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  • Residential rental property items

    Treatment as depreciating assets or capital works

    In tables 3, 4, 5 and 6, ‘own estimate’ refers to the fact that there was no Commissioner’s determination in effect. Consequently, you make your own estimate of the effective life in accordance with the principles set out in Working out the effective life yourself

    From 1 July 2017, you may not be able to claim a deduction for a decline in value of certain second-hand depreciating assets in your residential rental property. If you use these assets to produce rental income from your residential rental property, deductions are available only if an exception applies. See Limit on deductions for decline in value of second-hand depreciating assets.

    Table 3: – Assets – general

    Asset

    Deduction for
    decline in value
    (effective life in years) for assets acquired before 1 July 2004

    Deduction for
    decline in value
    (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019

    Capital works deduction

    air conditioning assets

    see table 5  

    see table 5

    see table 5

    -

    cable trays

    -

    -

    -

    Yes

    ceiling fans

    own estimate

    5

    5

    -

    clocks, electric

    13 and one third

    10

    10

    -

    cupboards, other than freestanding

    -

    -

    -

    Yes

    DVD players

    own estimate

    5

    5

    -

    door closers

    own estimate

    10

    10

    -

    door locks and latches (excluding electronic code pads)

    -

    -

    -

    Yes

    door stops, fixed

    -

    -

    -

    Yes

    door stops, freestanding

    own estimate

    10

    -

    -

    electrical assets (including conduits, distribution boards, power points, safety switches, switchboards, switches and wiring)

    -

    -

    -

    Yes

    escalators (machinery and moving parts)

    see table 4

    see table 4

    see table 4

    -

    evaporative coolers

    see table 6

    see table 6

    see table 6

    -

    facade, fixed

    -

    -

    -

    Yes

    floor coverings, fixed (including cork, linoleum, parquetry, tiles and vinyl)

    -

    -

    -

    Yes

    floor coverings (removable without damage): carpet

    10

    10

    8

    -

    floor coverings (removable without damage): floating timber

    own estimate

    15

    15

    -

    floor coverings (removable without damage): linoleum

    10

    10

    10

    -

    floor coverings (removable without damage): vinyl

    10

    10

    10

    -

    furniture, freestanding

    13 and one third

    13 and one third

    13 and one third

    -

    garbage bins

    6 and two thirds

    10

    10

    -

    garbage chutes

    -

    -

    -

    Yes

    garbage compacting systems (excluding chutes)

    6 and two thirds

    6 and two thirds

    6 and two thirds

    -

    generators

    20

    20

    20

    -

    grease traps

    -

    -

    -

    Yes

    gym assets: cardiovascular

    own estimate

    5

    5

    -

    gym assets: resistance

    own estimate

    10

    10

    -

    hand dryers, electrical

    10

    10

    10

    -

    hand rails

    -

    -

    -

    Yes

    Heaters – fixed: ducts, pipes, vents and wiring

    -

    -

    -

    Yes

    Heaters – fixed: electric

    10

    15

    15

    -

    Heaters – fixed: fire places (including wood heaters)

    -

    -

    -

    Yes

    Heaters – gas: ducted central heating unit

    own estimate

    20

    20

    -

    Heaters – gas: other

    own estimate

    15

    15

    -

    Heaters – freestanding

    10

    15

    15

    -

    Home automation control assets

    own estimate

    own estimate

    10

    -

    hooks, robe

    -

    -

    -

    Yes

    hot-water systems (excluding piping): electric

    20

    12

    12

    -

    hot-water systems (excluding piping): gas

    20

    12

    12

    -

    hot-water systems (excluding piping): solar

    20

    15

    15

    -

    hot-water system piping

    -

    -

    -

    Yes

    Hydronic assets – controls

    own estimate

    own estimate

    10

    -

    Hydronic assets – water heaters

    own estimate

    own estimate

    10

    -

    insulation

    -

    -

    -

    Yes

    intercom system assets

    own estimate

    10

    10

    -

    lift wells

    -

    -

    -

    Yes

    lifts (including hydraulic and traction lifts)

    see table 4

    see table 4

    see table 4

    -

    lights: fittings (excluding hardwired)

    20

    5

    5

    -

    lights: fittings, hardwired

    -

    -

    -

    Yes

    lights: freestanding

    own estimate

    5

    5

    -

    lights: shades, removable

    own estimate

    5

    5

    -

    linen

    own estimate

    5

    5

    -

    master antenna television (MATV) assets: amplifiers

    own estimate

    10

    10

    -

    master antenna television (MATV) assets: modulators

    own estimate

    10

    10

    -

    master antenna television (MATV) assets: power sources

    own estimate

    10

    10

    -

    master antenna television (MATV) assets (excluding amplifiers, modulators and power sources)

    -

    -

    -

    Yes

    mirrors, fixed

    -

    -

    -

    Yes

    mirrors, freestanding

    own estimate

    15

    15

    -

    radios

    10

    10

    10

    -

    ramps

    -

    -

    -

    Yes

    rugs

    own estimate

    7

    7

    -

    safes, fixed

    -

    -

    -

    Yes

    sanitary fixtures, fixed (including soap dispensers)

    -

    -

    -

    Yes

    satellite dishes

    -

    -

    -

    Yes

    screens

    -

    -

    -

    Yes

    shelving, other than freestanding

    -

    -

    -

    Yes

    shutters

    -

    -

    -

    Yes

    signs, fixed

    -

    -

    -

    Yes

    skylights

    -

    -

    -

    Yes

    skylights – controls

    own estimate

    own estimate

    10

    -

    skylights – motors

    own estimate

    own estimate

    10

    -

    solar-powered generating systems (incorporating batteries, inverters, solar panels, regulators)

    own estimate

    20

    20

    -

    stereo systems (incorporating amplifiers, cassette players, compact disc players, radios and speakers)

    own estimate

    7

    7

    -

    surround sound systems (incorporating audio-video receivers and speakers)

    own estimate

    10

    10

    -

    telecommunications assets: cordless phones

    own estimate

    4

    4

    -

    telecommunications assets: distribution frames

    -

    -

    -

    Yes

    telecommunications assets: PABX computerised assets

    20

    10

    10

    -

    telecommunications assets: telephone hand sets

    own estimate

    10

    6

    -

    television antennas, fixed

    -

    -

    -

    Yes

    television antennas, freestanding

    own estimate

    5

    5

    -

    television sets

    10

    10

    8

    -

    vacuum cleaners – ducted: hoses

    own estimate

    10

    10

    -

    vacuum cleaners – ducted: motors

    own estimate

    10

    10

    -

    vacuum cleaners – ducted: wands

    own estimate

    10

    10

    -

    vacuum cleaners – portable

    10

    10

    10

    -

    vacuum cleaners, ducted (excluding hoses, motors and wands)

    -

    -

    -

    Yes

    ventilation ducting and vents

    -

    -

    -

    Yes

    ventilation fans

    own estimate

    20

    20

    -

    video cassette recorder systems (VCR)

    own estimate

    5

    5

    -

    water pumps –
    multi-story

    20

    20

    20

    -

    water pumps – rainwater tanks

    20

    20

    5

    -

    water pumps –
    single residence pressure pumps

    20

    20

    8

    -

    water tanks

    -

    -

    -

    Yes

    window awnings, insect screens, louvres, pelmets and tracks

    -

    -

    -

    Yes

    window blinds, internal

    20

    10

    10

    -

    window curtains

    6 and two thirds

    6

    6

    -

    window shutters, automatic: controls

    own estimate

    10

    10

    -

    window shutters, automatic: motors

    own estimate

    10

    10

    -

    window shutters, automatic (excluding controls and motors)

    -

    -

    -

    Yes

    Bathroom assets

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019

    Capital works deduction

    accessories, fixed (including mirrors, rails, soap holders and toilet roll holders)

    -

    -

    -

    Yes

    accessories, freestanding (including shower caddies, soap holders, toilet brushes)

    own estimate

    5

    3

    -

    exhaust fans (including light/heating)

    own estimate

    10

    10

    -

    fixtures (including baths, bidets, tapware, toilets, vanity units and wash basins)

    -

    -

    -

    Yes

    heated towel rails, electric

    own estimate

    10

    10

    -

    shower assets (including doors, rods, screens and trays)

    -

    -

    -

    Yes

    shower curtains (excluding curtain rods and screens)

    own estimate

    2

    2

    -

    spa baths (excluding pumps)

    -

    -

    -

    Yes

    spa bath pumps

    20

    20

    10

    -

    Bedroom assets

    Asset

    Deduction for
    decline in value
    (effective life in years) for assets acquired before 1 July 2004

    Deduction for
    decline in value
    (effective life in years) for assets acquired from 1 July 2004

    Capital works deduction

    wardrobes, other than freestanding (incorporating doors, fixed fittings and mirrors)

    -

    -

    Yes

    Fire control assets

    Asset

    Deduction for
    decline in value
    (effective life in years) for assets acquired before 1 July 2004

    Deduction for
    decline in value
    (effective life in years) for assets acquired from 1 July 2004

    Capital works deduction

    alarms: heat

    20

    6

    -

    alarms: smoke

    20

    6

    -

    detection and alarm systems: alarm bells

    20

    12

    -

    detection and alarm systems: cabling and reticulation

    -

    -

    Yes

    detection and alarm systems: detectors (including addressable manual call points, heat, multi-type and smoke)

    own estimate

    20

    -

    detection and alarm systems: fire indicator panels

    20

    12

    -

    detection and alarm systems: manual call points (non-addressable)

    -

    -

    Yes

    doors, fire and separation

    -

    -

    Yes

    emergency warning and intercommunication systems (EWIS): master emergency control panels

    20

    12

    -

    emergency warning and intercommunication systems (EWIS): speakers

    20

    12

    -

    emergency warning and intercommunication systems (EWIS): strobe lights

    20

    12

    -

    emergency warning and intercommunication systems (EWIS): warden intercom phone

    20

    12

    -

    extinguishers

    13 and one third

    15

    -

    hose cabinet and reels (excluding hoses and nozzles)

    -

    -

    Yes

    hoses and nozzles

    20

    10

    -

    hydrant boosters (excluding pumps)

    -

    -

    Yes

    hydrants

    -

    -

    Yes

    lights, exit and emergency

    -

    -

    Yes

    pumps (including diesel and electric)

    20

    25

    -

    sprinkler systems (excluding pumps)

    -

    -

    Yes

    stair pressurisation assets: AC variable speed drives

    own estimate

    10

    -

    stair pressurisation assets: pressurisation and extraction fans

    own estimate

    25

    -

    stair pressurisation assets: sensors

    own estimate

    10

    -

    water piping

    -

    -

    Yes

    water tanks

    -

    -

    Yes

    Kitchen assets

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction fordecline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019

    Capital works deduction

    cook tops

    own estimate

    12

    12

    -

    crockery

    own estimate

    5

    5

    -

    cutlery

    own estimate

    5

    5

    -

    dishwashers

    own estimate

    10

    8

    -

    fixtures (including bench tops, cupboards, sinks, tapware and tiles)

    -

    -

    -

    Yes

    freezers

    13 and one third

    12

    12

    -

    garbage disposal units

    6 and two thirds

    10

    10

    -

    microwave ovens

    6 and two thirds

    10

    8

    -

    ovens

    own estimate

    12

    12

    -

    range hoods

    own estimate

    12

    12

    -

    refrigerators

    13 and one third

    12

    12

    -

    stoves

    20

    12

    12

    -

    water filters, electrical

    own estimate

    15

    15

    -

    water filters, fixed (attached to plumbing)

    -

    -

    -

    Yes

    Laundry assets

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019

    Capital works deduction

    clothes dryers

    own estimate

    10

    7

    -

    fixtures (including tapware, tiles and tubs)

    -

    -

    -

    Yes

    ironing boards, freestanding

    own estimate

    7

    5

    -

    ironing boards, other than freestanding

    -

    -

    -

    Yes

    irons

    own estimate

    5

    5

    -

    washing machines

    6 and two thirds

    10

    8

    -

    Outdoor assets

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019

    Capital works deduction

    automatic garage doors: controls

    own estimate

    5

    5

    -

    automatic garage doors: motors

    own estimate

    10

    10

    -

    automatic garage doors (excluding controls and motors)

    -

    -

    -

    Yes

    Barbecues – fixed

    -

    -

    -

    Yes

    Barbecues – fixed: sliding trays and cookers

    own estimate

    10

    10

    -

    Barbecues - freestanding

    own estimate

    5

    5

    -

    boat sheds

    -

    -

    -

    Yes

    bollards, fixed

    -

    -

    -

    Yes

    car parks, sealed

    -

    -

    -

    Yes

    carports

    -

    -

    -

    Yes

    clotheslines

    -

    -

    -

    Yes

    driveways, sealed

    -

    -

    -

    Yes

    fencing

    -

    -

    -

    Yes

    floor carpet (including artificial grass and matting)

    own estimate

    5

    5

    -

    folding arm awnings –
    controls

    own estimate

    own estimate

    10

    -

    folding arm awnings –
    motors

    own estimate

    own estimate

    10

    -

    furniture, freestanding

    13 and one third

    5

    5

    -

    furniture, other than freestanding

    -

    -

    -

    Yes

    garage doors (excluding motors and controls)

    -

    -

    -

    Yes

    garden awnings and shade structures, fixed

    -

    -

    -

    Yes

    gardening watering installations: control panels

    own estimate

    5

    5

    -

    gardening watering installations: pumps

    20

    5

    5

    -

    gardening watering installations: timing devices

    own estimate

    5

    5

    -

    gardening watering installations (excluding control panels, pumps and timing devices)

    -

    -

    -

    Yes

    garden lights, fixed

    -

    -

    -

    Yes

    garden lights, solar

    own estimate

    8

    5

    -

    garden sheds, freestanding

    own estimate

    15

    15

    -

    garden sheds, other than freestanding

    -

    -

    -

    Yes

    gates, electrical: controls

    own estimate

    5

    5

    -

    gates, electrical: motors

    own estimate

    10

    10

    -

    gates (excluding electrical controls and motors)

    -

    -

    -

    Yes

    jetties (including boat sheds and pontoons)

    -

    -

    -

    Yes

    letterboxes

    -

    -

    -

    Yes

    operable pergola louvres: controls

    own estimate

    15

    15

    -

    operable pergola louvres: motors

    own estimate

    15

    15

    -

    operable pergola louvres (excluding controls and motors)

    -

    -

    -

    Yes

    paths

    -

    -

    -

    Yes

    rainwater tanks – galvanised steel

    own estimate

    own estimate

    25

    -

    rainwater tanks – polyethylene

    own estimate

    own estimate

    15

    -

    roller blinds – controls

    own estimate

    own estimate

    10

    -

    roller blinds – motors

    own estimate

    own estimate

    10

    -

    retaining walls

    -

    -

    -

    Yes

    saunas (excluding heating assets)

    -

    -

    -

    Yes

    sauna heating assets

    13 and one third

    15

    15

    -

    screens, fixed (including glass screens)

    -

    -

    -

    Yes

    septic tanks

    -

    -

    -

    Yes

    sewage treatment assets: controls

    own estimate

    8

    8

    -

    sewage treatment assets: motors

    own estimate

    8

    8

    -

    sewage treatment assets (excluding controls and motors)

    -

    -

    -

    Yes

    Spas – fixed

    -

    -

    -

    Yes

    Spas – fixed: chlorinators

    13 and one third

    12

    10

    -

    Spas – fixed: filtration (including pumps)

    13 and one third

    12

    10

    -

    Spas – fixed: heaters (electric or gas)

    13 and one third

    15

    15

    -

    Spas freestanding (incorporating blowers, controls, filters, heaters and pumps)

    20

    17

    17

    -

    swimming pool assets: chlorinators

    13 and one third

    12

    10

    -

    swimming pool assets – cleaning

    13 and one third

    7

    7

    -

    Swimming pool assets – covers (including blankets)

    own estimate

    own estimate

    8

    -

    swimming pool assets – filtration (including pumps)

    13 and one third

    12

    10

    -

    swimming pool assets – electric heaters

    13 and one third

    15

    15

    -

    swimming pool assets – gas heaters

    13 and one third

    15

    15

    -

    swimming pool assets – solar heaters

    13 and one third

    20

    20

    -

    swimming pools

    -

    -

    -

    Yes

    tennis court assets – cleaners

    own estimate

    3

    3

    -

    tennis court assets – drag brooms

    own estimate

    3

    3

    -

    tennis court assets – nets

    own estimate

    5

    5

    -

    tennis court assets – rollers

    own estimate

    3

    3

    -

    tennis court assets – umpire chairs

    own estimate

    15

    15

    -

    tennis court assets, fixed (including fences, lights, posts and surfaces)

    -

    -

    -

    Yes

    Security and monitoring assets

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004

    Capital works deduction

    access control systems: code pads

    own estimate

    5

    -

    access control systems: door controllers

    own estimate

    5

    -

    access control systems –proximity readers

    own estimate

    7

    -

    access control systems – swipe card readers

    own estimate

    3

    -

    closed circuit television systems – cameras

    6 and two thirds

    4

    -

    closed circuit television systems – monitors

    6 and two thirds

    4

    -

    closed circuit television systems – digital recorders

    own estimate

    4

    -

    closed circuit television systems – time lapse recorders

    own estimate

    2

    -

    switching units (including multiplexes)

    own estimate

    5

    -

    doors and screens

    -

    -

    Yes

    security systems –
    code pads

    6 and two thirds

    5

    -

    security systems –
    control panels

    6 and two thirds

    5

    -

    detectors (including glass, passive infrared, and vibration)

    6 and two thirds

    5

    -

    detectors – global system for mobiles (GSM) units (including glass, passive infrared, and vibration)

    6 and two thirds

    5

    -

    Detector noise makers (including bells and sirens)

    6 and two thirds

    5

    -

    Table 4

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004

    Capital works deduction

    escalators (machinery and moving parts)

    16 and two thirds

    20

    -

    lifts – electric

    16 and two thirds

    30

    -

    lifts – hydraulic

    20

    30

    -

    Table 5: Air conditioning assets (excluding ducting, pipes and vents)

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004

    Capital works deduction

    air handling units

    -

    20

    -

    chillers – absorption

    -

    25

    -

    chillers – centrifugal

    -

    20

    -

    chillers – volumetrics air-cooled (including reciprocating, rotary, screw, scroll)

    -

    15

    -

    chillers – volumetrics water-cooled (including reciprocating, rotary, screw, scroll)

    -

    20

    -

    condensing sets

    -

    15

    -

    cooling towers

    -

    15

    -

    damper motors (including variable air volume box controller)

    -

    10

    -

    fan coil units (connected to condensing set)

    -

    15

    -

    mini split systems up to 20kW (including ceiling, floor and high wall split system)

    -

    10

    -

    packaged air conditioning units

    -

    15

    -

    pumps

    -

    20

    -

    room units

    -

    10

    -

    air conditioning ducts, pipes and vents

    -

    -

    Yes

    Air conditioning plant

    Asset

    Deduction for decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004

    Capital works deduction

    central type (including ducting and vents)

    13 and one third

    -

    -

    structural alterations and additions associated with the installation of this plant which forms an integral part of it

    100

    -

    -

    room units

    10

    -

    -

    solar-energy powered

    13 and one third

    -

    -

    Table 6 – Evaporative coolers

    Asset

    Deduction for
    decline in value (effective life in years) for assets acquired before 1 July 2004

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2004 and before 1 July 2019

    Deduction for decline in value (effective life in years) for assets acquired from 1 July 2019

    Capital works deduction

    fixed (excluding ducting and vents)

    own estimate

    20

    15

    -

    portable

    own estimate

    10

    10

    -

    ducting and vents

    -

    -

    -

    Yes

    Last modified: 28 May 2020QC 62602