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  • Plants with effective life of 3 or more years

    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
     

    Annual write-off
    rate

    Maximum
    write-off
    period

    3 to less than 5 years

    40%

    2 years 183 days

     

    5 to less than 6 2/3 years

    27%

    3 years 257 days

    6 2/3 to less than 10 years

    20%

    5 years

    10 to less than 13 years

    17%

    5 years 323 days

    13 to less than 30 years

    13%

    7 years 253 days

    30 years or more

    7%

    14 years 105 days

    Where ownership of the horticultural plants changes, the new owner is entitled to continue claiming the balance of these expenses on the same basis.

    Last modified: 28 Oct 2003QC 27383