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 |
Examples of effective lives - from Taxation Ruling TR 2000/18
Last updated 7 April 2020
QC27597