Taxation Ruling
TR 2022/1
Income tax: effective life of depreciating assets (applicable from 1 July 2022)
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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).
Professional, scientific and technical services - (69100 to 70000)
|
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES
(69100 to 70000) |
|
Scientific research services
(69100) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Scientific, medical and pharmaceutical research assets: | |||
| Autoclaves: | |||
| Bench top autoclaves | 5 | * | 1 Jul 2014 |
| Others | 10 | * | 1 Jul 2014 |
| Automated cell counters | 5 | * | 1 Jul 2014 |
| Automated colony pickers | 5 | * | 1 Jul 2014 |
| Balances | 10 | * | 1 Jul 2014 |
| Biological safety cabinets | 10 | * | 1 Jul 2014 |
| Cell harvesters | 10 | * | 1 Jul 2014 |
| Centrifuges: | |||
| Bench top centrifuges | 5 | * | 1 Jul 2014 |
| Others | 10 | * | 1 Jul 2014 |
| Computed tomography (CT) scanners | 10 | * | 1 Jul 2014 |
| Digital cameras | 3 | * | 1 Jul 2014 |
| DNA sequencers | 5 | * | 1 Jul 2014 |
| Electrophoresis systems (incorporating power supplies and tanks) | 7 | * | 1 Jul 2014 |
| Electroporators | 8 | * | 1 Jul 2014 |
| Fermenters | 10 | * | 1 Jul 2014 |
| Flow cytometers | 8 | * | 1 Jul 2014 |
| Freeze dryers | 10 | * | 1 Jul 2014 |
| Freezers | 10 | * | 1 Jul 2014 |
| Gel documentation systems | 5 | * | 1 Jul 2014 |
| Glassware washers | 8 | * | 1 Jul 2014 |
| Heating blocks | 10 | * | 1 Jul 2014 |
| Homogenisers | 7 | * | 1 Jul 2014 |
| Incubators | 6 | * | 1 Jul 2014 |
| Liquid chromatography systems | 5 | * | 1 Jul 2014 |
| Liquid nitrogen assets (including dewars and tanks) | 10 | * | 1 Jul 2014 |
| Microscopes | 10 | * | 1 Jul 2014 |
| Microtomes | 10 | * | 1 Jul 2014 |
| Mixers | 7 | * | 1 Jul 2014 |
| Nano spectrophotometers | 8 | * | 1 Jul 2014 |
| Ovens | 6 | * | 1 Jul 2014 |
| Peristaltic pumps | 7 | * | 1 Jul 2014 |
| pH meters | 7 | * | 1 Jul 2014 |
| Plate readers | 5 | * | 1 Jul 2014 |
| Polymerase chain reaction (PCR) thermal cyclers | 8 | * | 1 Jul 2014 |
| Real-time PCR detection machines | 5 | * | 1 Jul 2014 |
| Refrigerators | 8 | * | 1 Jul 2014 |
| Robotic systems (including robotic liquid handling systems and robotic sampler systems) | 5 | * | 1 Jul 2014 |
| Shakers | 7 | * | 1 Jul 2014 |
| Sonicators (including water bath sonicators and sonicators with probes) | 7 | * | 1 Jul 2014 |
| Spectrophotometers (excluding nano spectrophotometers) | 10 | * | 1 Jul 2014 |
| Surface plasmon resonance (SPR) machines | 5 | * | 1 Jul 2014 |
| Vacuum concentrators | 7 | * | 1 Jul 2014 |
| Water baths (including refrigerated and shaking water baths) | 7 | * | 1 Jul 2014 |
| Water purification systems | 8 | * | 1 Jul 2014 |
|
Surveying and mapping services
(69220) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Airborne imaging (cameras) | 7 | * | 1 Jul 2015 |
| Automatic optical levels (dumpy levels) | 7 | * | 1 Jul 2015 |
| Controllers | 4 | * | 1 Jul 2015 |
| Digital (electronic) levels | 5 | * | 1 Jul 2015 |
| Echo sounders | 5 | * | 1 Jul 2015 |
| GNSS/GIS handhelds (asset receivers) | 3 | * | 1 Jul 2015 |
| GNSS/GPS survey equipment (including receivers, reference/base stations, rover receivers, data radios, antennas and integrated GNSS) | 5 | * | 1 Jul 2015 |
| Ground imaging (pole cameras) | 5 | * | 1 Jul 2015 |
| Laser detectors/receivers (rod-eye receivers) | 4 | * | 1 Jul 2015 |
| Laser distance measurers/meters (DISTOs) | 4 | * | 1 Jul 2015 |
| Laser levels: | |||
| Grade laying (dial-in grade) | 6 | * | 1 Jul 2015 |
| Laser plummets | 5 | * | 1 Jul 2015 |
| Line and plumb/point and cross line | 4 | * | 1 Jul 2015 |
| Pipe laying | 6 | * | 1 Jul 2015 |
| Rotating | 6 | * | 1 Jul 2015 |
| Tunnelling and plumbing | 6 | * | 1 Jul 2015 |
| Laser scanners - 3D (high definition surveying) - ground LIDAR | 5 | * | 1 Jul 2015 |
| Laser scanners - vehicle mounted - ground LIDAR | 5 | * | 1 Jul 2015 |
| LIDAR (airborne) | 7 | * | 1 Jul 2015 |
| Rail surveying assets: | |||
| Mobile rail surveying equipment | 5 | * | 1 Jul 2015 |
| Platform clearance gauges | 6 | * | 1 Jul 2015 |
| Rail profile gauges | 6 | * | 1 Jul 2015 |
| Stereoplotters - digital/softcopy (hardware only) | 10 | * | 1 Jul 2015 |
| Tablets | 4 | * | 1 Jul 2015 |
| Theodolites (digital) | 7 | * | 1 Jul 2015 |
| Total stations (including mechanical, manual, motorised, auto lock, robotic, universal and multi-stations) | 5 | * | 1 Jul 2015 |
| Traverse kits (incorporating tripods, tribrachs, prisms, poles and optical plummets) | 5 | * | 1 Jul 2015 |
| Unmanned aerial vehicles (drones/remotely piloted aircraft): | |||
| Fixed wing | 3 | * | 1 Jul 2015 |
| Rotary wing | 2 | * | 1 Jul 2015 |
| Unmanned surface vehicles | 4 | * | 1 Jul 2015 |
| Utility locator (underground service locator) assets: | |||
| Ground penetrating radars (GPRs) | 5 | * | 1 Jul 2015 |
| Magnetic locators | 5 | * | 1 Jul 2015 |
| Service locators | 5 | * | 1 Jul 2015 |
| Signal generators | 5 | * | 1 Jul 2015 |
| Signal tracer for locators | 4 | * | 1 Jul 2015 |
|
Scientific testing and analysis services
(69250) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Coal laboratory assets: | |||
| Sample preparation assets: | |||
| Drop shatters | 20 | * | 1 Jul 2018 |
| Drum tumblers | 15 | * | 1 Jul 2018 |
| Drying ovens: | |||
| Benchtop | 7 | * | 1 Jul 2018 |
| Others (including floor size with trolleys) | 15 | * | 1 Jul 2018 |
| Dust extraction systems | 15 | * | 1 Jul 2018 |
| Float-sink buckets | 8 | * | 1 Jul 2018 |
| Float-sink testing units (incorporating ventilation ducting, fans, density separation apparatus etc, but excluding float-sink buckets) | 15 | * | 1 Jul 2018 |
| Flotation machines (including froth rotation machines) | 20 | * | 1 Jul 2018 |
| Jaw crushers | 10 | * | 1 Jul 2018 |
| Pulverisers | 10 | * | 1 Jul 2018 |
| Riffle splitters | 10 | * | 1 Jul 2018 |
| Rotary Sample Dividers (RSDs) | 15 | * | 1 Jul 2018 |
| Sample storage assets: | |||
| Cool room assets - see Table B Refrigeration assets | |||
| Portable refrigerators/freezers | 10 | * | 1 Jul 2018 |
| Sample trays | 5 | * | 1 Jul 2018 |
| Sample trolleys | 10 | * | 1 Jul 2018 |
| Sieve shakers (excluding sieves) | 10 | * | 1 Jul 2018 |
| Sieves (including various meshes and sizes) | 7 | * | 1 Jul 2018 |
| Weighing scales | 10 | * | 1 Jul 2018 |
| Laboratory analytical equipment and instruments: | |||
| Analytical balances | 7 | * | 1 Jul 2018 |
| Calorimeters | 10 | * | 1 Jul 2018 |
| Carbon and sulphur analysers | 7 | * | 1 Jul 2018 |
| CHN analysers (including carbon, hydrogen and nitrogen) | 7 | * | 1 Jul 2018 |
| Coal ash fusibility furnaces | 10 | * | 1 Jul 2018 |
| Crucible Swell Number (CSN) burners | 10 | * | 1 Jul 2018 |
| Dilatometers | 9 | * | 1 Jul 2018 |
| Fume cabinets | 15 | * | 1 Jul 2018 |
| Moisture testing ovens (including nitrogen setup apparatus) | 10 | * | 1 Jul 2018 |
| Muffle furnaces | 15 | * | 1 Jul 2018 |
| Particle size analysers | 10 | * | 1 Jul 2018 |
| Petrographic microscopes | 10 | * | 1 Jul 2018 |
| Plastometers | 9 | * | 1 Jul 2018 |
| Water baths (including ultrasonic water baths) | 7 | * | 1 Jul 2018 |
| X-Ray Fluorescence (XRF) and X-Ray Diffraction (XRD) | 7 | * | 1 Jul 2018 |
| Mineral processing and metallurgical laboratory assets: | |||
| Sample preparation assets: | |||
| Benchtop (including work benches and tables) | 10 | * | 1 Jul 2019 |
| Centrifugal concentrators | 15 | * | 1 Jul 2019 |
| Cone crushers | 20 | * | 1 Jul 2019 |
| Drying ovens: | |||
| Benchtop | 7 | * | 1 Jul 2019 |
| Others (including floor size with trolleys) | 10 | * | 1 Jul 2019 |
| Dust cabinet (including extracted workstations) | 20 | * | 1 Jul 2019 |
| Dust extraction systems | 15 | * | 1 Jul 2019 |
| Flotation machines (including froth rotation machines) | 20 | * | 1 Jul 2019 |
| Gravity separation assets (including centrifuges and cyclones) | 10 | * | 1 Jul 2019 |
| Grinding mills | 12 | * | 1 Jul 2019 |
| Jaw crushers | 10 | * | 1 Jul 2019 |
| Laboratory tumblers (including cyanide leach test tumblers) | 10 | * | 1 Jul 2019 |
| Micro dosing peristaltic pumps | 7 | * | 1 Jul 2019 |
| Overhead tank mixers | 5 | * | 1 Jul 2019 |
| pH control systems | 15 | * | 1 Jul 2019 |
| Pressure filters | 8 | * | 1 Jul 2019 |
| Pulverisers | 10 | * | 1 Jul 2019 |
| Riffle splitters | 10 | * | 1 Jul 2019 |
| Rotary Sample Dividers (RSDs) | 10 | * | 1 Jul 2019 |
| Sample storage assets: | |||
| Cool room assets - See Table B under 'Refrigeration' | |||
| Portable refrigerators/freezers | 8 | * | 1 Jul 2019 |
| Sample trays | 3 | * | 1 Jul 2019 |
| Sample trolleys | 7 | * | 1 Jul 2019 |
| Scrubbers | 15 | * | 1 Jul 2019 |
| Shaking tables (including wet tables) | 20 | * | 1 Jul 2019 |
| Sieve shakers (excluding sieves) | 10 | * | 1 Jul 2019 |
| Sieves (including various meshes and sizes) | 3 | * | 1 Jul 2019 |
| Solvent extraction & electrowinning equipment | 15 | * | 1 Jul 2019 |
| Vacuum filters | 7 | * | 1 Jul 2019 |
| Water purification systems | 15 | * | 1 Jul 2019 |
| Weighing scales | 7 | * | 1 Jul 2019 |
| Laboratory analytical equipment and instruments: | |||
| Analytical balances | 7 | * | 1 Jul 2019 |
| Atomic Absorption Spectroscopy (AAS) instruments | 10 | * | 1 Jul 2019 |
| Auto dilutors | 7 | * | 1 Jul 2019 |
| Auto titration instruments | 7 | * | 1 Jul 2019 |
| Carbon and sulphur analysers | 7 | * | 1 Jul 2019 |
| Cupellation furnaces | 10 | * | 1 Jul 2019 |
| Fume cabinets | 15 | * | 1 Jul 2019 |
| Fusion furnaces | 10 | * | 1 Jul 2019 |
| Fourier Transform Infrared (FTIR) spectroscopy | 7 | * | 1 Jul 2019 |
| Hot blocks | 7 | * | 1 Jul 2019 |
| Hotplate magnetic stirrers | 10 | * | 1 Jul 2019 |
| Incubators | 7 | * | 1 Jul 2019 |
| Inductively coupled plasma mass spectrometry (ICP-MS), and Inductively coupled plasmas optical emission spectroscopy (ICP-OES) | 10 | * | 1 Jul 2019 |
| Ion Chromatography (IC) equipment | 15 | * | 1 Jul 2019 |
| Muffle furnaces | 12 | * | 1 Jul 2019 |
| Overhead stirrers | 8 | * | 1 Jul 2019 |
| Particle size analysers | 10 | * | 1 Jul 2019 |
| Petrographic microscopes | 10 | * | 1 Jul 2019 |
| Robotic cells (including robotic fusion cells, robotic preparations cells) | 10 | * | 1 Jul 2019 |
| Robotic TGA cells | 7 | * | 1 Jul 2019 |
| Thermogravimetric Analysers (TGAs) | 7 | * | 1 Jul 2019 |
| Water baths | 5 | * | 1 Jul 2019 |
| X-Ray Fluorescence (XRF) and X-Ray Diffraction (XRD) | 7 | * | 1 Jul 2019 |
|
Advertising services
(69400) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Advertising signs - see Table B Advertising signs | |||
|
Veterinary services
(69700) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Veterinarians' assets: | |||
| Anaesthesia machines | 10 | * | 1 Jan 2004 |
| Animal blow dryers | 5 | * | 1 Jan 2004 |
| Animal cages: | |||
| Fibreglass, plastic and polyethylene (PE) cages | 10 | * | 1 Jan 2004 |
| Stainless steel cages | 20 | * | 1 Jan 2004 |
| Animal patient monitoring assets (including blood pressure monitors, carbon dioxide (C0 2 ) end-tidal monitors, ECGs and pulse oximeters) | 7 | * | 1 Jan 2004 |
| Animal scales | 7 | * | 1 Jan 2004 |
| Dental assets: | |||
| Dental units | 10 | * | 1 Jan 2004 |
| Ultrasonic scalers (standalone) | 10 | * | 1 Jan 2004 |
| Diagnostic assets (including ophthalmoscope, otoscope, handles and power supply) | 10 | * | 1 Jan 2004 |
| Electrocautery units | 10 | * | 1 Jan 2004 |
| Electroejaculators | 6 | * | 1 Jan 2004 |
| Hydrobaths | 8 | * | 1 Jan 2004 |
| Pathology assets: | |||
| Centrifuges | 5 | * | 1 Jan 2004 |
| Laboratory analysers: | |||
| Electrolyte analysers | 4 | * | 1 Jan 2004 |
| Generally | 5 | * | 1 Jan 2004 |
| Microscopes | 10 | * | 1 Jan 2004 |
| Surgery lights | 10 | * | 1 Jan 2004 |
| Tables and tubs | 20 | * | 1 Jan 2004 |
| Ultrasound systems (incorporating scanner, transducers, integrated computer and integrated software) | 5 | * | 1 Jan 2004 |
| X-ray assets (excluding direct radiography assets): | |||
| Mobile or portable x-ray units | 10 | * | 1 Jan 2004 |
| X-ray processors - automatic | 10 | * | 1 Jan 2004 |
|
Professional photographic services
(69910) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Audio assets (including microphones, preamplifiers, sound recording devices, transmitters and receivers) | 3 | * | 1 Jul 2015 |
| Camera lenses | 5 | * | 1 Jul 2015 |
| Digital cameras: | |||
| Compact cameras (including point and shoot cameras) | 3 | * | 1 Jul 2015 |
| Compact system cameras (including bridge cameras, micro four-thirds cameras, mirrorless cameras) | 3 | * | 1 Jul 2015 |
| Medium format single lens reflex (SLR) camera systems (including camera bodies and digital backs) | 4 | * | 1 Jul 2015 |
| SLR cameras (including full-frame SLR cameras) | 3 | * | 1 Jul 2015 |
| Lighting assets: | |||
| Electronic flash units (including compact flash heads, monolights): | |||
| Portable | 3 | * | 1 Jul 2015 |
| Studio lightings | 5 | * | 1 Jul 2015 |
| Light meters | 5 | * | 1 Jul 2015 |
| Light shaping tools (including modelling glass protectors, reflectors and scrims, softboxes and umbrellas) | 3 | * | 1 Jul 2015 |
| Portable flash units (including flashguns) | 2 | * | 1 Jul 2015 |
| Power packs (including battery packs and compact flash generators) | 4 | * | 1 Jul 2015 |
| Support assets: | |||
| Backdrop support systems (including background elevation systems) | 10 | * | 1 Jul 2015 |
| Bags and cases | 5 | * | 1 Jul 2015 |
| Camera track sliders | 2 | * | 1 Jul 2015 |
| Light stands (including boom arms) | 5 | * | 1 Jul 2015 |
| Photographic printers/plotters | 4 | * | 1 Jul 2015 |
| Tent and shooting tables | 2 | * | 1 Jul 2015 |
| Tripods | 5 | * | 1 Jul 2015 |
| Unmanned aerial vehicles (drones/remotely piloted aircraft) - rotary | 2 | * | 1 Jul 2015 |
| Wind machines | 5 | * | 1 Jul 2015 |
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