Taxation Ruling

TR 2021/3

Income tax: effective life of depreciating assets (applicable from 1 July 2021)

  • Please note that the PDF version is the authorised version of this ruling.
    This Ruling, which applies from 1 July 2021, replaces TR 2020/3 (see paragraph 6 of this Ruling for further details).

D

D
ASSET LIFE
(YEARS)
REVIEWED DATE OF
APPLICATION
Digital cameras:
    Camera lenses 5     *     1 Jul 2015
    Medium format single lens reflex (SLR) system (including camera bodies and digital backs) 4     *     1 Jul 2015
    Others 3     *     1 Jul 2015
Door controls and motor drive systems for automatic sliding doors (incorporating chains, controls, motors and sensors, but excluding doors) 15     *     1 Jul 2005
Dozers/front end loaders 9     *     1 Jul 2002
Drink dispensing machines 10     *     1 Jul 2005
Drones/remotely piloted aircraft - see Table B Unmanned aerial vehicles


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).