Taxation Ruling

TR 2008/4W

Income tax: effective life of depreciating assets (applicable from 1 July 2008)

Notice of Withdrawal

Taxation Ruling TR 2008/4 is withdrawn on and from 1 July 2009.

1. Taxation Ruling TR 2008/4 has been replaced by Taxation Ruling TR 2009/4, which applies on and from 1 July 2009. To the extent that the views contained in TR 2008/4 still apply, they have been incorporated into TR 2009/4.

2. The Commissioner's determination of the effective life of depreciating assets has been amended with effect from 1 July 2009. If, for a particular asset, you were using an effective life from the determination as in force before the latest amendment (for example, as contained in the Schedule to TR 2008/4), you should continue to use that life for that asset.

Commissioner of Taxation
24 June 2009

Not previously issued as a draft


ATO references:
NO 2006/20258

ISSN: 1039-0731
TR 2008/4W history
  Date: Version: Change:
  25 June 2008 Original ruling  
You are here 24 June 2009 Withdrawn  

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).