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 consolidated version of this ruling and amending notices.
    This document has been Withdrawn.
    View the Withdrawal notice for this document.
    This Ruling, which applies from 1 July 2018, replaces TR 2017/2 (see paragraph 5 of this Ruling for further details).
    This Ruling has been replaced by TR 2019/5 .

B

B
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Bending machines (bar, angle and rod) 10     *     1 Jul 2008
Block and brick elevators, portable 10     *     1 Jul 2008
Boilers 20     *     1 Jul 2005
Boom gates:
    Electromechanically operated boom gates 7     *     1 Jul 2013
    Hydraulically operated boom gates 10     *     1 Jul 2013


View complete RulingView complete RulingBack to top