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Residential rental property items

Last updated 3 December 2006

Treatment as depreciating assets or capital works

In the following list, 'Own estimate' refers to the fact that there was no Commissioner's determination in effect, and you may make an estimate of the effective life in accordance with the principles set out at Working out the effective life yourself.

Table 1 – assets, general

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

air conditioning assets

See Table 3

-

-

cable trays

-

-

yes

ceiling fans

Own estimate

5

-

clocks, electric

13 1/3

10

-

cupboards, other than freestanding

-

-

yes

digital video display (DVD) players

Own estimate

5

-

door closers

Own estimate

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 2

-

-

facade, fixed

-

-

-

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

-

-

yes

floor coverings (removable without damage):

-

-

-

  • carpet
 

10

10

-

  • floating timber
 

Own estimate

15

-

  • linoleum
 

10

10

-

  • vinyl
 

10

10

-

furniture, freestanding

13 1/3

13 1/3

-

garbage bins

6 2/3

10

-

garbage chutes

-

-

yes

garbage compacting systems (excluding chutes)

6 2/3

6 2/3

-

generators

20

20

-

grease traps

-

-

yes

gym assets:

-

-

-

  • cardiovascular
 

Own estimate

5

-

  • resistance
 

Own estimate

10

-

hand dryers, electrical

10

10

-

hand rails

-

-

yes

heaters:

-

-

-

  • fixed:
 

-

-

-

  • ducts, pipes, vents and wiring
 

-

-

yes

  • electric
 

10

15

-

  • fire places (including wood heaters)
 

-

-

yes

  • gas:
 

-

-

-

  • ducted central heating unit
 

Own estimate

20

-

  • other
 

Own estimate

15

-

  • freestanding
 

10

15

-

hooks, robe

-

-

yes

hot water systems (excluding piping):

-

-

-

  • electric
 

20

12

-

  • gas
 

20

12

-

  • solar
 

20

15

-

hot water system piping

-

-

yes

Insulation

-

-

yes

intercom system assets

Own estimate

10

-

lift wells

-

-

yes

lifts (including hydraulic and traction lifts)

See Table 2

-

-

lights:

-

-

-

  • fittings (excluding hardwired)
 

20

5

-

  • fittings, hardwired
 

-

-

yes

  • freestanding
 

Own estimate

5

-

  • shades, removable
 

Own estimate

5

-

linen

Own estimate

5

-

master antenna television (MATV) assets:

-

-

-

  • amplifiers
 

Own estimate

10

-

  • modulators
 

Own estimate

10

-

  • power sources
 

Own estimate

10

-

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

-

-

yes

mirrors, fixed

-

-

yes

mirrors, freestanding

Own estimate

15

-

radios

10

10

-

ramps

-

-

yes

rugs

Own estimate

7

-

safes, fixed

-

-

yes

sanitary fixtures, fixed (including soap dispensers)

-

-

yes

satellite dishes

-

-

yes

screens

-

-

yes

shelving, other than freestanding

-

-

yes

shutters

-

-

-

signs, fixed

-

-

yes

skylights

-

-

yes

solar powered generating system assets

Own estimate

20

-

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

Own estimate

7

-

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

Own estimate

10

-

 

 

 

 

Telecommunications assets:

-

-

-

  • cordless phones
 

Own estimate

4

-

  • distribution frames
 

-

-

yes

  • PABX computerised assets
 

20

10

-

  • telephone hand sets
 

Own estimate

10

-

television antennas, fixed

-

-

yes

television antennas, freestanding

Own estimate

5

-

television sets

10

10

-

vacuum cleaners:

-

-

-

  • ducted:
 

-

-

-

  • hoses
 

Own estimate

10

-

  • motors
 

Own estimate

10

-

  • wands
 

Own estimate

10

-

  • portable
 

10

10

-

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

-

-

yes

ventilation ducting and vents

-

-

yes

ventilation fans

Own estimate

20

-

video cassette recorder systems (VCR)

Own estimate

5

-

water pumps

20

20

-

water tanks

-

-

yes

window awnings, insect screens, louvres, pelmets and tracks

-

-

yes

window blinds, internal

20

10

-

window curtains

6 2/3

6

-

window shutters, automatic:

-

-

-

controls

Own estimate

10

-

motors

Own estimate

10

-

window shutters, automatic (excluding controls and motors)

-

-

yes

Bathroom assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

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

-

-

yes

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

Own estimate

5

-

exhaust fans (including light/heating)

Own estimate

10

-

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

-

-

yes

heated towel rails, electric

Own estimate

10

-

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

-

-

yes

shower curtains (excluding curtain rods and screens)

Own estimate

2

-

spa baths (excluding pumps)

-

-

yes

spa bath pumps

20

20

-

Bedroom assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

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

-

-

yes

Fire control assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

alarms:

-

-

-

  • heat
 

20

6

-

  • smoke
 

20

6

-

detection and alarm systems:

-

-

-

  • alarm bells
 

20

12

-

  • cabling and reticulation
 

-

-

yes

  • detectors (including addressable manual call points, heat, multi type and smoke)
 

Own estimate

20

-

  • fire indicator panels
 

20

12

-

  • manual call points (non-addressable)
 

-

-

yes

  • doors, fire and separation
 

-

-

yes

emergency warning and intercommunication systems (EWIS):

-

-

-

  • master emergency control panels
 

20

12

-

  • speakers
 

20

12

-

  • strobe lights
 

20

12

-

  • warden intercom phone
 

20

12

-

extinguishers

13 1/3

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:

-

-

-

  • A C variable speed drives
 

Own estimate

10

-

  • pressurisation and extraction fans
 

Own estimate

25

-

  • sensors
 

Own estimate

10

-

water piping

-

-

yes

water tanks

-

-

yes

Kitchen assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

cook tops

Own estimate

12

-

crockery

Own estimate

5

-

cutlery

Own estimate

5

-

dishwashers

Own estimate

10

-

fixtures (including bench tops, cupboards, sinks, tap ware and tiles)

-

-

yes

freezers

13 1/3

12

-

garbage disposal units

6 2/3

10

-

microwave ovens

6 2/3

10

-

ovens

Own estimate

12

-

range hoods

Own estimate

12

-

refrigerators

13 1/3

12

-

stoves

20

12

-

water filters, electrical

Own estimate

15

-

water filters, fixed (attached to plumbing)

-

-

yes

Laundry assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

clothes dryers

Own estimate

10

-

fixtures (including tap ware, tiles and tubs)

-

-

yes

ironing boards, freestanding

Own estimate

7

-

ironing boards, other than freestanding

-

-

yes

irons

Own estimate

5

-

washing machines

6 2/3

10

-

Outdoor assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

automatic garage doors:

-

-

-

  • controls
 

Own estimate

5

-

  • motors
 

Own estimate

10

-

automatic garage doors (excluding controls and motors)

-

-

yes

barbecues:

-

-

-

  • fixed:
 

-

-

yes

  • sliding trays and cookers
 

Own estimate

10

-

  • freestanding
 

Own estimate

5

-

boat sheds

-

-

yes

bollards, fixed

-

-

yes

car parks, sealed

-

-

yes

carports

-

-

yes

clotheslines

-

-

yes

driveways, sealed

-

-

yes

fencing

-

-

-

floor carpet (including artificial grass and matting)

Own estimate

5

-

furniture, freestanding

13 1/3

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

-

  • pumps
 

20

5

-

  • timing devices
 

Own estimate

5

-

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

-

-

yes

garden lights, fixed

-

-

yes

garden lights, solar

Own estimate

8

-

garden sheds, freestanding

Own estimate

15

-

garden sheds, other than freestanding

-

-

yes

gates, electrical:

-

-

-

  • controls
 

Own estimate

5

-

  • motors
 

Own estimate

10

-

gates (excluding electrical controls and motors)

-

-

yes

jetties (including boat sheds and pontoons)

-

-

yes

letter boxes

-

-

yes

operable pergola louvres:

-

-

-

  • controls
 

Own estimate

15

-

  • motors
 

Own estimate

15

-

operable pergola louvres (excluding controls and motors)

-

-

yes

paths

-

-

yes

retaining walls

-

-

yes

saunas (excluding heating assets)

-

-

yes

sauna heating assets

13 1/3

15

-

screens, fixed (including glass screens)

-

-

yes

septic tanks

-

-

yes

sewage treatment assets:

-

-

-

  • controls
 

Own estimate

8

-

  • motors
 

Own estimate

8

-

sewage treatment assets (excluding controls and motors)

-

-

yes

spas :

-

-

-

  • fixed:
 

-

-

yes

  • chlorinators
 

13 1/3

12

-

  • filtration (including pumps)
 

13 1/3

12

-

  • heaters (electric or gas)
 

13 1/3

15

-

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

20

17

-

swimming pool assets:

-

-

-

  • chlorinators
 

13 1/3

12

-

  • cleaning
 

13 1/3

7

-

  • filtration (including pumps)
 

13 1/3

12

-

heaters:

-

-

-

  • electric
 

13 1/3

15

-

  • gas
 

13 1/3

15

-

  • solar
 

13 1/3

20

-

swimming pools

-

-

yes

tennis court assets:

-

-

-

  • cleaners
 

Own estimate

3

-

  • drag brooms
 

Own estimate

3

-

  • nets
 

Own estimate

5

-

  • rollers
 

Own estimate

3

-

  • umpire chairs
 

Own estimate

15

-

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

-

-

yes

Security and monitoring assets

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 30 June 2004

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2004

Capital works deduction (Div 43)

access control systems:

-

-

-

  • code pads
 

Own estimate

5

-

  • door controllers
 

Own estimate

5

-

  • readers:
 

 

 

-

  • proximity
 

Own estimate

7

-

  • swipe card
 

Own estimate

3

-

closed circuit television systems:

-

-

-

  • cameras
 

6 2/3

4

-

  • monitors
 

6 2/3

4

-

  • recorders:
 

-

-

-

  • digital
 

Own estimate

4

-

  • time lapse
 

Own estimate

2

-

  • switching units (including multiplexes)
 

Own estimate

5

-

doors and screens

-

-

yes

security systems:

-

-

-

  • code pads
 

6 2/3

5

-

  • control panels
 

6 2/3

5

-

detectors (including glass, passive infra-red, and vibration)

6 2/3

5

-

  • global system for mobiles (GSM) units
 

6 2/3

5

-

  • noise makers (including bells and sirens)
 

6 2/3

5

-

Table 2

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 1 January 2003

Decline in value deduction (div 40) effective life (years) assets acquired from 1 January 2003

Capital works deduction (Div 43)

Escalators (machinery and moving parts)

16 2/3

20

-

Lifts:

-

-

-

  • electric
 

16 2/3

30

-

  • hydraulic
 

20

30

-

Table 3

Asset

Decline in value deduction (div 40) effective life (years) assets acquired before 1 July 2003

Decline in value deduction (div 40) effective life (years) assets acquired from 1 July 2003

Capital works deduction (Div 43)

Air conditioning:

-

-

-

air conditioning assets (excluding ducting, pipes and vents):

-

-

-

air handling units

-

20

-

chillers:

-

-

-

  • absorption
 

-

25

-

  • centrifugal
 

-

20

-

  • volumetrics (including reciprocating, rotary, screw, scroll):
 

-

-

-

  • air-cooled
 

-

15

-

  • water-cooled
 

-

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:

-

-

-

central type (including ducting and vents)

13 1/3

-

-

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 1/3

-

-

QC27520