Taxation Ruling
TR 2014/4
TR 2014/4 - Income tax: effective life of depreciating assets (applicable from 1 July 2014)
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Please note that the PDF version is the authorised consolidated version of this ruling and amending notices.This Ruling, which applies from 1 July 2014, replaces TR 2013/4 (see paragraph 5 of this Ruling for further details).This document incorporates revisions made since original publication. View its history and amending notices, if applicable.
TR 2014/4 - Effective lives (Industry Categories)
Table A as at 1 July 2014 - ELECTRICITY, GAS, WATER AND WASTE SERVICES
|
ELECTRICITY, GAS, WATER AND WASTE SERVICES
( 26110 to 29220 ) |
|||
|
Electricity supply
( 26110 to 26400 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Electricity distribution: | |||
| Control, monitoring, communications and protection systems | 10 | * | 1 Jan 2002 |
| Customer meters (incorporating load and time switches if fitted) | 25 | * | 1 Jan 2002 |
| Customer service mains or cable, above ground | 40 | * | 1 Jan 2002 |
| Customer service mains or cable, underground | 50 | * | 1 Jan 2002 |
| Distribution lines: | |||
| Above ground (incorporating conductors; cross arms, insulators and fittings; poles concrete, wood, steel or stobie; and transformers pole or ground pad mounted) | 45 | * | 1 Jan 2002 |
| Combination of above ground and underground | 47 ½ | * | 1 Jan 2002 |
| Underground (incorporating cables, fittings and ground pad mounted transformers) | 50 | * | 1 Jan 2002 |
| Distribution substations/transformers, pole or ground pad mounted | 40 | * | 1 Jan 2002 |
| Distribution zone substations (excluding control, monitoring, communications and protection systems) | 40 | * | 1 Jan 2002 |
| Nightwatchman's lights | 15 | * | 1 Jan 2002 |
| Street lights | 15 | * | 1 Jan 2002 |
| Electricity generation: | |||
| Ash and dust handling and disposal: | |||
| Ash dams | 20 | * | 1 Jan 2002 |
| Ash slurry system | 15 | * | 1 Jan 2002 |
| Conveyors | 30 | * | 1 Jan 2002 |
| Crushers | 15 | * | 1 Jan 2002 |
| On-site storage silos, concrete or steel | 30 | * | 1 Jan 2002 |
| Fuel supply and handling: | |||
| On-site gaseous fuel supply system (incorporating downstream delivery pipelines) | 30 | * | 1 Jan 2002 |
| On-site liquid fuel supply system (incorporating ownstream delivery pipelines) | 30 | * | 1 Jan 2002 |
| Solid fuels: | |||
| Coal handling assets (including conveyors, slot bunker, transfer towers, and weighers) | 30 | * | 1 Jan 2002 |
| Day bunkers and silos, concrete or steel (incorporating top side conveyor system) | 30 | * | 1 Jan 2002 |
| On-site coal storage assets (including stacking and reclaiming assets) | 30 | * | 1 Jan 2002 |
| On-site storage silos, concrete or steel | 30 | * | 1 Jan 2002 |
| Quality control assets (including coal sampling assets and secondary crushers) | 30 | * | 1 Jan 2002 |
| Power generators: | |||
| Co-generation: | |||
| Condensing and feed heating assets | 30 | * | 1 Jan 2002 |
| Control and monitoring system | 15 | * | 1 Jan 2002 |
| Emergency power supply assets (including batteries and uninterruptible power supply assets) | 15 | * | 1 Jan 2002 |
| Gas turbine generators | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Heat recovery steam generator | 30 | * | 1 Jan 2002 |
| Miscellaneous assets | 30 | * | 1 Jan 2002 |
| On-site switchyard with conventional outdoor switchgear | 30 | * | 1 Jan 2002 |
| On-site switchyard with gas insulated switchgear | 30 | * | 1 Jan 2002 |
| Reciprocating engine, diesel fired | 20 | * | 1 Jan 2002 |
| Reciprocating engine, gas spark ignition | 20 | * | 1 Jan 2002 |
| Station and auxiliary electrical systems within the power station | 30 | * | 1 Jan 2002 |
| Steam turbine generator | 30 | * | 1 Jan 2002 |
| Combined cycle: | * | 1 Jan 2002 | |
| Condensing and feed heating assets | 30 | * | 1 Jan 2002 |
| Control and monitoring system | 15 | * | 1 Jan 2002 |
| Emergency power supply assets (including batteries and uninterruptible power supply assets) | 15 | * | 1 Jan 2002 |
| Gas turbine generators | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Heat recovery steam generator | 30 | * | 1 Jan 2002 |
| Miscellaneous assets | 30 | * | 1 Jan 2002 |
| On-site switchyard with conventional outdoor switchgear | 30 | * | 1 Jan 2002 |
| On-site switchyard with gas insulated switchgear | 30 | * | 1 Jan 2002 |
| Station and auxiliary electrical systems within the power station | 30 | * | 1 Jan 2002 |
| Steam turbine generator | 30 | * | 1 Jan 2002 |
| Diesel or gas engine: | |||
| Control and monitoring system | 15 | * | 1 Jan 2002 |
| Diesel reciprocating engine | 20 | * | 1 Jan 2002 |
| Emergency power supply assets (including batteries and uninterruptible power supply assets) | 15 | * | 1 Jan 2002 |
| Gas spark ignition reciprocating engine | 20 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Miscellaneous assets | 30 | * | 1 Jan 2002 |
| On-site switchyard with conventional outdoor switchgear | 30 | * | 1 Jan 2002 |
| On-site switchyard with gas insulated switchgear | 30 | * | 1 Jan 2002 |
| Station and auxiliary electrical systems within the power station | 30 | * | 1 Jan 2002 |
| Gas turbine: | |||
| Control and monitoring system | 15 | * | 1 Jan 2002 |
| Emergency power supply assets (including batteries and uninterruptible power supply assets) | 15 | * | 1 Jan 2002 |
| Gas turbine generators | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Miscellaneous assets | 30 | * | 1 Jan 2002 |
| On-site switchyard with conventional outdoor switchgear | 30 | * | 1 Jan 2002 |
| On-site switchyard with gas insulated switchgear | 30 | * | 1 Jan 2002 |
| Station and auxiliary electrical systems within the power station | 30 | * | 1 Jan 2002 |
| Hydro-electric: | |||
| Control and monitoring system | 15 | * | 1 Jan 2002 |
| Emergency power supply assets (including batteries and uninterruptible power supply assets) | 15 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Hydro turbines and generators | 40 | * | 1 Jan 2002 |
| Miscellaneous assets | 40 | * | 1 Jan 2002 |
| On-site switchyard with conventional outdoor switchgear | 40 | * | 1 Jan 2002 |
| On-site switchyard with gas insulated switchgear | 35 | * | 1 Jan 2002 |
| Station and auxiliary electrical systems within the power station | 40 | * | 1 Jan 2002 |
| Solar: | |||
| Photovoltaic electricity generating system assets (incorporating photovoltaic panels, mounting frames and inverters) | 20 | * | 1 Jul 2011 |
| Thermal: | |||
| Condensing and feed heating assets | 30 | * | 1 Jan 2002 |
| Control and monitoring system | 15 | * | 1 Jan 2002 |
| Emergency power supply assets (including batteries and uninterruptible power supply assets) | 15 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Miscellaneous assets | 30 | * | 1 Jan 2002 |
| On-site switchyard with conventional outdoor switchgear | 30 | * | 1 Jan 2002 |
| On-site switchyard with gas insulated switchgear | 30 | * | 1 Jan 2002 |
| Primary dust collection system (incorporating electrostatic precipitators or baghouse filters) | 30 | * | 1 Jan 2002 |
| Solid fuel preparation assets (including fuel feeders and milling assets) | 30 | * | 1 Jan 2002 |
| Station and auxiliary electrical systems within the power station | 30 | * | 1 Jan 2002 |
| Steam generator | 30 | * | 1 Jan 2002 |
| Steam turbine generator | 30 | * | 1 Jan 2002 |
| Wind: | |||
| Generator transformer and unit transformer in sub-tropical area | 30 | * | 1 Jan 2002 |
| Generator transformer and unit transformer in tropical area | 25 | * | 1 Jan 2002 |
| Wind turbine | 20 | * | 1 Jan 2002 |
| Power station civil and structural works: | |||
| Chimney stack: | |||
| Concrete surround | 30 | * | 1 Jan 2002 |
| Steel flues | 20 | * | 1 Jan 2002 |
| Cooling tower, concrete or timber | 30 | * | 1 Jan 2002 |
| Cooling water system (excluding cooling towers and condensing assets) | 30 | * | 1 Jan 2002 |
| Power station buildings, to the extent that they form an integral part of plant | 30 | * | 1 Jan 2002 |
| Workshop machinery and tools | 20 | * | 1 Jan 2002 |
| Electricity transmission: | |||
| Control, monitoring, communications and protection systems | 12 ½ | * | 1 Jan 2002 |
| Power transformers | 40 | * | 1 Jan 2002 |
| Transmission lines (incorporating conductors, insulators and towers) | 47 ½ | * | 1 Jan 2002 |
| Transmission substations (excluding power transformers and control, monitoring, communications and protection systems) | 40 | * | 1 Jan 2002 |
|
Gas supply
( 27000 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Gas distribution [19] : | |||
| Control systems (excluding computers) | 10 | * | 1 Jul 2002 |
| Gas meter | 15 | * | 1 Jul 2002 |
| Low pressure (LP) gas storage holder | 40 | *# | 1 Jul 2002 |
| Pigging device | 5 | * | 1 Jul 2002 |
| Pipeline (including high, medium or low pressure trunk, primary or secondary mains or services): | |||
| Generally | 50 | *# | 1 Jul 2002 |
| PVC pipeline | 30 | *# | 1 Jul 2002 |
| Regulators (including gate stations, subgate stations, block valve stations, pressure regulating stations and district regulating stations) | 40 | *# | 1 Jul 2002 |
| Gas transmission [20] : | |||
| Compressor gas turbine (GT) driver | 20 | * | 1 Jul 2002 |
| Compressor station assets | 30 | *# | 1 Jul 2002 |
| Control systems (excluding computers) | 10 | * | 1 Jul 2002 |
| Gas meter | 15 | * | 1 Jul 2002 |
| Gas pipeline LNG station assets | 30 | *# | 1 Jul 2002 |
| Pigging device | 5 | * | 1 Jul 2002 |
| Pipeline - transmission, spur or lateral | 50 | *# | 1 Jul 2002 |
| Regulators (including gate stations, subgate stations, block valve stations, pressure regulating stations and district regulating stations) | 40 | *# | 1 Jul 2002 |
| Underground gas storage asset | 40 | *# | 1 Jul 2002 |
|
Irrigation water providers
(28110) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Channel regulators | 80 | * | 1 Jan 2005 |
| Cranes (including gantries) | 40 | * | 1 Jan 2005 |
| Dams and weirs ((incorporating gates and actuators) consisting of a barrier to obstruct the flow of water constructed from any or all of the following: concrete, earth and rockfill) | 100 | * | 1 Jan 2005 |
| Drain inlet | 50 | * | 1 Jan 2005 |
| Drainage channels (measured from the point of intersection with another drainage channel to the following intersection) | 100 | * | 1 Jan 2005 |
| Escapes | 50 | * | 1 Jan 2005 |
| Flow meters | 20 | * | 1 Jan 2005 |
| Irrigation channels (incorporating siphons and subways) measured from offtake or regulator to regulator: | |||
| Concrete | 50 | * | 1 Jan 2005 |
| Earth | 80 | * | 1 Jan 2005 |
| Measurement flumes | 50 | * | 1 Jan 2005 |
| Metered outlets: | |||
| Electronic | 40 | * | 1 Jan 2005 |
| Mechanical | 50 | * | 1 Jan 2005 |
| Piped | 40 | * | 1 Jan 2005 |
| Offtakes | 80 | * | 1 Jan 2005 |
| Pipes: measured from valve to valve, that are of the same age and same material (not being in the nature of a repair) | 80 | * | 1 Jan 2005 |
| Pump inlets | 50 | * | 1 Jan 2005 |
| Pump sets (incorporating switchboards, starters, motors and pumps) | 40 | * | 1 Jan 2005 |
| Reservoirs and tanks | 80 | * | 1 Jan 2005 |
| Valves | 40 | * | 1 Jan 2005 |
|
Water supply
( 28110 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Aerators and blowers | 20 | * | 1 Jan 2005 |
| Cathodic protection systems | 20 | * | 1 Jan 2005 |
| Chemical dosing pumps | 25 | * | 1 Jan 2005 |
| Pump sets (incorporating switch boards, starters, motors and pumps) | 25 | * | 1 Jan 2005 |
| Pressure reducing valves | 25 | * | 1 Jan 2005 |
| Valves (excluding pressure reducing valves) | 30 | * | 1 Jan 2005 |
| Raw water storage and supply assets: | |||
| Bores | 30 | * | 1 Jan 2005 |
| Dams and weirs | 100 | * | 1 Jan 2005 |
| Dam or weir intake structures | 100 | * | 1 Jan 2005 |
| Water treatment assets: | |||
| Balance tanks | 80 | * | 1 Jan 2005 |
| Bore water treatment assets: | |||
| Aerators and blowers | 20 | * | 1 Jan 2005 |
| Lime silos | 50 | * | 1 Jan 2005 |
| Batching tanks | 80 | * | 1 Jan 2005 |
| Lime pump sets (incorporating switch boards, starters, motors and pumps) | 25 | * | 1 Jan 2005 |
| Reactors | 25 | * | 1 Jan 2005 |
| Filtration tanks | 80 | * | 1 Jan 2005 |
| Backwash pumps | 25 | * | 1 Jan 2005 |
| Clear water tanks | 80 | * | 1 Jan 2005 |
| Sludge thickeners | 50 | * | 1 Jan 2005 |
| Drying beds | 50 | * | 1 Jan 2005 |
| Chemical blowers | 15 | * | 1 Jan 2005 |
| Chemical dosing systems | 15 | * | 1 Jan 2005 |
| Chemical feeders and hoppers | 25 | * | 1 Jan 2005 |
| Chemical mixers and blenders | 25 | * | 1 Jan 2005 |
| Chemical storage tanks | 30 | * | 1 Jan 2005 |
| Clarifiers (incorporating scrapers) | 80 | * | 1 Jan 2005 |
| Clear water tanks | 80 | * | 1 Jan 2005 |
| Dissolved air flotation systems | 25 | * | 1 Jan 2005 |
| Filtration tanks (incorporating scrapers) | 80 | * | 1 Jan 2005 |
| Flocculation tanks (incorporating scrapers) | 80 | * | 1 Jan 2005 |
| Inline mixers | 15 | * | 1 Jan 2005 |
| Pen-stops | 25 | * | 1 Jan 2005 |
| Raw water inlet screening systems | 25 | * | 1 Jan 2005 |
| Sludge treatment lagoons | 50 | * | 1 Jan 2005 |
| Wash water holding tanks | 80 | * | 1 Jan 2005 |
| Water mains: Being lengths of trunk, distribution and reticulation mains within a section, measured from valve to valve that are of the same age and same material (not being in the nature of a repair) | 80 | * | 1 Jan 2005 |
| Water supply pumping station detention tanks | 80 | * | 1 Jan 2005 |
| Reservoirs, elevated tanks and standpipes: whether made from steel or concrete | 80 | * | 1 Jan 2005 |
| Service connections: | |||
| Water meters | 20 | * | 1 Jan 2005 |
| Water supply control systems assets: | |||
| Air scour flow meters, level sensors, transmitters and meters | 10 | * | 1 Jan 2005 |
| Chlorine analysers, mini labs, PH meters, turbidity analysers and meters | 7 | * | 1 Jan 2005 |
| Flow meters | 20 | * | 1 Jan 2005 |
| Pressure sensors, transmitters and meters | 10 | * | 1 Jan 2005 |
| Telemetry (including modems and remote transfer units) | 10 | * | 1 Jan 2005 |
| Variable speed drives | 15 | * | 1 Jan 2005 |
|
Sewerage and drainage services
( 28120 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
| Chemical dosing pumps | 25 | * | 1 Jan 2005 |
| Pump sets (incorporating switch boards, starters, motors and pumps) | 25 | * | 1 Jan 2005 |
| Sewage service connection assets: | |||
| Low pressure pumps | 25 | * | 1 Jan 2005 |
| Vacuum pumps | 25 | * | 1 Jan 2005 |
| Sewer mains: Being lengths of collection sewers measured from manhole to manhole (including branch, main, pressure, reticulation, sub-main and trunk sewers) (not being in the nature of a repair) | 80 | * | 1 Jan 2005 |
| Pressure reducing valves | 25 | * | 1 Jan 2005 |
| Valves (excluding pressure reducing valves) | 30 | * | 1 Jan 2005 |
| Sewage pump station assets: | |||
| Detention tanks | 80 | * | 1 Jan 2005 |
| Overflow screens | 25 | * | 1 Jan 2005 |
| Sewage treatment assets: | |||
| Air filtration systems | 20 | * | 1 Jan 2005 |
| Air scrubbers | 10 | * | 1 Jan 2005 |
| Chemical blowers | 15 | * | 1 Jan 2005 |
| Chemical feeders and hoppers | 25 | * | 1 Jan 2005 |
| Chemical mixers and blenders | 25 | * | 1 Jan 2005 |
| Chemical storage tanks | 30 | * | 1 Jan 2005 |
| Pen-stops | 25 | * | 1 Jan 2005 |
| Water storage tanks | 80 | * | 1 Jan 2005 |
| Screenings removal assets | 25 | * | 1 Jan 2005 |
| Grit removal assets | 25 | * | 1 Jan 2005 |
| Primary treatment assets: | |||
| Primary clarifiers (incorporating scrapers) | 80 | * | 1 Jan 2005 |
| Primary sedimentation lagoons | 50 | * | 1 Jan 2005 |
| Primary sedimentation tanks (incorporating scrapers and weirs) | 80 | * | 1 Jan 2005 |
| Scum collection and transfer systems | 25 | * | 1 Jan 2005 |
| Secondary treatment assets: | |||
| Biological nutrient removal (BNR) assets: | |||
| Aerators and blowers | 20 | * | 1 Jan 2005 |
| BNR tanks (incorporating mixed liquor stream, anoxic, anaerobic and swing zones and diffusers) | 80 | * | 1 Jan 2005 |
| Mixers | 25 | * | 1 Jan 2005 |
| Secondary clarifiers (incorporating scrapers) | 80 | * | 1 Jan 2005 |
| Secondary treatment lagoons | 50 | * | 1 Jan 2005 |
| Secondary treatment tanks (incorporating scrapers and weirs) | 80 | * | 1 Jan 2005 |
| Sequenced batch reactors | 80 | * | 1 Jan 2005 |
| Sludge aerators and blowers | 80 | * | 1 Jan 2005 |
| Tertiary treatment assets: | |||
| Backwash air blowers | 20 | * | 1 Jan 2005 |
| Chlorine contact tanks | 80 | * | 1 Jan 2005 |
| Filtration tanks | 80 | * | 1 Jan 2005 |
| Reverse osmosis assets: | |||
| Fine screening systems | 15 | * | 1 Jan 2005 |
| Micro filtration units | 15 | * | 1 Jan 2005 |
| Reverse osmosis membrane filtration units | 10 | * | 1 Jan 2005 |
| UV disinfectors | 25 | * | 1 Jan 2005 |
| Sludge processing assets: | |||
| Anaerobic digesters | 80 | * | 1 Jan 2005 |
| Anaerobic digester gas handling and blowing systems | 25 | * | 1 Jan 2005 |
| Anaerobic digester heating systems | 25 | * | 1 Jan 2005 |
| Bio-filters | 80 | * | 1 Jan 2005 |
| Dissolved air flotation systems | 25 | * | 1 Jan 2005 |
| Lime disinfection dosing units | 25 | * | 1 Jan 2005 |
| Sludge dewatering assets: | |||
| Belt presses | 15 | * | 1 Jan 2005 |
| Centrifuges | 20 | * | 1 Jan 2005 |
| Screw conveyors | 25 | * | 1 Jan 2005 |
| Screw presses | 20 | * | 1 Jan 2005 |
| Sludge driers | 20 | * | 1 Jan 2005 |
| Sludge heating units | 20 | * | 1 Jan 2005 |
| Sludge thickening tanks (incorporating scrapers) | 80 | * | 1 Jan 2005 |
| Methane gas and cogeneration assets - see Table A Electricity supply (26110 to 26400) and Gas supply (27000) | |||
| Dams: | |||
| Lined earth dams | 100 | * | 1 Jan 2005 |
| Dam covers | 20 | * | 1 Jan 2005 |
| Effluent outfalls: | |||
| Shoreline ocean | 100 | * | 1 Jan 2005 |
| Extended ocean | 100 | * | 1 Jan 2005 |
| River or estuary | 100 | * | 1 Jan 2005 |
| Sewerage control systems assets: | |||
| Chlorine residual analysers and PH meters | 7 | * | 1 Jan 2005 |
| Dissolved oxygen probes, level sensors, transmitters and meters | 10 | * | 1 Jan 2005 |
| Flow meters | 20 | * | 1 Jan 2005 |
| Telemetry (including modems and remote transfer units) | 10 | * | 1 Jan 2005 |
| Variable speed drives | 15 | * | 1 Jan 2005 |
|
Waste disposal services
( 29110 ) |
|||
| ASSET |
LIFE
(YEARS) |
REVIEWED |
DATE OF
APPLICATION |
|
Solid waste collection services
(29110) |
|||
| ASSET | LIFE (YEARS) | REVIEWED | DATE OF APPLICATION |
| Garbage compactor trucks (including the compactor) [21] | 10 | * # | 1 Jan 2005 |
|
Waste remediation and materials recovery services
(29220) |
|||
| ASSET | LIFE (YEARS) | REVIEWED | DATE OF APPLICATION |
| Materials recovery facility (MRF) assets: | |||
| Air compressors and receivers | 7 | * | 1 Jul 2014 |
| Balers | 7 | * | 1 Jul 2014 |
| Ballistic separators | 10 | * | 1 Jul 2014 |
| Bins: | |||
| Bins generally (including metal bins) | 7 | * | 1 Jul 2014 |
| Compactor bins | 6 | * | 1 Jul 2014 |
| Mobile bins (including rubbish bins) | 5 | * | 1 Jul 2014 |
| Bunkers | 10 | * | 1 Jul 2014 |
| CCTV and security systems | 4 | * | 1 Jul 2014 |
| Chippers and shredders | 7 | * | 1 Jul 2014 |
| Control systems | 10 | * | 1 Jul 2014 |
| Conveyors and conveyor systems: | |||
| Bounce conveyors and feeders | 10 | * | 1 Jul 2014 |
| Conveyors generally (incorporating belt, drive, motors and supporting structure) including walking floor conveyors | 9 | * | 1 Jul 2014 |
| Hand sort conveyors | 10 | * | 1 Jul 2014 |
| Door controls and motor drive systems for automatic opening doors (incorporating controls, motors and sensors, but excluding doors) | 10 | * | 1 Jul 2014 |
| Ducted air transfer system assets | 10 | * | 1 Jul 2014 |
| Dust collectors | 12 | * | 1 Jul 2014 |
| Eddy current separators | 7 | * | 1 Jul 2014 |
| Excavators and front end loaders | 5 | * | 1 Jul 2014 |
| Fans | 10 | * | 1 Jul 2014 |
| Feed hoppers (incorporating steel drag chain, conveyor belt, metering feed roller, motor and gearbox) | 5 | * | 1 Jul 2014 |
| Ferrous and magnetic separators | 10 | * | 1 Jul 2014 |
| Food separation and screening assets | 10 | * | 1 Jul 2014 |
| Forklifts | 5 | * | 1 Jul 2014 |
| Glass breakers and crushers | 6 | * | 1 Jul 2014 |
| Hoppers | 7 | * | 1 Jul 2014 |
| Leachate pumps and filters | 10 | * | 1 Jul 2014 |
| Lifting assets (including pallet jacks) | 10 | * | 1 Jul 2014 |
| Optical sorters | 5 | * | 1 Jul 2014 |
| Screen separators | 10 | * | 1 Jul 2014 |
| Sweepers and scrubbers | 10 | * | 1 Jul 2014 |
| Trommels (incorporating wheels, motors and gearboxes): | |||
| Fixed | 7 | * | 1 Jul 2014 |
| Portable | 7 | * | 1 Jul 2014 |
| Vacuum extraction and cleaning assets | 10 | * | 1 Jul 2014 |
| Vibrating screen separators | 10 | * | 1 Jul 2014 |
| Waste compactors | 9 | * | 1 Jul 2014 |
| Weighbridges | 15 | * | 1 Jul 2014 |
References
ATO references:
NO 99/132027; 2000/20567; 2003/11601; 2004/17815; 2005/6504; 2005/18073; 2006/25212; 2007/7796; 2008/9394; 2009/5704; 1-20KCCA6; 1-2Z8ZAX4; 1-3VCCZ0O; 1-4NMTK3G; 1-5EJ20VG
ISSN: 1039-0731
Related Rulings/Determinations:
IT 2685
TR 2000/18
TR 2006/5
TR 2006/15
TR 2007/3
TR 2008/4
TR 2009/4
TR 2010/2
TR 2011/2
TR 2012/2
TR 2013/4
Subject References:
capped lives
determination of effective life
decline in value
depreciating assets
effective life
effective life determination
Legislative References:
ITAA 1997
ITAA 1997 Div 40
ITAA 1997 40-70(1)
ITAA 1997 40-72(1)
ITAA 1997 40-75(1)
ITAA 1997 40-95
ITAA 1997 40-100
ITAA 1997 40-100(5)
ITAA 1997 40-100(6)(b)
ITAA 1997 40-102(4)
ITAA 1997 40-102(4A)
ITAA 1997 40-105
ITAA 1997 40-110
TAA 1953
Other References:
Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2014 (No. 1)
| Date: | Version: | Change: | |
| 25 June 2014 | Original ruling | ||
| 16 July 2014 | Consolidated ruling | Erratum | |
| You are here | 6 August 2014 | Consolidated ruling | Addendum |