Jul 2020 |
| Medical refrigerators | 8 | * | 1 Jul 2020 |
| Nebulisers | 5 | * | 1 Jul 2020 |
| Ophthalmoscopes, direct and otoscopes | 6 | * | 1 Jul 2020 |
| Oxygen tank regulators | 10 | * | 1 Jul 2020 |
| Portable observation machines (including vital signs monitors) | 7 | * | 1 Jul 2020 |
| Privacy curtains and rails | 8 | * | 1 Jul 2020 |
| Pulse oximeters | 4 | * | 1 Jul 2020 |
| Resuscitation kits | 15 | * | 1 Jul 2020 |
| Saddle chairs | 7 | * | 1 Jul 2020 |
| Scales: | |||
| Baby scales | 3 | * | 1 Jul 2020 |
| General, heavy duty, mother/baby scales | 5 | * | 1 Jul 2020 |
| Sphygmomanometers (including aneroid and digital) | 5 | * | 1 Jul 2020 |
| Spirometers | 7 | * | 1 Jul 2020 |
| Stethoscopes | 10 | * | 1 Jul 2020 |
| Suction machines, portable | 8 | * | 1 Jul 2020 |
| Surgical instruments (including forceps, needle holders, scissors, skin graft knives) | 8 | * | 1 Jul 2020 |
| Thermometers, digital | 4 | * | 1 Jul 2020 |
| Trolleys (including instrument and treatment trolleys) | 10 | * | 1 Jul 2020 |
| Wheelchairs | 8 | * | 1 Jul 2020 |
| X-ray viewers | 10 | * | 1 Jul 2020 |
|
Specialist medical services n.e.c.
(85129) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Neurologists' assets: | |||
| Electroencephalography (EEG) systems (incorporating electrodes, amplifiers, integrated software and integrated computers) | 5 | * | 1 Jul 2003 |
| Electromyography (EMG) systems (incorporating electrodes, amplifiers, integrated software and integrated computers) | 5 | * | 1 Jul 2003 |
| Thoracic physicians' assets: | |||
| Body plethysmographs (incorporating flow sensors, gas analysers, integrated software and integrated computers) | 7 | * | 1 Jul 2003 |
| Continuous positive airway pressure (CPAP) and variable positive airway pressure (VPAP) systems | 7 | * | 1 Jul 2003 |
| Lung function analysis exercise systems (incorporating flow sensors, treadmills or ergometers, ECGs, pulse oximeters, integrated software and integrated computers) | 7 | * | 1 Jul 2003 |
| Lung function analysis systems (incorporating flow sensors, gas analysers, integrated software and integrated computers) | 7 | * | 1 Jul 2003 |
| Spirometers | 7 | * | 1 Jul 2003 |
| Sleep laboratory systems (incorporating amplifiers, sensors, integrated CPAP monitors, integrated carbon dioxide (CO 2 ) monitors, integrated pulse oximeters, integrated computers and integrated software) | 7 | * | 1 Jul 2003 |
|
Pathology and diagnostic imaging services
(85201, 85202, 85203 and 85209) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Pathologists' assets: | |||
| Batch slide stainer | 6 | * | 1 Jan 2002 |
| Bio hazard chambers | 10 | * | 1 Jan 2002 |
| Centrifuges | 5 | * | 1 Jan 2002 |
| Incubators | 6 | * | 1 Jan 2002 |
| Laboratory analysers | 5 | * | 1 Jan 2002 |
| Microscopes | 10 | * | 1 Jan 2002 |
| Rotary microtomes | 6 | * | 1 Jan 2002 |
| Tissue embedding systems | 6 | * | 1 Jan 2002 |
| Tissue processors | 6 | * | 1 Jan 2002 |
| Radiologists' diagnostic imaging assets: | |||
| Bone densitometry (BMD) systems (incorporating either whole body scanners, integrated computer andintegrated software, or spine and hip scanners, holding devices, integrated computers and integrated software) | 10 | * | 1 Jul 2002 |
| Computed radiography (CR) digitisers | 4 | * | 1 Jul 2002 |
| Computed tomography (CT) systems (incorporating scanners, integrated computers and integrated software) | 10 | * | 1 Jul 2002 |
| Film digitisers | 4 | * | 1 Jul 2002 |
| Fluoroscopy assets (excluding direct radiography assets): | |||
| Fixed systems (incorporating buckies, generators, screening tables and suspensions) | 15 | * | 1 Jul 2002 |
| Image acquisition systems (incorporating computers, digital cameras, integrated software and monitors) | 4 | * | 1 Jul 2002 |
| Image intensifiers | 7 | * | 1 Jul 2002 |
| Mobile systems (incorporating buckies, generators, screening tables and suspensions) | 10 | * | 1 Jul 2002 |
| Magnetic resonance imaging (MRI) systems (incorporating scanners, cooling systems, radio frequency coil accessories, integrated computer and integrated software) | 7 | * | 1 Jul 2002 |
| Mammography systems (incorporating either prone core biopsy scanners, quality assurance equipment, stereotaxis, integrated computers and integrated software, or conventional upright scanners, quality assurance equipment, stereotaxis, integrated computer and integrated software) | 7 | * | 1 Jul 2002 |
| Nuclear medicine systems (incorporating cameras, gantries, collimators, integrated computers, integrated software and hot lab equipment, but excluding Positron Emission Tomography (PET) systems) | 10 | * | 1 Jul 2002 |
| Orthopantomography (OPG) systems (incorporating scanners, integrated computers and integrated software) | 15 | * | 1 Jul 2002 |
| Patient archival and communication systems (PACS) | 4 | * | 1 Jul 2002 |
| Processing assets: | |||
| Daylight imaging processors | 9 | * | 1 Jul 2002 |
| Dry laser imaging processors | 8 | * | 1 Jul 2002 |
| Wet laser imaging processors | 10 | * | 1 Jul 2002 |
| Teleradiology assets (excluding the imaging device) | 4 | * | 1 Jul 2002 |
| Ultrasound systems (incorporating scanner, transducers, integrated computer and integrated software) | 5 | * | 1 Jul 2002 |
| X-ray assets (excluding direct radiography assets): | |||
| Fixed systems (incorporating buckies, control panels, generators, screening table, suspensions, tube column and x-ray tube) | 15 | * | 1 Jul 2002 |
| Image intensifier | 7 | * | 1 Jul 2002 |
| Mobile systems (incorporating buckies, control panels, generators, screening table, suspensions, tube column and x-ray tube) | 10 | * | 1 Jul 2002 |
|
Dental services
(85310) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Dentists' assets: | |||
| Air abrasion units | 10 | * | 1 Jul 2003 |
| Air compressors | 10 | * | 1 Jul 2003 |
| Amalgamators | 7 | * | 1 Jul 2003 |
| Amalgam separators | 7 | * | 1 Jul 2003 |
| Computerised (CAD/CAM) ceramic restoration systems: | |||
| Imaging units | 7 | * | 1 Jul 2003 |
| Milling units | 5 | * | 1 Jul 2003 |
| Curing lights (halogen) | 5 | * | 1 Jul 2003 |
| Dental chairs | 10 | * | 1 Jul 2003 |
| Dental instruments: | |||
| Hand-held manually operated instruments | 3 | * | 1 Jul 2003 |
| Handpieces (driven by compressed air, compressed gas or electricity) | 3 | * | 1 Jul 2003 |
| Dental lasers: | |||
| Hard tissue and soft tissue lasers | 7 | * | 1 Jul 2003 |
| Soft tissue and whitening lasers | 7 | * | 1 Jul 2003 |
| Soft tissue lasers | 10 | * | 1 Jul 2003 |
| Dental loupes | 10 | * | 1 Jul 2003 |
| Dental operating lights | 10 | * | 1 Jul 2003 |
| Dental units | 10 | * | 1 Jul 2003 |
| Dental x-ray assets: | |||
| Conventional x-ray film systems (incorporating control boxes, swing arms and x-ray heads, but excluding orthopantomogram (OPG) systems) | 15 | * | 1 Jul 2003 |
| Digital x-ray systems (including intra-oral storage phosphor plate systems and intra-oral digital sensor systems) | 7 | * | 1 Jul 2003 |
| Intra-oral x-ray film processors | 10 | * | 1 Jul 2003 |
| Handpiece cleaners | 5 | * | 1 Jul 2003 |
| Intra-oral camera systems (incorporating camera and integrated processor/docking station) | 7 | * | 1 Jul 2003 |
| Nitrous oxide sedation units | 20 | * | 1 Jul 2003 |
| Oral surgical motors | 5 | * | 1 Jul 2003 |
| Suction units | 10 | * | 1 Jul 2003 |
| Ultrasonic scalers (standalone) | 10 | * | 1 Jul 2003 |
|
Optometry and optical dispensing
(85320) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Optical assets: | |||
| Automatic refractometers/keratometers | 5 | * | 1 Jan 2004 |
| Cameras (including anterior segment cameras, retinal cameras, fundus cameras): | |||
| Analogue | 8 | * | 1 Jan 2004 |
| Digital | 4 | * | 1 Jan 2004 |
| Colour vision testers (automated) | 8 | * | 1 Jan 2004 |
| Corneal topography systems | 5 | * | 1 Jan 2004 |
| Examination chairs | 10 | * | 1 Jan 2004 |
| Glaucoma diagnostic assets (including ocular coherence tomographs (OCTs), scanning laser ophthalmoscopes and scanning laser polarimeters) | 5 | * | 1 Jan 2004 |
| Keratometers (Ophthalmometers): | |||
| Automated | 5 | * | 1 Jan 2004 |
| Manual | 12 | * | 1 Jan 2004 |
| Ophthalmic surgery assets: | |||
| Microkeratome | 3 | * | 1 Jan 2004 |
| Ophthalmic cryo surgery systems | 5 | * | 1 Jan 2004 |
| Ophthalmic diathermy surgery systems | 5 | * | 1 Jan 2004 |
| Ophthalmic lasers: | |||
| Non-refractive | 10 | * | 1 Jan 2004 |
| Refractive (including eye tracking systems) | 4 | * | 1 Jan 2004 |
| Phacoemulsification systems | 4 | * | 1 Jan 2004 |
| Pupillometers (used for refractive surgery) | 5 | * | 1 Jan 2004 |
| Vitrectomy systems | 4 | * | 1 Jan 2004 |
| Wave front analysers | 4 | * | 1 Jan 2004 |
| Ophthalmic viewers | 5 | * | 1 Jan 2004 |
| Ophthalmoscopes: | |||
| Direct (including power supply) | 8 | * | 1 Jan 2004 |
| Indirect | 9 | * | 1 Jan 2004 |
| Optical dispensing assets - see Table A Photographic, optical and ophthalmic equipment manufacturing (24110) | |||
| Refraction units (including examination chair, instrument arms, table and light source) | 10 | * | 1 Jan 2004 |
| Refractometers (automated) | 5 | * | 1 Jan 2004 |
| Slit lamp biomicroscopes: | |||
| Hand-held | 9 | * | 1 Jan 2004 |
| Mounted | 12 | * | 1 Jan 2004 |
| Telemedicine digital imaging systems (excluding imaging devices) | 4 | * | 1 Jan 2004 |
| Tonometers: | |||
| Contact tonometers: | |||
| Applanation: | |||
| Hand-held | 6 | * | 1 Jan 2004 |
| Mounted | 8 | * | 1 Jan 2004 |
| Electronic | 6 | * | 1 Jan 2004 |
| Non-contact tonometers: | |||
| Hand-held | 5 | * | 1 Jan 2004 |
| Table mounted | 8 | * | 1 Jan 2004 |
| Trial lens sets | 20 | * | 1 Jan 2004 |
| Ultrasound diagnostic assets (including A-scan biometers, A/B scan biometers, B-scan biometers, laser interference biometers, pachymeters and ultrasound biomicroscopes (UBMs)) | 5 | * | 1 Jan 2004 |
| Visual acuity testing assets: | |||
| Automated vision testers | 6 | * | 1 Jan 2004 |
| Manual vision testers (phoropters) | 12 | * | 1 Jan 2004 |
| Visual acuity charts (illuminated) | 10 | * | 1 Jan 2004 |
| Visual acuity chart projectors (automated) | 8 | * | 1 Jan 2004 |
| Visual field testing assets (perimeters) - automated | 5 | * | 1 Jan 2004 |
|
Podiatry services
(85399) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Podiatrists' assets: | |||
| Computerised orthoses manufacturing assets: | |||
| Carving mills | 7 | * | 1 Jul 2003 |
| Contact pin digitisers | 7 | * | 1 Jul 2003 |
| Doppler vascularscopes | 5 | * | 1 Jul 2003 |
| Electric nail drills: | |||
| Dust extraction drills | 7 | * | 1 Jul 2003 |
| Portable dust extraction drills | 5 | * | 1 Jul 2003 |
| Water and alcohol based spray drills | 4 | * | 1 Jul 2003 |
| Examination/magnifying lamps | 10 | * | 1 Jul 2003 |
| Footrests | 10 | * | 1 Jul 2003 |
| Gait analysis assets: | |||
| Computerised systems (incorporating in-shoe pressure analysis or platform based pressure mats, integrated hardware and integrated software) | 4 | * | 1 Jul 2003 |
| Non-computerised: | |||
| Treadmills | 10 | * | 1 Jul 2003 |
| Video cameras | 5 | * | 1 Jul 2003 |
| Video monitors and video recorders | 7 | * | 1 Jul 2003 |
| Orthotic benchtop grinders | 6 | * | 1 Jul 2003 |
| Patient chairs | 12 | * | 1 Jul 2003 |
| Podiatric instruments | 3 | * | 1 Jul 2003 |
| Vacuum presses | 3 | * | 1 Jul 2003 |
| Vascular neurological assessment assets: | |||
| Monofilaments | 2 | * | 1 Jul 2003 |
| Tuning forks | 10 | * | 1 Jul 2003 |
|
Retirement village and accommodation for the aged operation
(86011 to 86012) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Assistance and medical assets: | |||
| Beds: | |||
| Electronic (including hi-lo and lo-lo beds) | 7 | * | 1 Jul 2019 |
| Mechanical | 10 | * | 1 Jul 2004 |
| Bedside cabinets, lockers and overbed tables | 10 | * | 1 Jul 2019 |
| Blood pressure machines | 3 | * | 1 Jul 2019 |
| Call systems | 7 | * | 1 Jul 2019 |
| Chairs | |||
| Commode | 7 | * | 1 Jul 2019 |
| Electronic recliner (including electric lift) | 10 | * | 1 Jul 2019 |
| Fallout/floating/princess | 7 | * | 1 Jul 2019 |
| Shower | 5 | * | 1 Jul 2019 |
| Wheelchair - electric, manual, tilt in space | 5 | * | 1 Jul 2019 |
| Defibrillators | 8 | * | 1 Jul 2019 |
| Drug safes | 15 | * | 1 Jul 2019 |
| Electronic arms for toilets | 10 | * | 1 Jul 2019 |
| Hoists | |||
| Ceiling (incorporating tracks) | 12 | * | 1 Jul 2019 |
| Mobile (floor, full, standing) | 10 | * | 1 Jul 2019 |
| Lifting slings | 2 | * | 1 Jul 2019 |
| Mattresses | |||
| Air | 3 | * | 1 Jul 2019 |
| Foam | 7 | * | 1 Jul 2019 |
| Medication trolleys | 10 | * | 1 Jul 2019 |
| Mobile suction machines | 3 | * | 1 Jul 2019 |
| Pan flushers/pan sanitisers | 10 | * | 1 Jul 2019 |
| Sensor beams and sensor mats | 3 | * | 1 Jul 2019 |
| Shower trolleys/mobile baths | 8 | * | 1 Jul 2019 |
| Syringe driven infusion pumps | 5 | * | 1 Jul 2019 |
| Treatment trolleys | 15 | * | 1 Jul 2019 |
| Walking belts | 3 | * | 1 Jul 2019 |
| Walking frames (including forearm walkers) | 12 | * | 1 Jul 2019 |
| Weighing machines and scales (including chair scales and wheelchair scales) | 10 | * | 1 Jul 2019 |
| Common area assets: | |||
| Artificial grass/synthetic lawn (removable without damage) | 15 | * | 1 Jul 2019 |
| Audio visual assets | 8 | * | 1 Jul 2019 |
| Carpets - see Table B Floor coverings (removable without damage) | |||
| Curtains and drapes - see Table B Curtains and drapes | |||
| Furniture: | |||
| General/indoor | 10 | * | 1 Jul 2019 |
| Outdoor | 7 | * | 1 Jul 2019 |
| Hair salon assets (including chairs and dryers) | 15 | * | 1 Jul 2019 |
| Hot water dispensers | 8 | * | 1 Jul 2019 |
| Television sets | 5 | * | 1 Jul 2019 |
| Window blinds - see Table B Window blinds | |||
| Fitness and recreation assets: | |||
| Billiard/pool tables | 20 | * | 1 Jul 2019 |
| Bowling greens - artificial grass or carpet (removable without damage) | 15 | * | 1 Jul 2019 |
| Gymnasium and exercise equipment | 10 | * | 1 Jul 2019 |
| Support assets: | |||
| Annunciator panels | 15 | * | 1 Jul 2019 |
| Boilers - see Table B Boilers | |||
| Buggies to transport people | 8 | * | 1 Jul 2019 |
| Cleaning carts and trolleys - see Table B Cleaning carts and trolleys | |||
| Cool rooms - see Table B Refrigeration assets | |||
| Electronic mops and floor scrubbers | 5 | * | 1 Jul 2019 |
| Hot water systems (excluding commercial boilers and piping) | 10 | * | 1 Jul 2019 |
| Kitchen assets: | |||
| Blast chillers | 8 | * | 1 Jul 2019 |
| Bowl mixers | 10 | * | 1 Jul 2019 |
| Dishwashers | 8 | * | 1 Jul 2019 |
| Food preparation assets - large commercial type (including cooktops, fryers, multi-function centres, self-cooking centres, single tray meal service, soup kettles, stoves) | 10 | * | 1 Jul 2019 |
| Hot food display and warming assets (including bain marie, banquet units, buffet units, hot boxes, plate warmers) | 10 | * | 1 Jul 2019 |
| Ice making machines | 10 | * | 1 Jul 2019 |
| Kitchen trolleys | 5 | * | 1 Jul 2019 |
| Small appliances (including blenders, food processors, meat slicers, stick mixers) | 4 | * | 1 Jul 2019 |
| Toasters | 6 | * | 1 Jul 2019 |
| Laundry assets: | |||
| Dryers | 12 | * | 1 Jul 2019 |
| Spring loaded trolleys | 10 | * | 1 Jul 2019 |
| Washing machines | 12 | * | 1 Jul 2019 |
| Lockers, freestanding - see Table B Lockers, freestanding | |||
| Master antenna television (MATV) assets - see Table A Residential property operators (67110) | |||
| Refrigerators (including controlled temperature medication refrigerators) | 10 | * | 1 Jul 2019 |
| Swimming pool assets: | |||
| Dehumidifiers | 15 | * | 1 Jul 2019 |
| Filtration equipment (including chlorinators and pumps) - see Table B Swimming pool assets | |||
| Pool covers (including blankets) - see Table B Swimming pool assets | |||
| Vacuum cleaners, ride on | 7 | * | 1 Jul 2019 |
|
Child care services
(87100) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Audio visual assets | 5 | * | 1 Jul 2020 |
| Augmented reality (AR) interactive sandboxes (incorporating projectors) | 5 | * | 1 Jul 2020 |
| Electronic whiteboards (including touch screen interactive digital boards) | 6 | * | 1 Jul 2020 |
| Furniture used by children, freestanding: | |||
| Age specific (including cots, changing tables, floor sleeping mattresses, high and low feeding chairs, and stackable beds) | 5 | * | 1 Jul 2020 |
| Carpet mats (including rugs and floor mats/cushions) | 5 | * | 1 Jul 2020 |
| Others (including bookcases, chairs and sofas, coat/dress-up racks, easels, room dividers, tables and storage shelving units) | 10 | * | 1 Jul 2020 |
| Play area assets: | |||
| Furniture, freestanding (including tables, seating and toy storage boxes) | 5 | * | 1 Jul 2020 |
| Pet enclosures and structures, freestanding (including bird aviaries, chicken coops, fish tanks, guinea pig cages and rabbit hutches) | 10 | * | 1 Jul 2020 |
| Playground flooring: | |||
| Artificial grass/synthetic lawn | 7 | * | 1 Jul 2020 |
| Soft fall flooring (including wet pour rubber and rubber mats) | 5 | * | 1 Jul 2020 |
| Playsets (including cubby houses, forts, slides, swing sets and trestle frames) | 8 | * | 1 Jul 2020 |
| Pole and post padding/protectors | 5 | * | 1 Jul 2020 |
| Sandpits, freestanding (including portable sandpits and sandpit covers) | 7 | * | 1 Jul 2020 |
| Tents, portable (including gazebos, marquees and tepee play tents) | 5 | * | 1 Jul 2020 |
| Toys (not specified elsewhere) | 3 | * | 1 Jul 2020 |
| Tricycles and bicycles (including balance bicycles and tricycle scooters) | 5 | * | 1 Jul 2020 |
| Water play area filtration assets and water pumps | 7 | * | 1 Jul 2020 |
| Support assets: | |||
| Automated external defibrillators (AEDs) - see Table B Automated external defibrillators (AEDs) | |||
| Fascia signs (including freestanding signs) - see Table B Advertising signs | |||
| Fire control and alarm assets - see Table B Fire control and alarm assets | |||
| Floor coverings - see Table B Floor coverings (removable without damage) | |||
| Garden sheds, freestanding | 15 | * | 1 Jul 2020 |
| Hand dryers - see Table B Hand dryers (electrical) | |||
| Kiosk stands, freestanding | 10 | * | 1 Jul 2020 |
| Kitchen assets: | |||
| Dishwashers | 5 | * | 1 Jul 2020 |
| Food cooking assets (including combination ovens, cooktops, fryers, soup kettles and stoves) | 10 | * | 1 Jul 2020 |
| Grease traps | 10 | * | 1 Jul 2020 |
| Kitchen trolleys | 5 | * | 1 Jul 2020 |
| Microwave ovens | 5 | * | 1 Jul 2020 |
| Refrigerators/freezers | 10 | * | 1 Jul 2020 |
| Small appliances (including blenders, food processors, mixers and toasters) | 4 | * | 1 Jul 2020 |
| Laundry assets: | |||
| Dryers | 5 | * | 1 Jul 2020 |
| Washing machines | 5 | * | 1 Jul 2020 |
| Reception furniture, freestanding (including lobby chairs, desks, lounges, sofas and tables) - see Table B Office furniture, freestanding | |||
| Security and monitoring assets - see Table B Security and monitoring assets | |||
| Steam cleaners | 3 | * | 1 Jul 2020 |
| Strollers: | |||
| Commercial multi seat (including buggies) | 10 | * | 1 Jul 2020 |
| Others | 5 | * | 1 Jul 2020 |
| Time attendance devices (including fingerprint and vein scanners) | 7 | * | 1 Jul 2020 |
| Vacuum cleaners | 3 | * | 1 Jul 2020 |
| Table games | 5 | * | 1 Jul 2020 |
| Television sets | 8 | * | 1 Jul 2020 |
Not issued as a draft
References
ATO references:
NO 1-P4Z8VU5
Previous Rulings/Determinations:
TR 2015/2
TR 2016/1
TR 2017/2
TR 2018/4
TR 2019/5
TR 2020/3
ISSN: 2205-6122
Subject References:
depreciation
depreciation rate
effective life
Legislative References:
ITAA 1997
ITAA 1997 Div 40
ITAA 1997 40-25
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 40-105
ITAA 1997 40-110
ITAA 1997 40-345(2)
IT(TP)A 1997 Subdiv 40-BB
TAA 1953
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2021
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