Taxation Ruling

TR 2018/4

Income tax: effective life of depreciating assets (applicable from 1 July 2018)

  • Please note that the PDF version is the authorised version of this ruling.
    This Ruling, which applies from 1 July 2018, replaces TR 2017/2 (see paragraph 5 of this Ruling for further details).

Mining - (06000 to 10900)

MINING
(06000 to 10900)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Crushing and milling assets:
    Crushers:
        Cone and gyratory 25     *     1   Jul   2003
        Feeder breaker 20     *     1   Jul   2003
        Generally 25     *     1   Jul   2003
        Impact and rotary 20     *     1   Jul   2003
        Jaw 25     *     1   Jul   2003
        Roller (including roll sizers) 20     *     1   Jul   2003
    Grinding mills:
        Ball and rod 25     *     1   Jul   2003
        Generally 25     *     1   Jul   2003
        Hammer 15     *     1   Jul   2003
        SAG (autogenous) 25     *     1   Jul   2003
Hydrometallurgy and Pyrometallurgy assets:
    Adsorption process assets 20     *     1   Jul   2003
    Agglomeration (pelletizing) assets 25     *     1   Jul   2003
    Calcination process assets (including kilns) 25     *     1   Jul   2003
    Casting process assets for casting billets or ingots 30     *     1   Jul   2003
    Converting process assets (including rotatable cylindrical furnaces) 30     *     1   Jul   2003
    Cooling process assets (including cooling towers) 25     *     1   Jul   2003
    Counter current decantation (CCD) process assets 20     *     1   Jul   2003
    Drying process assets (including rotary dryers, spray dryers and indirect heat exchanger dryers) 25     *     1   Jul   2003
    Electrolysis process assets (including electrowinning process and electro refining process assets including tanks) 20     *     1   Jul   2003
    Filtration process assets 15     *     1   Jul   2003
    Gas cleaning process assets (including electrostatic precipitators and baghouses) 20     *     1   Jul   2003
    Gas recovery process assets (including stripping and absorption assets) 25     *     1   Jul   2003
    Ion exchange process assets 15     *     1   Jul   2003
    Leaching process assets:
        Atmospheric 15     *     1   Jul   2003
        Generally 25     *     1   Jul   2003
        Pressure 25     *     1   Jul   2003
    Neutralisation process assets 20     *     1   Jul   2003
    Pots and ladles used for molten materials 30     *     1   Jul   2003
    Precipitation process assets (including tanks and agitators) 20     *     1   Jul   2003
    Pressure vessels 30     *     1   Jul   2003
    Roasting process assets (including kilns and furnaces) 30     *     1   Jul   2003
    Sintering process assets (including continuous sintering machines) 30     *     1   Jul   2003
    Smelting process assets (including furnaces) 25     *     1   Jul   2003
    Solution treatment and metal recovery assets 20     *     1   Jul   2003
    Solvent extraction process assets (including mixer-settler units) 20     *     1   Jul   2003
    Tailings stills 20     *     1   Jul   2003
Infrastructure support assets:
    Compressors 15     *     1   Jul   2003
    Control systems and communication systems assets:
        Generally 10     *     1   Jul   2003
        Instruments 10     *     1   Jul   2003
        Towers or other supporting structures 30     *     1   Jul   2003
    Electrical infrastructure assets (including power reticulation, substations, switchgear and transformers) 25     *     1   Jul   2003
    Mineral treatment structure 40     *     1   Jul   2003
    Pipes and pipelines (including valves and fittings):
        Generally 25     *     1   Jul   2003
        Slurry pipework within processing facility (including slurry pipe to thickener) 10     *     1   Jan   2006
    Pumps:
        Generally 20     *     1   Jul   2003
        Positive displacement pumps 15     *     1   Jul   2003
Materials handling assets:
    Belt magnets, samplers, metal detectors and analysers 15     *     1   Jul   2003
    Bins, chutes, hoppers, bunkers and silos 30     *     1   Jul   2003
    Bucket elevators 25     *     1   Jul   2003
    Conveyors 25     *     1   Jul   2003
    Feeders:
        Generally (including apron and belt) 20     *     1   Jul   2003
        Vibrating 15     *     1   Jul   2003
    Fuel storage tanks 30     *     1   Jul   2003
    Gas storage tanks and spheres 25     *     1   Jul   2003
    Grizzly bars and scalpers 25     *     1   Jul   2003
    Overhead cranes/gantries 30     *     1   Jul   2003
    Stacks (chimney) 30     *     1   Jul   2003
    Stockpile assets:
        Reclaim tunnel flow valves and activators 25     *     1   Jul   2003
        Stackers, reclaimers and stacker/reclaimers 25     *     1   Jul   2003
        Train loaders 30     *     1   Jul   2003
        Trippers/stackers and stacking conveyor systems 25     *     1   Jul   2003
        Tunnel vent and exhaust fans 15     *     1   Jul   2003
    Water recycling facilities 20     *     1   Jul   2003
    Water storage tanks 30     *     1   Jul   2003
    Weighing machines (including weighers for feeders and conveyors) 20     *     1   Jul   2004
Mineral dressing assets:
    Classification, gravity separation and dewatering assets:
        Centrifuges 15     *     1   Jul   2003
        Cyclones:
            Dense medium and heavy medium 8     *     1   Jul   2003
            Generally (including classifying, desliming, and hydrocyclones) 15     *     1   Jul   2003
        Generally 18     *     1   Jul   2003
        Hydraulic classifiers and teetered bed separators 20     *     1   Jul   2003
        Jigs 25     *     1   Jul   2003
        Pneumatic tables and air separators 25     *     1   Jul   2003
        Settling cones 25     *     1   Jul   2003
        Shaking tables 25     *     1   Jul   2003
        Sluices and cone concentrators 25     *     1   Jul   2003
        Spirals 12     *     1   Jul   2003
    Electrostatic separation assets 20     *     1   Jul   2003
    Filtration assets (including pressure filtration and vacuum filtration equipment) 15     *     1   Jul   2003
    Flotation assets (including tanks, launders, agitators, air supply and reagent dosing equipment) 20     *     1   Jul   2003
    Magnetic separation assets (including cross belt, drum and disc types) 20     *     1   Jul   2003
    Screening assets 15     *     1   Jul   2003
    Thickening assets 25     *     1   Jul   2003
Port assets - see Table A Water transport and support services (48100 to 48200 and 52110 to 52190)
Railway infrastructure assets and rolling-stock - see Table A Rail freight and passenger transport services (47100 to 47200)
Surface mobile mining machines:
    Bucket wheel excavators 30     *     1   Jul   2002
    Compressors 20     *     1   Jul   2002
    Cranes 20     *     1   Jul   2002
    Dozers 9     *     1   Jul   2002
    Draglines 30     *     1   Jul   2002
    Drill rigs (Production) 10     *     1   Jul   2002
    Electric rope shovels 25     *     1   Jul   2002
    Generators 10     *     1   Jul   2002
    Graders 10     *     1   Jul   2002
    Hydraulic excavators (including hydraulic front shovels) 10     *     1   Jul   2002
    Lighting systems 10     *     1   Jul   2002
    Off highway trucks (including articulated, rigid dump, service, fuel and water trucks) 10     *     1   Jul   2002
    Rollers 15     *     1   Jul   2002
    Scrapers 7     *     1   Jul   2002
    Skid steer loader 7     *     1   Jul   2002
    Tool carriers 10     *     1   Jul   2002
    Wheel loaders 8     *     1   Jul   2002
Tailings dams 20 1   Jan   2001
Underground mobile mining machines:
    Compressors 10     *     1   Jul   2002
    Continuous haulage systems 10     *     1   Jul   2002
    Continuous miners 10     *     1   Jul   2002
    Drill rigs:
        Diamond 20     *     1   Jul   2002
        Production 7     *     1   Jul   2002
    Feeder breakers 15     *     1   Jul   2002
    Graders 10     *     1   Jul   2002
    Jumbos 10     *     1   Jul   2002
    Load-haul-dump machines 6     *     1   Jul   2002
    Long-wall equipment:
        Armoured face conveyors 6     *     1   Jul   2002
        Beam stage loaders 7     *     1   Jul   2002
        Hydraulic pump modules 15     *     1   Jul   2002
        Hydraulic roof supports 10     *     1   Jul   2002
        Impact crushers 10     *     1   Jul   2002
        Mobile conveyors tail end 5     *     1   Jul   2002
        Roof support relocation vehicles 10     *     1   Jul   2002
        Shearers 7     *     1   Jul   2002
        Shearer carriers 10     *     1   Jul   2002
    Maintenance vehicles 8     *     1   Jul   2002
    Personnel transporters 8     *     1   Jul   2002
    Raise borers and down reamers 20     *     1   Jul   2002
    Roof bolters 8     *     1   Jul   2002
    Scissor lifts 6     *     1   Jul   2002
    Shuttle cars 12     *     1   Jul   2002
    Skid steer loaders 12     *     1   Jul   2002
    Underground haulage trucks 6     *     1   Jul   2002
    Wheel loaders 6     *     1   Jul   2002
Workshop plant 20 1   Jan   2001
Coal mining
(06000)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Coal preparation assets:
    Centrifuges 15     *     1   Jul   2003
    Crushing assets (including feeder breakers, impact, roller and rotary crushers) 20     *     1   Jul   2003
    Cyclones:
        Dense medium, heavy medium 6     *     1   Jul   2003
        Generally (including classifying, desliming and hydrocyclones) 10     *     1   Jul   2003
    Filtration assets (including belt, drum and vacuum filters) 15     *     1   Jul   2003
    Flotation assets (including agitation air supply systems, launders, reagent dosing systems and tanks) 20     *     1   Jul   2003
    Grizzly bars and scalpers 25     *     1   Jul   2003
    Jigs and heavy medium baths 25     *     1   Jul   2003
    Magnetic separators 20     *     1   Jul   2003
    Spirals 12     *     1   Jul   2003
    Thickening assets 25     *     1   Jul   2003
Infrastructure support assets:
    Analysers, belt magnets, grinding mills, metal detectors and samplers 15     *     1   Jul   2003
    Coal preparation facility framework/structure 40     *     1   Jul   2003
    Compressors 15     *     1   Jul   2003
    Control systems and communication systems assets:
        Generally 10     *     1   Jul   2003
        Instruments 10     *     1   Jul   2003
        Towers or other supporting structures 30     *     1   Jul   2003
    Electrical infrastructure assets (including reticulation assets, substations, switch gear and transformers) 25     *     1   Jul   2003
    Fuel storage tanks 30     *     1   Jul   2003
    Gas storage tanks 25     *     1   Jul   2003
    Overhead cranes/gantries 30     *     1   Jul   2003
    Pipes and pipelines (including valves and fittings):
        Generally 25     *     1   Jul   2003
        Slurry pipework within processing facility (including slurry pipe to thickener) 10     *     1   Jan   2006
    Pumps:
        Generally (including centrifugal pumps) 20     *     1   Jul   2003
        Positive displacement pumps 15     *     1   Jul   2003
    Train loaders 30     *     1   Jul   2003
    Tunnel vent or exhaust fans 15     *     1   Jul   2003
    Valves and other non pipe fittings 10     *     1   Jul   2003
    Water recycling facility 20     *     1   Jul   2003
    Water storage dams (including fire services dams and water storage dams generally) 30     *     1   Jul   2003
    Water storage tanks 30     *     1   Jul   2003
Materials handling assets:
    Bins, chutes, hoppers, silos and storage bunkers 30     *     1   Jul   2003
    Bucket elevators 25     *     1   Jul   2003
    Conveyors 25     *     1   Jul   2003
    Feeders:
        Generally (including apron and belt feeders) 20     *     1   Jul   2003
        Vibrating feeders 15     *     1   Jul   2003
    Stockpile spraying system 20     *     1   Jul   2003
    Stockpile stackers, reclaimers and stacker reclaimers:
        Generally (including all machinery) 25     *     1   Jul   2003
        Reclaim tunnels 25     *     1   Jul   2003
        Trippers/stackers 25     *     1   Jul   2003
Oil and gas extraction
(07000)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Assets used to manufacture condensate, crude oil, domestic gas, liquid natural gas (LNG) or liquid petroleum gas (LPG) but not if the manufacture occurs in an oil refinery [24] :
    Control systems 10     *     1   Jul   2002
    Domestic gas processing assets (including centrifugal compressor, column, gas turbine, heat exchanger, piping and turbo expander) 30     *#     1   Jul   2002
    Electricity generation assets - see Table A Electricity supply (26110 to 26400)
    Flare towers for gas flares 25     *#     1   Jul   2002
    Fractionation train assets (including air coolers, columns, compressors, heat exchangers, piping and pumps) 30     *#     1   Jul   2002
    Hot water system assets 17 ½     *#     1   Jul   2002
    Instruments 12 ½     *     1   Jul   2002
    LNG holding facility assets (including boil off gas compressors, cryogenic storage tanks, loading arms, pumps and tanks) 30     *#     1   Jul   2002
    LNG train assets (including centrifugal compressors, columns, cryogenic heat exchangers, gas turbine drivers and other heat exchangers) 30     *#     1   Jul   2002
    Stabiliser process assets (including columns, heat exchangers, pumps and reciprocating compressors) 30     *#     1   Jul   2002
    Storage and loading assets (including cryogenic storage tanks, jetties, loading arms, LPG chillers and pumps) 30     *#     1   Jul   2002
    Trunkline onshore terminal (TOT) assets:
        Flash tanks 20     *#     1   Jul   2002
        Slugcatcher and associated piping 30     *#     1   Jul   2002
        Valves including control valves 12 ½     *     1   Jul   2002
Gas production assets [25] :
    Central production facility assets:
        Boilers 10     *     1   Jul   2002
        Cabling for power and control systems 30     *#     1   Jul   2002
        Diesel systems 15     *     1   Jul   2002
        Drains systems 20     *#     1   Jul   2002
        Drill rigs 10     *     1   Jul   2002
        Flare system assets:
            Carbon steel piping 15     *     1   Jul   2002
            Flare tips 5     *     1   Jul   2002
            Stainless steel piping 30     *#     1   Jul   2002
        Fuel gas systems 30     *#     1   Jul   2002
        Gas compression and reinjection assets:
            Gas compressors used offshore 10     *     1   Jul   2002
            Gas turbine drivers used offshore 12 ½     *     1   Jul   2002
            Generally (including piping, skid, vessels and assets used onshore) 30     *#     1   Jul   2002
            Power turbines used offshore 12 ½     *     1   Jul   2002
        Heat exchangers 30     *#     1   Jul   2002
        Major carbon steel vessels 12 ½     *     1   Jul   2002
        Major stainless steel (or lined) vessels 30     *#     1   Jul   2002
        Offshore platforms:
            Generally (including accommodation modules, flare structures, helidecks, jackets, primary steel work and topsides secondary steel work) [26] 30     *#     1   Jul   2002
            Topsides tertiary steelwork (including handrails, ladders and stairs) 15     *     1   Jul   2002
        Piping 30     *#     1   Jul   2002
        Pumps:
            Circulation pump 12 ½     *     1   Jul   2002
            Generally 20     *#     1   Jul   2002
            Seawater lift pumps 15     *     1   Jul   2002
        Shutdown and fire/gas systems 15     *     1   Jul   2002
        Tempered water system assets:
            Chemical treatment assets 12 ½     *     1   Jul   2002
            Piping and vessels 30     *#     1   Jul   2002
        Utility air compressors 15     *     1   Jul   2002
    Coal seam gas extraction assets:
        Infield gathering systems used for gas and associated water (including polyethylene (PE) pipes and pumps) 20     *#     1   Jul   2016
        Water assets:
            Storage ponds and tanks for water and brine 30     *#     1   Jul   2016
            Treated water distribution assets 30     *#     1   Jul   2016
            Treated water irrigation assets - see Table A Agriculture, Forestry and Fishing (01110 to 05290), water assets
            Water treatment facility assets (including desalination plants, reverse osmosis, brine concentration and crystallisation assets) 20     *#     1   Jul   2016
        Well assets:
            Downhole equipment (including pumps, but excluding well casing) 5     *     1   Jul   2016
            Wellpad surface assets (including christmas trees, separators and telemetry equipment) 20     *#     1   Jul   2016
            Wells 20     *#     1   Jul   2016
    Control systems 10     *     1   Jul   2002
    Electricity generation assets - see Table A Electricity supply (26110 to 26400)
    Floating production storage and offloading (FPSO) vessels (incorporating mooring systems) 20     *#     1   Jul   2002
    Floating storage and offloading (FSO) vessels (incorporating mooring systems) 20     *#     1   Jul   2002
    Infield pipeline 30     *#     1   Jul   2002
    Instruments (including level, pressure and temperature indicators) 12 ½     *     1   Jul   2002
    Offshore bulk loading transfer systems 10     *     1   Jul   2002
    Subsea production assets (including control umbilical, flowline and manifold) 20     *#     1   Jul   2002
    Trunklines 30     *#     1   Jul   2002
    Valves 12 ½     *     1   Jul   2002
    Wells and downhole equipment 15     *     1   Jul   2002
    Wellheads and christmas trees 30     *#     1   Jul   2002
Oil production assets [27] :
    Central production facility assets (excluding FPSOs):
        Boilers 10     *     1   Jul   2002
        Circulation pumps 12 ½     *     1   Jul   2002
        Drill rigs 10     *     1   Jul   2002
        Flare tips 5     *     1   Jul   2002
        Gas compression and reinjection assets:
            Gas compressors used offshore 10     *     1   Jul   2002
            Gas turbine drivers used offshore 12 ½     *     1   Jul   2002
            Generally (including piping, skids, vessels and assets used onshore) 15     *     1   Jul   2002
            Power turbines used offshore 12 ½     *     1   Jul   2002
        Generally (including offshore platforms) 15     *     1   Jul   2002
        Major carbon steel vessels 12 ½     *     1   Jul   2002
        Pumps:
            Circulation pumps 12 ½     *     1   Jul   2002
            Other 15     *     1   Jul   2002
        Tempered water system assets:
            Chemical treatment assets 12 ½     *     1   Jul   2002
            Piping and vessels 15     *     1   Jul   2002
    Control systems 10     *     1   Jul   2002
    Electricity generation assets - see Table A Electricity supply (26110 to 26400)
    Floating production storage and offloading (FPSO) vessels (incorporating mooring system) 20     *#     1   Jul   2002
    Floating storage and offloading (FSO) vessels (incorporating mooring system) 20     *#     1   Jul   2002
    Infield pipelines 15     *     1   Jul   2002
    Instruments (including level, pressure and temperature indicators) 12 ½     *     1   Jul   2002
    Offshore bulk loading transfer systems 10     *     1   Jul   2002
    Subsea production assets (including control umbilical, flowline and manifold) 15     *     1   Jul   2002
    Trunklines 30     *#     1   Jul   2002
    Valves 12 ½     *     1   Jul   2002
    Wells and downhole equipment 10     *     1   Jul   2002
    Wellheads and christmas trees 15     *     1   Jul   2002
Port assets - see Table A Water transport and support services (48100 to 48200 and 52110 to 52190)
Iron ore mining
(08010)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Infrastructure support assets:
    Blowers, high pressure 15     *     1   Jan   2006
    Dust suppression/control equipment 15     *     1   Jan   2006
Materials handling assets:
    Feeders:
        Vibrating 10     *     1   Jan   2006
Mineral dressing assets:
    Cyclones, dense/heavy medium (unlined nihard) 1     *     1   Jan   2006
    Dense medium separation assets (including baths and drums) 20     *     1   Jan   2006
    Magnetic separation assets:
        LIMS (low intensity magnetic separators) 20     *     1   Jan   2006
        WHIMS (wet high intensity magnetic separators) 15     *     1   Jan   2006
    Screening assets 10     *     1   Jan   2006
Gold ore mining
(08040)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Gold ore processing assets:
    Adsorption process assets 15     *     1   Jul   2004
    Carbon regeneration kilns 12     *     1   Jul   2004
    Concentrators (including inline pressure jigs and mechanical concentrators) 10     *     1   Jul   2004
    Crushing assets:
        Cone/gyratory crushers 20     *     1   Jul   2004
        Hydraulic rock breakers 12     *     1   Jul   2004
        Jaw crushers 20     *     1   Jul   2004
    Electrowinning/electrorefining assets 17     *     1   Jul   2004
    Elution columns 12     *     1   Jul   2004
    Elution storage tanks 17     *     1   Jul   2004
    Laboratory assets:
        Atmospheric adsorption spectrometers 10     *     1   Jul   2004
        Generally (including drying ovens, pulverisers, crushers, gas fired ovens, fume cupboards) 15     *     1   Jul   2004
    Leaching process assets (including carbon in pulp and carbon in leach processes) 15     *     1   Jul   2004
    Shaking tables 12     *     1   Jul   2004
    Smelting furnaces 15     *     1   Jul   2004
    Thickening assets 20     *     1   Jul   2004
Mineral sand mining
(08050)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Aeration assets (including aerators, attritioners, blowers and turbine impeller agitated vessels) 20     *     1   Jan   2003
Classification and gravity separation assets (including centrifuges, cones, cyclones, screw classifiers, spirals and tables) 15     *     1   Jan   2003
Crushing assets (including drum scrubbers) 30     *     1   Jan   2003
Dredges 20     *     1   Jul   2009
Drying assets:
    Generally (including flash and fluid bed dryers and fluid bed heaters) 20     *     1   Jan   2003
    Rotary dryer kilns 30     *     1   Jan   2003
Dust management assets:
    Baghouse filters and extractors 30     *     1   Jan   2003
    Cyclones 15     *     1   Jan   2003
    Multiclones 20     *     1   Jan   2003
Electrostatic separation assets (including curve plates, electrostatic roll separators, high tension roll separators and screen plates) 20     *     1   Jan   2003
Filtration/dewatering assets (including candle filter presses, dewatering towers, horizontal belt filters and hydrocyclones) 15     *     1   Jan   2003
Magnetic separation assets (including belt and drum separators, electromagnetic separators, induced roll and rare earth magnetic separators and wet high intensity magnets) 20     *     1   Jan   2003
Materials handling assets (including bins, bucket and conveying elevators, conveyors, feeders, hoppers, loading systems, paddle mixers and tailings stackers) 30     *     1   Jan   2003
Screening assets (including screens and trommels) 15     *     1   Jan   2003
Support assets:
    Control systems 10     *     1   Jan   2003
    Pipes and pipelines (including valves and fittings):
        Generally 20     *     1   Jan   2003
        Slurry pipework within processing facility (including slurry pipe to thickener) 10     *     1   Jan   2006
    Pumps 20     *     1   Jan   2003
    Tanks:
        Constant density and thickening 20     *     1   Jan   2003
        Generally (including acid leaching and water) 15     *     1   Jan   2003
Thermal reduction assets (including cooler kilns, cooling towers, heat exchangers and reduction kilns) 30     *     1   Jan   2003
Waste gas handling assets:
    Afterburners 20     *     1   Jan   2003
    Cyclones 15     *     1   Jan   2003
    Electrostatic precipitators 30     *     1   Jan   2003
    Scrubbers and stacks 20     *     1   Jan   2003
Nickel ore mining
(08060)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Nickel ore processing assets:
    Mineral treatment structures (including structure holding walkways, supporting assets and thoroughfares) 20     *     1   Jul   2004
    Reagent pumps (including high pressure acid leach pumps) 5     *     1   Jul   2004
Construction material mining
(09110 to 09190)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Control systems (for conveying, crushing and screening assets) 10     *     1   Jul   2003
Conveyors:
    Gravity take-up 25     *     1   Jul   2003
    Screw take-up 15     *     1   Jul   2003
Crushers:
    Generally 20     *     1   Jul   2003
    Mobile (track or wheel mounted machinery including screening and conveying components) 15     *     1   Jul   2003
Cyclones 15     *     1   Jul   2003
Dredges 20     *     1   Jul   2009
Drill rigs 8     *     1   Jul   2003
Electrical switching assets 20     *     1   Jul   2003
Graders 15     *     1   Jul   2003
Heavy mobile quarry assets not specifically listed - see Table A Mining (06000 to 10900)
Hydraulic oversize rock breakers (mounted above primary crusher) 8     *     1   Jul   2003
Material handling assets (including chutes, feeders, hoppers, product bins and surge bins) 20     *     1   Jul   2003
Pug mills 15     *     1   Jul   2003
Screening assets 12     *     1   Jul   2003
Wheel loaders 10     *     1   Jul   2003
Wire saws 10     *     1   Jul   2003
Petroleum exploration services
(10112)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Exploration assets used offshore:
    Down hole geophysics units - skid mounted 10     *     1   Jan   2007
    Drill strings 3     *     1   Jan   2007
    Offshore drilling rigs (including blow out preventers, drilling fluid circulation systems, hoisting and rotary systems, platforms, rig powering and transmissions) 20     *     1   Jan   2007
Exploration assets used onshore:
    Down hole geophysics units - truck mounted 12     *     1   Jan   2007
    Drill strings 4     *     1   Jan   2007
    Onshore surface drilling rigs (including blow out preventers, derricks, drilling fluid circulation systems, hoisting and rotary systems, rig powering and transmissions) 15     *     1   Jan   2007
    Portable messing and sleeping huts 7     *     1   Jan   2007
Seismic survey assets:
    Airguns 5     *     1   Jan   2007
    Hydrophones 5     *     1   Jan   2007
Mineral exploration services
(10122)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Exploration assets:
    Drill rigs:
        Surface (including blow out preventers, drilling fluid circulation systems, hoisting and rotary systems, rig powering and transmission and trucks) 10     *     1   Jan   2007
        Underground 5     *     1   Jan   2007
    Geophysical survey assets:
        Airborne geophysical assets (including magnetometers, receivers and transmitters):
            Aircraft integrated 10     *     1   Jan   2007
            Aircraft demountable 8     *     1   Jan   2007
        Down hole geophysical assets (including acoustic televiewers, callipers, density tools, dipmeters, draw works, neutron probes, sonic probes, receiver/transmitter modules and sondes):
            Portable assets 5     *     1   Jan   2007
            Vehicle integrated assets 8     *     1   Jan   2007
        Ground geophysical assets (including gravity instruments, resistivity receivers and transmitters, scintillometers and spectrometers) 5     *     1   Jan   2007
        Portable ground geophysical assets (including electromagnetics, ground magnetics, ground penetrating radars and radiometrics) 5     *     1   Jan   2007
    Seismic survey assets:
        Cabling 3     *     1   Jan   2007
        Geophones 5     *     1   Jan   2007
        Global positioning systems 5     *     1   Jan   2007
        Processing systems 3     *     1   Jan   2007
        Recording systems 10     *     1   Jan   2007
        Total stations (including mechanical, manual, motorised, auto lock, robotic, universal and multi-stations) 5     *     1   Jul   2015
        Vibration source assets:
            Buggy mounted shear wave vibrators 10     *     1   Jan   2007
            Drilling rigs - shot hole 10     *     1   Jan   2007
            Ground impactors 4     *     1   Jan   2007
    Portable messing and sleeping huts 7     *     1   Jan   2007
Other mining support services
(10900)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Gas and oil mining support services (excluding offshore services):
    Cementing assets:
        Batch mixing assets:
            Batch mixing units (excluding batch mixing units incorporated with trailers) 8     *     1   Jul   2018
            Trailers (incorporating batch mixing unit and trailer) 10     *     1   Jul   2018
        Cement silos:
            Fixed steel 30     *     1   Jul   2018
            Mobile 10     *     1   Jul   2018
        Cement tankers (incorporating tank and trailer) - see Table B Motor vehicles and trailers, trailers having a gross vehicle mass greater than 4.5 tonnes
        Pumping units 10     *     1   Jul   2018
    Drilling assets:
        Bottom hole assemblies (including logging while drilling tools, measuring while drilling tools, motors and stabilisers) 5     *     1   Jul   2018
        Coil tubing assets:
            Pumping units 7     *     1   Jul   2018
            Reel and power units 10     *     1   Jul   2018
        Downhole fishing and remedial tools (including casing swages, junk magnets and milling tools) 5     *     1   Jul   2018
        Drill rigs 10     *     1   Jul   2018
        Drill strings 5     *     1   Jul   2018
        Fluid assets (including centrifuges, pumps and shear units) 10     *     1   Jul   2018
        Mobile fluid tanks 10     *     1   Jul   2018
        Well control equipment (including blow out preventers and choke manifolds) 5     *     1   Jul   2018
    Hydraulic fracturing assets:
        Blenders 8     *     1   Jul   2018
        Frac tanks 10     *     1   Jul   2018
        Pumps 8     *     1   Jul   2018
Mineral mining support services:
    Blasting assets:
        Augers 10     *     1 Jul 2017
        Blast hole pumps 7     *     1 Jul 2017
        Explosive boxes 5     *     1 Jul 2017
        Magazines 10     *     1 Jul 2017
        Mobile processing units (MPUs):
            Surface
                Motor vehicles - see Table B Motor vehicles and trailers
                MPUs 9     *     1 Jul 2017
            Underground MPUs (incorporating motor vehicle and MPU) 6     *     1 Jul 2017
        Remote control blasting units 5     *     1 Jul 2017
        Stemming buckets 7     *     1 Jul 2017
    Dewatering pumps 12     *     1 Jul 2017
    Surface drill rigs (production) 10     *     1 Jul 2017


View complete RulingView complete RulingBack to top