Depreciating asset |
Effective life in years given in TR 2000/18 (as at 1 July 2005) |
---|---|
Carpets |
- |
- in commercial office buildings |
8 |
- in ten-pin bowling centres |
4 |
Computers |
- |
- generally |
4 |
- laptops |
3 |
Curtains and drapes |
6 |
Fire extinguishers |
15 |
Hot water installations for commercial office buildings (excluding commercial boilers and piping) |
15 |
Lawn mower |
- |
- motor |
6 2/3 |
- self propelled |
5 |
Library (professional) |
10 |
Motor vehicles |
- |
- cars generally |
8 |
- hire and travellers' cars |
5 |
- taxis |
4 |
- motor cycles and scooters |
6 2/3 |
Office machines and equipment |
- |
- Photocopying machines |
5 |
Point of sale assets |
- |
- cash registers, standalone type |
10 |
Power tools (hand operated) |
5 |
Television receivers |
- |
- generally |
10 |
Tools (loose) |
5 |
Vacuum cleaners (electric) |
10 |
Examples of effective lives - from Taxation Ruling TR 2000/18 (as at 1 July 2005)
Last updated 17 July 2006
QC27742