Taxation Ruling

TR 2018/4

Income tax: effective life of depreciating assets (applicable from 1 July 2018)

  • Please note that the PDF version is the authorised version of this ruling.
    This document has been Withdrawn.
    View the Withdrawal notice for this document.
    This Ruling, which applies from 1 July 2018, replaces TR 2017/2 (see paragraph 5 of this Ruling for further details).
    This Ruling has been replaced by TR 2019/5 .

Construction - (30110 to 32990)

CONSTRUCTION
(30110 to 32990)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Air compressors:
    Compressors - reciprocating 7     *     1   Jul   2008
    Compressors - rotary screw 10     *     1   Jul   2008
Backhoe loaders 9     *     1   Jul   2002
Bending machines (bar, angle or rod) 10     *     1   Jul   2008
Block and brick elevators (portable) 10     *     1   Jul   2008
Chain blocks, rod shears, jacks etc 13 1/3 1   Jan   2001
Compaction:
    Compactors - flat plate 8     *     1   Jul   2008
    Compactors - vertical rammer 6     *     1   Jul   2008
Concreting assets:
    Brick and paving saws 5     *     1   Jul   2008
    Buggies or dumpers (motorised) 5 1   Jan   2001
    Concrete demolition saws 3     *     1   Jul   2008
    Concrete kibble buckets 15     *     1   Jul   2008
    Concrete mixers 4     *     1   Jul   2008
    Concrete surface preparation assets (including floor grinders, planers and scarifiers) 5     *     1   Jul   2008
    Concrete trowels:
        Ride on 7     *     1   Jul   2008
        Walk behind 5     *     1   Jul   2008
    Concrete vibrating screeders 5     *     1   Jul   2008
    Concrete vibrators:
        Brushcutter style 5     *     1   Jul   2008
        Drive units 6     *     1   Jul   2008
        Flexible shaft pumps 6     *     1   Jul   2008
        Vibrating shaft 3     *     1   Jul   2008
    Concrete wheeled saws 6     *     1   Jul   2008
    Hoppers, skips and hoist buckets 10 1   Jan   2001
    Mobile concrete pumping units 6 2/3 1   Jan   2001
Cranes (mobile):
    Light and medium 15     *     1   Jul   2002
    Heavy (over 15.24 tonnes lift) 20     *     1   Jul   2002
    Tower and hoists 10 1   Jan   2001
Dozers/front end loaders 9     *     1   Jul   2002
Forklifts 11     *     1   Jul   2002
Formwork, beams and props, steel 10     *     1   Jul   2008
Hydraulic excavators 10     *     1   Jul   2002
Lift slab assets (incorporating spreader bars, clutches, pulleys and cables) 5     *     1   Jul   2008
Mini excavators 8     *     1   Jul   2002
Motor graders 10     *     1   Jul   2002
Pavers 12     *     1   Jul   2002
Power supply assets:
    Generators, portable (incorporating attached engine management and generator monitoring instruments):
        Diesel 10     *     1   Jul   2008
        Petrol 5     *     1   Jul   2008
Power tools:
    Chain saws 3     *     1   Jul   2008
    Hand tools:
        Air 5     *     1   Jul   2008
        Battery 3     *     1   Jul   2008
        Electric 5     *     1   Jul   2008
    Jack hammers:
        Air 7     *     1   Jul   2008
        Electric 3     *     1   Jul   2008
    Nail guns - air 3     *     1   Jul   2008
Profilers 10     *     1   Jul   2002
Pumps 10 1   Jan   2001
Road rollers 15     *     1   Jul   2002
Saws, bench and mitre, portable 7     *     1   Jul   2008
Scrapers 8     *     1   Jul   2002
Skid steer loaders 7     *     1   Jul   2002
Stabiliser recyclers 12     *     1   Jul   2002
Surveying assets (including levels) - see Table A Surveying and mapping services (69220)
Telescopic handlers 10     *     1   Jul   2002
Tool carriers 10     *     1   Jul   2002
Track loaders 9     *     1   Jul   2002
Traffic management assets (use the relevant lives given under Table A Rental and hiring services (66110 to 67200), whether or not the assets are in fact hired or leased)
Welders:
    Diesel 10     *     1   Jul   2008
    Electric 5     *     1   Jul   2008
Wheel loaders 8     *     1   Jul   2002
Winches 13 1/3 1   Jan   2001
Other heavy and civil engineering construction n.e.c.
(31099)
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Automatic welding machines (used at sea in construction of submarine pipelines) 10 1   Jan   2001


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).