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  • Examples of effective lives – from Taxation Ruling TR 2007/3 as at 1 July 2007

    Depreciating asset

    Effective life in years

    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

    6⅔

    • self–propelled

    5

    Library (professional)

    10

    Motor vehicles

    • cars generally

    8

    • hire and travellers' cars

    5

    • taxis

    4

    • motor cycles and scooters

    6⅔

    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

    Last modified: 14 Jul 2020QC 27915