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  • Examples of effective lives - from Taxation Ruling TR 2000/18

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Depreciating asset

    Effective life in years given in TR 2000/18 (as at 1 July 2004)

    Carpets

     

    -in business places, picture theatres, hotels, etc

    5

    -in professional chambers

    10

    -in ten-pin bowling centres

    4

    Cash registers

    6 2/3

    Computers

     

    -generally

    4

    -laptops

    3

    Curtains and drapes

    6

    Fire extinguishers

    15

    Hot water systems (excluding piping)

    12

    Lawn mower

     

    -motor

    6 2/3

    -self propelled

    5

    Library (professional)

    10

    Motor vehicles, etc

     

    -cars

     

    -generally

    8

    -hire and travellers' cars

    5

    -taxis

    4

    -motor cycles and scooters

    6 2/3

    Photocopying machines

    5

    Power tools (hand operated)

    5

    Televisions (not used for hire)

    10

    Tools (loose)

    5

    Vacuum cleaners (electric)

    10

    Last modified: 08 Apr 2020QC 27597