Taxation Ruling
TR 2021/3
Income tax: effective life of depreciating assets (applicable from 1 July 2021)
-
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that the PDF version is the authorised consolidated version of this ruling and amending notices.This document has been Withdrawn.View the Withdrawal notice for this document.This Ruling, which applies from 1 July 2021, replaces TR 2020/3 (see paragraph 6 of this Ruling for further details).
Information media and telecommunications - (54110 to 60200)
|
INFORMATION MEDIA AND TELECOMMUNICATIONS
(54110 to 60200) |
|
Motion picture and video activities
(55110 to 55140) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Camera accessories: | |||
| Aspect ratio converters | 12 | * | 1 Jan 2006 |
| Digital or electronic time code slates | 5 | * | 1 Jan 2006 |
| Speed control, time lapse and phase adjustment controls | 10 | * | 1 Jan 2006 |
| Time code generators and master clocks | 10 | * | 1 Jan 2006 |
| Underwater and marine housings and rain deflectors | 12 | * | 1 Jan 2006 |
| Video assist systems (incorporating monitors, video recorder with playback, transmitters and receivers) | 3 | * | 1 Jan 2006 |
| Cameras: | |||
| 16mm and 35mm film cameras | 10 | * | 1 Jan 2006 |
| Digital cameras | 5 | * | 1 Jan 2006 |
| Camera lens accessories: | |||
| Coloured and graduated filters and filter stages | 3 | * | 1 Jan 2006 |
| Fish eye and wide angle lens adapters | 10 | * | 1 Jan 2006 |
| Follow focus, remote focus, shutter and zoom controls | 10 | * | 1 Jan 2006 |
| Image stabilisers, matte boxes, and teleprompters | 10 | * | 1 Jan 2006 |
| Camera lenses | 10 | * | 1 Jan 2006 |
| Camera supports (including heads, legs mounts and tripods) | 10 | * | 1 Jan 2006 |
| Copyright in a feature film (not including a licence relating to a copyright in a feature film) | 5 | * | 1 Jul 2004 |
| Grips' assets: | |||
| Camera cranes | 10 | * | 1 Jan 2006 |
| Camera heads | 10 | * | 1 Jan 2006 |
| Car rigs, sea rigs and other specialised rigs | 2 | * | 1 Jan 2006 |
| Communications systems | 5 | * | 1 Jan 2006 |
| Dollies | 12 | * | 1 Jan 2006 |
| Dolly and camera attachments | 10 | * | 1 Jan 2006 |
| Dolly track | 5 | * | 1 Jan 2006 |
| Remote camera control systems | 10 | * | 1 Jan 2006 |
| Towers, rigging, and dance floors | 10 | * | 1 Jan 2006 |
| Tracking vehicles and insert trailers - see Table B Motor vehicles and trailers | |||
| Lighting assets: | |||
| Accessories (including gaffer grips, clamps, mounts, and stands) | 10 | * | 1 Jan 2006 |
| Portable lights | 10 | * | 1 Jan 2006 |
| Studio lights - fixed | 15 | * | 1 Jan 2006 |
| Lighting control systems | 10 | * | 1 Jan 2006 |
| Lighting grids - fixed | 20 | * | 1 Jan 2006 |
| Lighting hoists | 15 | * | 1 Jan 2006 |
| Motion picture film processing assets: | |||
| Chemical agitators and mixers | 10 | * | 1 Jan 2006 |
| Chemical storage tanks | 15 | * | 1 Jan 2006 |
| Film cleaning machines | 10 | * | 1 Jan 2006 |
| Film colour analysers and colour grading machines | 8 | * | 1 Jan 2006 |
| Film densitometers | 10 | * | 1 Jan 2006 |
| Film printing machines | 10 | * | 1 Jan 2006 |
| Film processing machines | 10 | * | 1 Jan 2006 |
| Film re-winders | 15 | * | 1 Jan 2006 |
| Flat bed and rear projection film viewers | 15 | * | 1 Jan 2006 |
| Mixed chemical pumps | 10 | * | 1 Jan 2006 |
| Optical sound camera systems (incorporating soundtrack and time code generators) | 10 | * | 1 Jan 2006 |
| Silver recovery units | 8 | * | 1 Jan 2006 |
| Sound quality control processors | 5 | * | 1 Jan 2006 |
| Waste water treatment assets | 10 | * | 1 Jan 2006 |
| Post production sound assets: | |||
| Amplifiers and pre-amplifiers | 5 | * | 1 Jan 2006 |
| Audio effects units (incorporating aural exciters, compressors, delay and effects control processors graphic equalisers, harmonisers, limiters, noise reduction processors, reverberation processors, telephone simulators and time controllers) | 5 | * | 1 Jan 2006 |
| Digital audio players and recorders (including CD, DVD, digital audio tape (DAT), mini disc and hard disc players and recorders) | 3 | * | 1 Jan 2006 |
| Digital film projectors | 5 | * | 1 Jan 2006 |
| Digital sound conversion processors (including encoders and decoders) | 5 | * | 1 Jan 2006 |
| Hard disc video players and recorders | 3 | * | 1 Jan 2006 |
| Microphones and microphone accessories | 10 | * | 1 Jan 2006 |
| Motion picture film projectors | 10 | * | 1 Jan 2006 |
| Screens | 5 | * | 1 Jan 2006 |
| Sound mixing desks and consoles | 5 | * | 1 Jan 2006 |
| Speakers | 7 | * | 1 Jan 2006 |
| Time code synchronisation units | 5 | * | 1 Jan 2006 |
| Video routers and servers | 5 | * | 1 Jan 2006 |
| Post production video assets: | |||
| DVD players | 3 | * | 1 Jan 2006 |
| Edit controllers (used in linear editing) | 4 | * | 1 Jan 2006 |
| High definition digital film scanners | 4 | * | 1 Jan 2006 |
| High definition laser film recorders | 5 | * | 1 Jan 2006 |
| Monitors | 5 | * | 1 Jan 2006 |
| Motion capture and analysis systems | 5 | * | 1 Jan 2006 |
| Non-linear editing systems (incorporating computer control, interface and hard disc system) | 5 | * | 1 Jan 2006 |
| Telecine chains (incorporating colour correctors, film time code readers, grain and noise reduction systems and telecine machines) | 7 | * | 1 Jan 2006 |
| VHS video cassette players and recorders | 2 | * | 1 Jan 2006 |
| Video routers and servers | 5 | * | 1 Jan 2006 |
| Videotape players and recorders | 5 | * | 1 Jan 2006 |
| Screening theatre assets: | |||
| Audio amplification and processing equipment (includes component racks systems) | 5 | * | 1 Jan 2006 |
| Digital audio players, digital film projectors and digital sound conversion processors | 5 | * | 1 Jan 2006 |
| Motion picture film projectors | 10 | * | 1 Jan 2006 |
| Screens | 8 | * | 1 Jan 2006 |
| Speakers | 10 | * | 1 Jan 2006 |
| Sound recording assets: | |||
| Amplifiers and pre-amplifiers | 5 | * | 1 Jan 2006 |
| Sound mixing consoles | 5 | * | 1 Jan 2006 |
| Boom poles | 2 | * | 1 Jan 2006 |
| Compressors, expanders and limiters | 5 | * | 1 Jan 2006 |
| Digital audio players and recorders (including CD, DVD, digital audio tape (DAT), mini disc and hard disc players and recorders) | 2 | * | 1 Jan 2006 |
| Digital or electronic time code slates | 5 | * | 1 Jan 2006 |
| Headphones: | |||
| Generally | 2 | * | 1 Jan 2006 |
| Miniature in-ear headphones | 1 | * | 1 Jan 2006 |
| Microphones: | |||
| Field or boom microphones | 7 | * | 1 Jan 2006 |
| Lapel microphones | 1 | * | 1 Jan 2006 |
| Microphone accessories (including adapters, connectors, stands, suspension mounts, pistol grips, windscreens and windjammers) | 5 | * | 1 Jan 2006 |
| Microphone cables | 2 | * | 1 Jan 2006 |
| Radio microphone systems (incorporating antennas, miniature microphones, receivers and transmitters) | 5 | * | 1 Jan 2006 |
| Studio microphones | 10 | * | 1 Jan 2006 |
| Monitors | 2 | * | 1 Jan 2006 |
| Speakers | 5 | * | 1 Jan 2006 |
| Vision switchers | 5 | * | 1 Jan 2006 |
| Video monitors | 5 | * | 1 Jan 2006 |
|
Motion picture exhibition
(55130) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Audio amplification and processing equipment (including component rack systems) | 10 | * | 1 Jan 2001 |
| Carpets | 5 | * | 1 Jan 2001 |
| Cinema automation systems | 10 | * | 1 Jan 2001 |
| Cinema and sound processors | 8 | * | 1 Jan 2001 |
| Cinema seating (including frames, seat bodies and covers) | 7 | * | 1 Jan 2001 |
| Curtains, wall and acoustic treatments | 7 | * | 1 Jan 2001 |
| Drive-in plant: | |||
| Sound transmission equipment | 10 | * | 1 Jan 2001 |
| Listening units (including posts, wiring and speaker equipment) | 10 | * | 1 Jan 2001 |
| Screens and screen framing | 15 | * | 1 Jan 2001 |
| Film handling and maintenance equipment (including splicers, footage counters, spools and reels, stripper plates, rewinders, spinners, trolleys and cleaners) | 10 | * | 1 Jan 2001 |
| Film transport systems (including platter systems, tower, make-up tables and interlock systems) | 15 | * | 1 Jan 2001 |
| Lighting (including dimmers, aisle and seat) | 10 | * | 1 Jan 2001 |
| Loud speakers and sound reproduction equipment | 10 | * | 1 Jan 2001 |
| Motion picture and slide projection equipment: | |||
| Motion picture projectors | 10 | * | 1 Jan 2001 |
| Projector heat extraction systems | 10 | * | 1 Jan 2001 |
| Projection ports | 20 | * | 1 Jan 2001 |
| Slide projectors | 10 | * | 1 Jan 2001 |
| Screen installations (including screens, framing and masking equipment) | 8 | * | 1 Jan 2001 |
|
Radio broadcasting
(56100) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Amplifiers and pre-amplifiers | 10 | * | 1 Jul 2012 |
| Audio monitors | 10 | * | 1 Jul 2012 |
| Audio processing assets (including rack mounted effects units etc) | 10 | * | 1 Jul 2012 |
| Audio routers | 10 | * | 1 Jul 2012 |
| Automation systems (including broadcast playout automation systems, content creation systems, music scheduling systems and traffic and billing automation systems) | 6 | * | 1 Jul 2012 |
| Consoles: | |||
| Broadcast consoles (incorporating audio logging and routing, intercommunication etc) | 7 | * | 1 Jul 2012 |
| Production consoles | 10 | * | 1 Jul 2012 |
| Control room assets generally: | |||
| Electronically based assets (including audio processors, audio switchers, aural studio to transmitter linkage assets, distribution amplifiers, monitor receivers etc) | 10 | * | 1 Jul 2012 |
| Personal computer based assets (including delay units, logging units, program fail detectors, RDS generators etc) | 6 | * | 1 Jul 2012 |
| Digital audio players and recorders (including CD, DVD, mini disc, hard disc and solid state players and recorders) | 5 | * | 1 Jul 2012 |
| Headphones and headsets | 2 | * | 1 Jul 2012 |
| Intercommunication systems (standalone) | 10 | * | 1 Jul 2012 |
| Microphones: | |||
| Field and portable microphones | 5 | * | 1 Jul 2012 |
| Studio based microphones (including recording microphones) | 10 | * | 1 Jul 2012 |
| Microwave and satellite telecommunications assets - see Table A Telecommunications services (58010 to 58090) | |||
| Mobile production vehicles (excluding the assets contained within) - see Table B Motor vehicles and trailers | |||
| On air lights | 15 | * | 1 Jul 2012 |
| Racks | 20 | * | 1 Jul 2012 |
| Servers, domain controllers, switches, transcoders etc | 6 | * | 1 Jul 2012 |
| Studio based digital audio broadcasting infrastructure (encoding assets etc) | 10 | * | 1 Jul 2012 |
| Telephone systems: | |||
| Telephone interface assets generally (used for sending and receiving audio to and from connected telephone lines) | 10 | * | 1 Jul 2012 |
| Telephone screening systems and other personal computer based telephone systems (excluding software) | 6 | * | 1 Jul 2012 |
| Voice over internet protocol (VoIP) based systems | 7 | * | 1 Jul 2012 |
| Time code generators | 10 | * | 1 Jul 2012 |
| Transmission assets: | |||
| Antennas | 20 | * | 1 Jul 2012 |
| Codecs | 10 | * | 1 Jul 2012 |
| Fibre optic terminal equipment generally | 10 | * | 1 Jul 2012 |
| Generators (backup) | 15 | * | 1 Jul 2012 |
| Obstruction lighting | 15 | * | 1 Jul 2012 |
| Power conditioners | 15 | * | 1 Jul 2012 |
| RF switching units | 15 | * | 1 Jul 2012 |
| Signal receiving and monitoring assets (including audio processors, decoders, modulation monitors, spectrum analysers etc) | 10 | * | 1 Jul 2012 |
| Silence detection and switching units | 10 | * | 1 Jul 2012 |
| Surge arresters | 10 | * | 1 Jul 2012 |
| Translators | 15 | * | 1 Jul 2012 |
| Transmission towers | 40 | * | 1 Jul 2012 |
| Transmitters | 15 | * | 1 Jul 2012 |
| Uninterruptible power supply (UPS) assets - see Table B Power supply assets | |||
|
Television broadcasting
(56210 to 56220) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Audio boards, consoles and mixers | 12 | * | 1 Jul 2005 |
| Audio delay units | 10 | * | 1 Jul 2005 |
| Audio effects units (including compression units, delay units, graphic equalisers and reverberation units) | 12 | * | 1 Jul 2005 |
| Automated tape library systems (incorporating robotic controls and tape drives) | 10 | * | 1 Jul 2005 |
| Broadcast antennas | 20 | * | 1 Jul 2005 |
| Broadcast interfacing assets (including aspect ratio converters, distribution amplifiers, sync pulse generators, timecode generators and readers and other 'glue' assets) | 12 | * | 1 Jul 2005 |
| Cameras: | |||
| Portable cameras (including camcorders, electronic field production (EFP) and electronic news gathering (ENG) cameras) | 8 | * | 1 Jul 2005 |
| Studio cameras | 10 | * | 1 Jul 2005 |
| Camera control units | 10 | * | 1 Jul 2005 |
| Camera lens accessories (including adapters, filters, matte boxes and stabilisers) | 12 | * | 1 Jul 2005 |
| Camera lenses | 12 | * | 1 Jul 2005 |
| Camera mounting heads | 15 | * | 1 Jul 2005 |
| Camera mounts (including cranes, jibs, pedestals and tripods) | 25 | * | 1 Jul 2005 |
| Camera pan tilt and pedestal robotic systems (incorporating integrated hardware and control unit) | 12 | * | 1 Jul 2005 |
| Character and graphics generating assets - standalone (including character generators, paintboxes and stillstores) | 10 | * | 1 Jul 2005 |
| Digital audio players and recorders (including CD players and recorders, digital audio tape (DAT) players, DVD players and recorders, and mini disc players and recorders) | 5 | * | 1 Jul 2005 |
| Digital video effects (DVE) units - standalone | 10 | * | 1 Jul 2005 |
| Edit controllers (used in linear editing and audio post-production) | 8 | * | 1 Jul 2005 |
| Hard disk recorders | 5 | * | 1 Jul 2005 |
| Intercommunication systems | 15 | * | 1 Jul 2005 |
| Lighting: | |||
| Portable lighting | 12 | * | 1 Jul 2005 |
| Studio lighting | 15 | * | 1 Jul 2005 |
| Lighting control systems | 10 | * | 1 Jul 2005 |
| Lighting grids - fixed | 40 | * | 1 Jul 2005 |
| Lighting hoists | 15 | * | 1 Jul 2005 |
| Microphones: | |||
| Field or boom microphones | 5 | * | 1 Jul 2005 |
| Miniature or 'lapel' microphones | 5 | * | 1 Jul 2005 |
| Radio microphone systems (incorporating antennas, miniature microphones, receivers and transmitters) | 5 | * | 1 Jul 2005 |
| Studio or fixed microphones | 10 | * | 1 Jul 2005 |
| Microphone booms | 10 | * | 1 Jul 2005 |
| Microwave telecommunications assets - see Table A Telecommunications services (58010 to 58090) | |||
| Mobile production vehicles (excluding the assets contained within) - see Table B Motor vehicles and trailers | |||
| Monitors: | |||
| Audio monitors | 10 | * | 1 Jul 2005 |
| Video monitors: | |||
| Cathode ray tube (CRT) monitors | 8 | * | 1 Jul 2005 |
| LCD and Plasma monitors | 5 | * | 1 Jul 2005 |
| Virtual monitor wall systems (including rear projection monitor walls) | 5 | * | 1 Jul 2005 |
| Non-linear editing systems (incorporating computer control, interface and hard disk system) | 4 | * | 1 Jul 2005 |
| Presentation automation systems | 10 | * | 1 Jul 2005 |
| Racks | 20 | * | 1 Jul 2005 |
| RF Modulation units | 12 | * | 1 Jul 2005 |
| Routing systems (incorporating control panels, hardware and switchers) | 11 | * | 1 Jul 2005 |
| Satellite telecommunications assets - see Table A Telecommunications services (58010 to 58090) | |||
| Servers (excluding data servers) | 8 | * | 1 Jul 2005 |
| Signal measurement, monitoring and testing assets (including modulation monitors, RF analysers, test signal generators, vectorscopes and waveform monitors) | 12 | * | 1 Jul 2005 |
| Slow motion controllers | 10 | * | 1 Jul 2005 |
| Switchers (including master control, presentation and production switchers) | 10 | * | 1 Jul 2005 |
| Teleprompters | 10 | * | 1 Jul 2005 |
| Translators | 15 | * | 1 Jul 2005 |
| Transmission towers | 40 | * | 1 Jul 2005 |
| Transmitters | 15 | * | 1 Jul 2005 |
| Transmitting masts (for mobile production vehicles) | 10 | * | 1 Jul 2005 |
| Under monitor and tally display systems | 10 | * | 1 Jul 2005 |
| Videocassette recorders | 5 | * | 1 Jul 2005 |
| Videotape players and recorders | 8 | * | 1 Jul 2005 |
|
Internet publishing and broadcasting
(57000) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Internet only audio broadcasting assets - use any relevant determination in Table A Radio broadcasting (56100) | |||
|
Telecommunications services
(58010 to 58090) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Backbone network assets: | |||
| Conduits | 40 | * | 1 Jul 2003 |
| Cross connects (including digital and optical) | 15 | * | 1 Jul 2003 |
| Multiplexers (including wave division, terminal, and add-drop) | 15 | * | 1 Jul 2003 |
| Optical amplifiers | 15 | * | 1 Jul 2003 |
| Optical fibre cables | 25 | * | 1 Jul 2003 |
| Optical patch panels | 25 | * | 1 Jul 2003 |
| Regenerators | 15 | * | 1 Jul 2003 |
| International telecommunications submarine cables | 15 | * | 1 Jul 2002 |
| Microwave radio telecommunications assets: | |||
| Antennas (incorporating wave guide, pressurisation unit, dehydrator and data cable): | |||
| High capacity licensed microwave radio | 10 | * | 1 Jul 2004 |
| Medium capacity licensed microwave radio | 8 | * | 1 Jul 2004 |
| Low capacity licensed microwave radio | 5 | * | 1 Jul 2004 |
| Microwave radio system (including modulator, demodulator, receiver, transmitter, monitoring/supervisory system, RF filter): | |||
| High capacity licensed microwave radio system ≥ 68Mb | 10 | * | 1 Jul 2004 |
| Medium capacity licensed microwave radio system ≥ 16Mb to <68Mb | 8 | * | 1 Jul 2004 |
| Low capacity licensed microwave radio system < 16Mb | 5 | * | 1 Jul 2004 |
| Class licence microwave radio system (including antenna) | 3 | * | 1 Jul 2004 |
| Multiplexers | 10 | * | 1 Jul 2004 |
| Towers (including guyed, lattice and steel or concrete poles) | 25 | * | 1 Jul 2004 |
| Mobile telecommunications assets: | |||
| Base station assets: | |||
| Antennas, battery backup, radio transmitters/receivers and rectifiers | 6 | * | 1 Jul 2002 |
| Towers | 25 | * | 1 Jul 2002 |
| Base station controller hardware | 10 | * | 1 Jul 2002 |
| Microwave assets (including antennas, electronic multiplexers and transmitters/receivers) | 10 | * | 1 Jul 2002 |
| Mobile switching centre hardware | 10 | * | 1 Jul 2002 |
| Payphones (public telephones) | 10 | 1 Jan 2001 | |
| Satellite communication assets: | |||
| Communications satellites (geosynchronous orbit) | 15 | * | 1 Jan 2005 |
| High power amplifiers | 12 | * | 1 Jan 2005 |
| Multiplexers | 10 | * | 1 Jan 2005 |
| Satellite antennas: | |||
| Electronic components, external (including low noise amplifiers) | 8 | * | 1 Jan 2005 |
| Non-tracking antenna systems (incorporating data cables, dehydrators, pressurisation units, and wave guides) | 8 | * | 1 Jan 2005 |
| Tracking antenna systems (incorporating antenna tracking motors, controllers, data cables, dehydrators, gearboxes, pressurisation units and wave guides) | 20 | * | 1 Jan 2005 |
| Satellite earth station electronic assets (including bandwidth managers, decoders, demodulators downconverters, encoders, filters, modulators, receivers, transmitters and upconverters) | 10 | * | 1 Jan 2005 |
| Satellite telemetry and control systems | 15 | * | 1 Jan 2005 |
| Telecommunications assets: | |||
| Air-conditioning units | 5 | * | 1 Jul 2002 |
| Batteries, rectifiers | 6 | * | 1 Jul 2002 |
| Racks | 20 | * | 1 Jul 2003 |
| Equipment shelters (transportable) | 25 | * | 1 Jul 2003 |
|
Electronic information storage services
(59220) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Aisle containments (including hot aisle containments (HAC), cold aisle containments (CAC)) | 15 | * | 1 Jul 2017 |
| Data centre control systems - see Table B control systems and control system assets | |||
| Data centre cooling assets: | |||
| Chillers | 15 | * | 1 Jul 2017 |
| Computer room air conditioning (CRAC) units (including direct expansion (DX) systems) | 10 | * | 1 Jul 2017 |
| Computer room air handling (CRAH) units (including chilled water systems) | 15 | * | 1 Jul 2017 |
| Cooling towers | 10 | * | 1 Jul 2017 |
| Humidifier assets: | |||
| Others (including ultrasonic humidifiers) | 10 | * | 1 Jul 2017 |
| Steam humidifiers (including steam generators) | 5 | * | 1 Jul 2017 |
| Rear door heat exchangers (RDHx) | 15 | * | 1 Jul 2017 |
| Row-based cooling units assets: | |||
| Others (including direct expansion (DX) cooling system units) | 10 | * | 1 Jul 2017 |
| Water-chilled | 15 | * | 1 Jul 2017 |
| Water buffer tanks | 20 | * | 1 Jul 2017 |
| Diesel rotary uninterruptible power supply (DRUPS) | 22 | * | 1 Jul 2017 |
| Fire protection and suppression systems assets - see Table B Fire control and alarm assets | |||
| Generators - see Table B Power supply assets: Emergency or standby | |||
| Leak detection systems | 10 | * | 1 Jul 2017 |
| Load banks | 15 | * | 1 Jul 2017 |
| Modular data centre (including portable containerised data centre modules, prefabricated data centre modules - able to be transported) | 10 | * | 1 Jul 2017 |
| Rack based power rails (including rack based power distribution unit (PDU)) | 10 | * | 1 Jul 2017 |
| Racks | 10 | * | 1 Jul 2017 |
| Raised floors | 25 | * | 1 Jul 2017 |
| Rectifiers | 12 | * | 1 Jul 2017 |
| Static transfer switches (STS) | 12 | * | 1 Jul 2017 |
| Switchboards - see Table B Switchboards | |||
| Security and monitoring systems assets - see Table B Security and monitoring assets | |||
| Uninterruptible power supply (UPS) systems (excluding batteries) | 12 | * | 1 Jul 2017 |
| Uninterruptible power supply (UPS) systems batteries | 5 | * | 1 Jul 2017 |
|
Library and other information services
(60100 to 60200) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Libraries: | |||
| Circulating (all classes of books) | 10 | 1 Jan 2001 | |
| Music lending | 6 ⅔ | 1 Jan 2001 | |
Not issued as a draft
References
ATO references:
NO 1-P4Z8VU5
Previous Rulings/Determinations:
TR 2015/2
TR 2016/1
TR 2017/2
TR 2018/4
TR 2019/5
TR 2020/3
ISSN: 2205-6122
Subject References:
depreciation
depreciation rate
effective life
Legislative References:
ITAA 1997
ITAA 1997 Div 40
ITAA 1997 40-25
ITAA 1997 40-70(1)
ITAA 1997 40-72(1)
ITAA 1997 40-75(1)
ITAA 1997 40-95
ITAA 1997 40-95(4)
ITAA 1997 40-95(5)
ITAA 1997 40-95(7)
ITAA 1997 40-100
ITAA 1997 40-100(5)
ITAA 1997 40-100(6)(b)
ITAA 1997 40-102
ITAA 1997 40-102(4)
ITAA 1997 40-102(4A)
ITAA 1997 40-105
ITAA 1997 40-110
ITAA 1997 40-345(2)
IT(TP)A 1997 Subdiv 40-BB
TAA 1953
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2021