Show download pdf controls
  • Participate in our effective life reviews

    We are reviewing the effective life of assets used in industries that are:

    • casinos
    • medical and surgical equipment manufacturing
    • other non-metallic mineral mining
    • horse training (racing).

    Effective life reviews are used to work out how much you can claim as a tax deduction for an asset's decline in value.

    If you are in one of these industries, we invite you to participate. Being involved in the review allows you to contribute your feedback and experience to assist us to make effective life determinations that best reflect the nature of your industry.

    Also, taking part in the review will save you the cost of self-assessing the effective life of your assets and give you an agreed effective life that we won't challenge. It may only take a couple of hours of your time and can be arranged at a time that suits you.

    Find out more about our reviews and how to participate if you are in the:

    If you are interested in participating, contact us by Friday 28 August 2020.

    See also:

    Last modified: 16 Jul 2020QC 63196