Taxation Ruling
TR 2022/1
Income tax: effective life of depreciating assets (applicable from 1 July 2022)
-
Please note that the PDF version is the authorised version of this ruling.This Ruling, which applies from 1 July 2022, replaces TR 2021/3 (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 | |
References
ATO references:
NO 1-SY3H7A0
Previous Rulings/Determinations:
TR 2017/2
TR 2018/4
TR 2019/5
TR 2020/3
TR 2021/3
ISSN: 2205-6122
Subject References:
depreciation
depreciation rate
effective life
Legislative References:
ITAA 1997 Div 40
ITAA 1997 40-25
ITAA 1997 40-25(7)
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 40-102(5)
ITAA 1997 40-105
ITAA 1997 40-110
ITAA 1997 40-345(2)
IT(TP)A 1997 Subdiv 40-BB
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2022