Effective Life 2005/1
Commonwealth of Australia
This Legislative Instrument has been repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013.Income Tax Assessment Act 1997
I, BRUCE WILLIAM QUIGLEY, Deputy Chief Tax Counsel, make this Determination under subsection 40-100(1) of the Income Tax Assessment Act 1997.1 Name of Determination
This Determination is the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2005 (No. 1).
2 Commencement
This Determination commences on 1 July 2005.
3 Amendment of Income Tax (Effective Life of Depreciating Assets) Determination 2001
Schedule 1 amends the Income Tax (Effective Life of Depreciating Assets) Determination 2001, as amended by the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2004 (No. 1).
Schedule 1 Amendments
(section 3)
[1] Table A, industry category ACCOMMODATION, CAFES AND BARS, AND RESTAURANTS (57100 to 57402)
Substitute
| ASSET | LIFE (YEARS) | REVIEWED | DATE OF APPLICATION |
|---|---|---|---|
|
ACCOMMODATION, PUBS, TAVERNS AND BARS, CAFES AND RESTAURANTS
(57100 to 57402) |
|||
|
Accommodation
(57100) |
|||
| Accommodation providers using assets not listed here may rely on determinations shown in Table A for Residential Property Operators (77110). | |||
| Accommodation providers who operate a pub, tavern, bar, café, restaurant or club within their premises should use the effective life determinations shown in table A for Pubs, taverns and bars, cafes and restaurants, clubs - hospitality (57200 to 57402) for assets used in that business. | |||
| Audio visual entertainment assets including those used in conference and function rooms (including amplifier, audio speaker, digital disc player, microphone, television, turntable, video projection equipment) | 5 | * | 1 Jul 2005 |
| Carpets | 7 | * | 1 Jul 2005 |
| Door control and motor drive system for automatic sliding doors and revolving doors (incorporating chains, controls, motors and sensors), excluding doors | 10 | * | 1 Jul 2005 |
| Furniture, freestanding: | |||
| Generally (including guestrooms) | 7 | * | 1 Jul 2005 |
| Outdoor | 5 | * | 1 Jul 2005 |
| Garage doors, electric (excluding doors): | |||
| Controls and motors | 5 | * | 1 Jul 2005 |
| Gates, electric (excluding gates): | |||
| Controls and motors | 5 | * | 1 Jul 2005 |
| Guestroom assets: | |||
| Bathroom assets: | |||
| Accessories, freestanding (including sanitary assets, shower caddies, soap holders and toilet brushes) | 1 | * | 1 Jul 2005 |
| Hair dryers | 3 | * | 1 Jul 2005 |
| Heated towel rails, electric | 5 | * | 1 Jul 2005 |
| Scales | 5 | * | 1 Jul 2005 |
| Spa bath pumps | 7 | * | 1 Jul 2005 |
| Towels | 1 | * | 1 Jul 2005 |
| Bedding (including mattress protectors, pillows and sheets) | 2 | * | 1 Jul 2005 |
| Bed mattresses | 7 | * | 1 Jul 2005 |
| Beds: | |||
| Generally (including ensembles) | 7 | * | 1 Jul 2005 |
| Foldout and rollaway beds (excluding sofas) | 3 | * | 1 Jul 2005 |
| Bed spreads, blankets and quilts | 5 | * | 1 Jul 2005 |
| Clocks and clock radios | 5 | * | 1 Jul 2005 |
| Kitchen assets: | |||
| Bar refrigerators | 10 | * | 1 Jul 2005 |
| Cooking utensils (including electric jugs, kettles, pans, pots and toasters), excluding portable cook tops and ovens. | 2 | * | 1 Jul 2005 |
| Crockery and cutlery | 4 | * | 1 Jul 2005 |
| Glassware | 2 | * | 1 Jul 2005 |
| Microwave ovens | 5 | * | 1 Jul 2005 |
| Laundry assets in guestrooms: | |||
| Clothes dryers | 7 | * | 1 Jul 2005 |
| Irons and ironing boards | 3 | * | 1 Jul 2005 |
| Washing machines | 7 | * | 1 Jul 2005 |
| Window blinds and curtains | 6 | * | 1 Jul 2005 |
| Hot water systems (excluding commercial boilers and piping) | 10 | * | 1 Jul 2005 |
| Housekeeping assets (including bins, buckets, floor signs and toilet brushes) | 1 | * | 1 Jul 2005 |
| Laundry assets used by hotel/motel operators: | |||
| Dryers | 10 | * | 1 Jul 2005 |
| Linen bins | 15 | * | 1 Jul 2005 |
| Pressers | 15 | * | 1 Jul 2005 |
| Roller irons | 20 | * | 1 Jul 2005 |
| Washing machines | 10 | * | 1 Jul 2005 |
| Public address and paging system assets (including amplifiers, audio speakers and microphones) | 10 | * | 1 Jul 2005 |
| Sauna heating assets | 10 | * | 1 Jul 2005 |
| Swimming pools and spas: | |||
| Chlorinators | 8 | * | 1 Jul 2005 |
| Filtration assets (including pumps) | 8 | * | 1 Jul 2005 |
| Heaters | 10 | * | 1 Jul 2005 |
| Trolleys | 10 | * | 1 Jul 2005 |
| Vacuum cleaners | 3 | * | 1 Jul 2005 |
| Water pumps used to deliver water to residences above ground level | 10 | * | 1 Jul 2005 |
|
Pubs, taverns and bars, cafes and restaurants, clubs - hospitality
(57200 to 57402) |
|||
| Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players, microphones, televisions, turntables and video projection equipment) | 5 | * | 1 Jul 2005 |
| Bars, freestanding (including drink service counters and wet bars) | 15 | * | 1 Jul 2005 |
| Beer dispensing system assets (including, tanks, taps tubes and valves) | 15 | * | 1 Jul 2005 |
| Coffee making machines (including espresso and drip filter type machines) | 5 | * | 1 Jul 2005 |
| Counters for customer service, freestanding | 15 | * | 1 Jul 2005 |
| Dance floor assets, freestanding (including wooden surface, fog and smoke machines, strobe lights and disco balls) | 5 | * | 1 Jul 2005 |
| Dishwasher machines | 8 | * | 1 Jul 2005 |
| Drink blenders | 3 | * | 1 Jul 2005 |
| Drink dispensing machines (including hot water urns, post mix dispensers, refrigerated and frozen drink dispensers and dairy dispensers) excluding beer dispensing systems | 10 | * | 1 Jul 2005 |
| Electronic spirits dispensers | 5 | * | 1 Jul 2005 |
| Floor coverings, removable without damage: | |||
| Carpet | 5 | * | 1 Jul 2005 |
| Rubber safety mats | 5 | * | 1 Jul 2005 |
| Food preparation and service assets: | |||
| Bench top appliances - small portable type (including blenders, food processors, grills, rice cookers and toasters) | 3 | * | 1 Jul 2005 |
| Cooking appliances, large commercial type (including cook tops, deep fryers, grills, kebab machines, ovens and salamanders) | 10 | * | 1 Jul 2005 |
| Cookware, handheld (including frypans, pans, pots, trays and woks) | 2 | * | 1 Jul 2005 |
| Crockery, cutlery and glassware | 1 | * | 1 Jul 2005 |
| Hot food display assets (including bain marie) | 10 | * | 1 Jul 2005 |
| Microwave ovens | 5 | * | 1 Jul 2005 |
| Preparation benches, freestanding | 20 | * | 1 Jul 2005 |
| Wok burners, large commercial type | 8 | * | 1 Jul 2005 |
| Furniture, freestanding, for customer use: | |||
| In drinking areas of pubs, bars, clubs | 5 | * | 1 Jul 2005 |
| In dining areas | 8 | * | 1 Jul 2005 |
| Furniture, not freestanding: | |||
| Chairs and tables fixed to ground or building | 20 | * | 1 Jul 2005 |
| Glassware | 1 | * | 1 Jul 2005 |
| Glass washer machines | 5 | * | 1 Jul 2005 |
| Kitchen exhaust fans | 5 | * | 1 Jul 2005 |
| Menu boards | 5 | * | 1 Jul 2005 |
[2] Table A, industry category CULTURAL AND RECREATIONAL SERVICES (91110 to 93302), subcategory Film, video, radio and television services (91110 to 91210)
Substitute
|
Film, video and radio services
(91110 to 91210) |
|||
| Audition Units | 10 | 1 Jan 2001 | |
| Cinema operation: | |||
| Audio amplification and processing equipment (includes component racks systems) | 10 | * | 1 Jan 2001 |
| Carpets | 5 | * | 1 Jan 2001 |
| Cinema automation system | 10 | * | 1 Jan 2001 |
| Cinema and sound processor | 8 | * | 1 Jan 2001 |
| Cinema seating (includes frame, seat body and cover) | 7 | * | 1 Jan 2001 |
| Curtains, wall and acoustic treatments | 7 | * | 1 Jan 2001 |
| Drive-in plant: | |||
| Sound transmission equipment | 10 | * | 1 Jan 2001 |
| Listening units (including posts, wiring and speaker equipment) | 10 | * | 1 Jan 2001 |
| Screens and screen framing | 15 | * | 1 Jan 2001 |
| Film handling and maintenance equipment (includes splicers, footage counters, spools and reels, stripper plates, rewinders, spinners, trolleys and cleaners) | 10 | * | 1 Jan 2001 |
| Film transport system (includes platter systems, tower, make-up tables and interlock systems) | 15 | * | 1 Jan 2001 |
| Lighting (includes dimmers, aisle and seat) | 10 | * | 1 Jan 2001 |
| Loud speakers and sound reproduction equipment | 10 | * | 1 Jan 2001 |
| Motion picture and slide projection equipment: | |||
| Motion picture projector | 10 | * | 1 Jan 2001 |
| Projector heat extraction system | 10 | * | 1 Jan 2001 |
| Projection port | 20 | * | 1 Jan 2001 |
| Slide projector | 10 | * | 1 Jan 2001 |
| Screen installations (includes screens, framing and masking equipment) | 8 | * | 1 Jan 2001 |
| Newsreel Equipment: | |||
| Batteries | 13 ⅓ | 1 Jan 2001 | |
| Biographs | 10 | 1 Jan 2001 | |
| Cameras (sound) | 10 | 1 Jan 2001 | |
| Electric motors | 20 | 1 Jan 2001 | |
| Film editing equipment | 10 | 1 Jan 2001 | |
| Instruments | 13 ⅓ | 1 Jan 2001 | |
| Insulated cables | 20 | 1 Jan 2001 | |
| Meters | 13 ⅓ | 1 Jan 2001 | |
| Microphones | 10 | 1 Jan 2001 | |
| Radio sets and accessories | 10 | 1 Jan 2001 | |
| Sound equipment | 10 | 1 Jan 2001 | |
| Transformers | 40 | 1 Jan 2001 | |
| Radio Broadcasting Equipment: | |||
| Computer automated | 10 | 1 Jan 2001 | |
| General plant | 6 ⅔ | 1 Jan 2001 | |
| Steel Masts | 40 | 1 Jan 2001 | |
| Theatre equipment: | |||
| Accessories (theatrical - wigs, costumes, etc) | 5 | 1 Jan 2001 | |
|
Television services
(91220) |
|||
| Audio boards, consoles and mixers | 12 | * | 1 Jul 2005 |
| Audio delay units | 10 | * | 1 Jul 2005 |
| Audio effects units (including compression units, delay units, graphic equalisers and reverberation units) | 12 | * | 1 Jul 2005 |
| Automated tape library systems (incorporating robotic controls and tape drives) | 10 | * | 1 Jul 2005 |
| Broadcast antennas | 20 | * | 1 Jul 2005 |
| Broadcast interfacing assets (including aspect ratio converters, distribution amplifiers, sync pulse generators, timecode generators and readers and other 'glue' assets) | 12 | * | 1 Jul 2005 |
| Cameras: | |||
| Portable cameras (including camcorders, electronic field production (EFP) and electronic news gathering (ENG) cameras) | 8 | * | 1 Jul 2005 |
| Studio cameras | 10 | * | 1 Jul 2005 |
| Camera control units | 10 | * | 1 Jul 2005 |
| Camera lens accessories (including adapters, filters, matte boxes and stabilisers) | 12 | * | 1 Jul 2005 |
| Camera lenses | 12 | * | 1 Jul 2005 |
| Camera mounting heads | 15 | * | 1 Jul 2005 |
| Camera mounts (including cranes, jibs, pedestals and tripods) | 25 | * | 1 Jul 2005 |
| Camera pan tilt and pedestal robotic systems (incorporating integrated hardware and control unit) | 12 | * | 1 Jul 2005 |
| Character and graphics generating assets - standalone (including character generators, paintboxes and stillstores) | 10 | * | 1 Jul 2005 |
| Digital audio players and recorders (including CD players and recorders, DAT players, DVD players and recorders, and Mini-disc players and recorders) | 5 | * | 1 Jul 2005 |
| Digital video effects (DVE) units - standalone | 10 | * | 1 Jul 2005 |
| Edit controllers (used in linear editing and audio post-production) | 8 | * | 1 Jul 2005 |
| Hard disk recorders | 5 | * | 1 Jul 2005 |
| Intercommunication systems | 15 | * | 1 Jul 2005 |
| Lighting: | |||
| Portable lighting | 12 | * | 1 Jul 2005 |
| Studio lighting | 15 | * | 1 Jul 2005 |
| Lighting control systems | 10 | * | 1 Jul 2005 |
| Lighting grids - fixed | 40 | * | 1 Jul 2005 |
| Lighting hoists | 15 | * | 1 Jul 2005 |
| Microphones: | |||
| Field or boom microphones | 5 | * | 1 Jul 2005 |
| Miniature or 'lapel' microphones | 5 | * | 1 Jul 2005 |
| Radio microphone systems (incorporating antennas, miniature microphones, receivers and transmitters) | 5 | * | 1 Jul 2005 |
| Studio or fixed microphones | 10 | * | 1 Jul 2005 |
| Microphone booms | 10 | * | 1 Jul 2005 |
| Microwave telecommunications assets - see Table A Telecommunications services (71200) | |||
| Mobile production vehicles (excluding the assets contained within) - see Table B Motor Vehicles | |||
| Monitors: | |||
| Audio monitors | 10 | * | 1 Jul 2005 |
| Video monitors: | |||
| Cathode ray tube ('CRT') monitors | 8 | * | 1 Jul 2005 |
| LCD and Plasma monitors | 5 | * | 1 Jul 2005 |
| Virtual monitor wall systems (including rear projection monitor walls) | 5 | * | 1 Jul 2005 |
| Non-linear editing systems (incorporating computer control, interface and hard disk system) | 4 | * | 1 Jul 2005 |
| Presentation automation systems | 10 | * | 1 Jul 2005 |
| Racks | 20 | * | 1 Jul 2005 |
| RF Modulation units | 12 | * | 1 Jul 2005 |
| Routing systems (incorporating control panels, hardware and switchers): | 11 | * | 1 Jul 2005 |
| Satellite telecommunications assets - see Table A Telecommunications services (71200) | |||
| Servers (excluding data servers) | 8 | * | 1 Jul 2005 |
| Signal measurement, monitoring and testing assets (including modulation monitors, RF analysers, test signal generators, vectorscopes and waveform monitors) | 12 | * | 1 Jul 2005 |
| Slow motion controllers | 10 | * | 1 Jul 2005 |
| Switchers (including master control, presentation and production switchers) | 10 | * | 1 Jul 2005 |
| Teleprompters | 10 | * | 1 Jul 2005 |
| Translators | 15 | * | 1 Jul 2005 |
| Transmission towers | 40 | * | 1 Jul 2005 |
| Transmitters | 15 | * | 1 Jul 2005 |
| Transmitting masts (for mobile production vehicles) | 10 | * | 1 Jul 2005 |
| Under monitor and tally display systems | 10 | * | 1 Jul 2005 |
| Videocassette recorders | 5 | * | 1 Jul 2005 |
| Videotape players and recorders | 8 | * | 1 Jul 2005 |
[3] Table A, industry category PROPERTY AND BUSINESS SERVICES (77110 to 78690), sub-category Residential property operators (77110), items grouped under the heading 'Assets generally:'
After
| Escalators (machinery and moving parts) | 20 | * | 1 Jan 2003 |
Insert
| Evaporative coolers: | |||
| Fixed (excluding ducting and vents) | 20 | * | 1 Jul 2005 |
| Portable | 10 | * | 1 Jul 2005 |
[4] Table A, industry category PROPERTY AND BUSINESS SERVICES (77110 to 78690), after subcategory Residential property operators (77110)
Insert
|
Buildings, non residential - renting or leasing
(77120) |
|||
| Refer to assets shown in Table B that are used in commercial office buildings | |||
[5] Table A, industry category PROPERTY AND BUSINESS SERVICES (77110 to 78690), sub-category Machinery and equipment hiring and leasing (77410 to 77430)
Omit
| If the asset is hired or leased to and used predominantly by a particular industry see the entry under Table A for that industry. Otherwise see Table B. | * | 1 Jul 2001 |
Insert
| If the asset is hired or leased to and used predominantly by a particular industry and not listed below see the entry under Table A for that industry. | |||
| Air Compressors: | |||
| Air hoses | 1 | * | 1 Jul 2005 |
| Compressors - reciprocating | 7 | * | 1 Jul 2005 |
| Compressors - rotary screw | 10 | * | 1 Jul 2005 |
| Compaction: | |||
| Compactors - flat plate | 8 | * | 1 Jul 2005 |
| Compactors - vertical rammer | 6 | * | 1 Jul 2005 |
| Concreting Assets: | |||
| Brick/paving saws | 5 | * | 1 Jul 2005 |
| Concrete demolition saws | 3 | * | 1 Jul 2005 |
| Concrete kibble buckets | 15 | * | 1 Jul 2005 |
| Concrete mixers | 5 | * | 1 Jul 2005 |
| Concrete surface preparation assets (including floor grinders and planers) | 5 | * | 1 Jul 2005 |
| Concrete trowels (helicopter style) | 10 | * | 1 Jul 2005 |
| Concrete vibrators - brushcutter style | 5 | * | 1 Jul 2005 |
| Concrete vibrators - shaft | 3 | * | 1 Jul 2005 |
| Concrete vibrators - drive unit | 6 | * | 1 Jul 2005 |
| Concrete wheeled saws | 6 | * | 1 Jul 2005 |
| Generators: | |||
| Cables | 5 | * | 1 Jul 2005 |
| Distribution boards | 10 | * | 1 Jul 2005 |
| Diesel | 10 | * | 1 Jul 2005 |
| Petrol | 5 | * | 1 Jul 2005 |
| Generator with attached lighting plant | 10 | * | 1 Jul 2005 |
| Power tools: | |||
| Chainsaws | 3 | * | 1 Jul 2005 |
| Hand tools - air | 5 | * | 1 Jul 2005 |
| Hand tools - battery | 4 | * | 1 Jul 2005 |
| Hand tools - electric | 5 | * | 1 Jul 2005 |
| Jackhammers - air | 7 | * | 1 Jul 2005 |
| Jackhammers - electric | 3 | * | 1 Jul 2005 |
| Nail guns - air | 3 | * | 1 Jul 2005 |
| Welders: | |||
| Cables and handpieces | 5 | * | 1 Jul 2005 |
| Diesel | 10 | * | 1 Jul 2005 |
| Electric | 5 | * | 1 Jul 2005 |
[6] Table A, industry category RETAIL TRADE (51100 to 53295), before subcategory Food retailing (51211 to 51290)
Substitute
| Counters, freestanding (including check-out and service counters) | 10 | * | 1 July 2005 |
| Electronic article surveillance (EAS) system assets (including barcodes or tag deactivators and detachers, door pedestals, electronic tag release assets, receivers and transmitters) | 5 | * | 1 Jul 2005 |
| Floor coverings (removable without damage): | |||
| Carpet | 8 | * | 1 Jul 2005 |
| Floating timber | 10 | * | 1 Jul 2005 |
| Linoleum | 10 | * | 1 Jul 2005 |
| Vinyl | 10 | * | 1 Jul 2005 |
| Furniture, freestanding (including chairs, cupboards, racks, showcases and tables) | 10 | * | 1 Jul 2005 |
| Hot food display assets (including bain marie) | 10 | * | 1 Jul 2005 |
| Overhead track scales (including meat rail scales) | 10 | * | 1 Jul 2005 |
| Roller shutter electric motors | 20 | * | 1 Jul 2005 |
| Shelving | 10 | * | 1 Jul 2005 |
| Trolleys, customer shopping type | 7 | * | 1 Jul 2005 |
| Trolleys, stock type | 10 | * | 1 Jul 2005 |
| Visual display assets (including body forms, head displayers, mannequins and seasonal decorations) | 7 | * | 1 Jul 2005 |
[7] Table A, industry category RETAIL TRADE (51110 to 52230), subcategory Personal and household good retailing (52511 to 52597)
Omit
[8] Table A, industry category RETAIL TRADE (51100 to 53295), before subcategory Motor vehicle retailing and services (53110 to 53295)
Insert
|
Takeaway foods - retailing (52250) |
|||
| See Table A, Pubs, taverns and bars, cafes and restaurants, clubs - hospitality (57200 to 57402) | |||
[9] Table A, industry category TRANSPORT AND STORAGE (61100 to 67090) after subcategory Road transport (61210 to 61232)
Insert
|
Services to road transport n.e.c.
(66190) |
|||
| Electronic toll collection assets: | |||
| Electronic toll collection transponders | 4 | * | 1 Jul 2005 |
| Digital measuring instruments (including vehicle classifiers (laser or infra-red) and electronic toll collection readers (radio frequency)) | 4 | * | 1 Jul 2005 |
| Optical character recognition cameras | 4 | * | 1 Jul 2005 |
[10] Table B, items beginning with B
Omit
| Beverage Dispensing Units: | |||
| Refrigerated fruit juice dispensers | 10 | 1 Jan 2001 | |
| Tea and coffee dispensers | 6 ⅔ | 1 Jan 2001 |
[11] Table B, items beginning with B
Omit
| Boilers | 20 | 1 Jan 2001 |
Insert
| Boilers | 20 | 1 Jul 2005 | |
| Boiler pumps | 5 | * | 1 Jul 2005 |
[12] Table B, items beginning with B
After
| Bowser Tanks (underground) | 13 ⅓ | 1 Jan 2001 |
| Building maintenance units | 35 | * | 1 Jul 2005 |
[13] Table B, items beginning with C, items grouped under the heading 'Carpets:'
Omit
| In business places, picture theatres, hotels, etc | 5 | 1 Jan 2001 | |
| In professional chambers | 10 | 1 Jan 2001 |
Insert
| in commercial office buildings | 8 | * | 1 Jul 2005 |
[14] Table B, items beginning with C
Omit
| Cash Registers | 6 ⅔ | 1 Jan 2001 |
[15] Table B, items beginning with C
Omit
| Coffee Making Machines (espresso) | 13 ⅓ | 1 Jan 2001 |
[16] Table B, items beginning with D
After
| Docks (floating) | 20 | 1 Jan 2001 |
Insert
| Door control and motor drive system for automatic sliding doors and revolving doors (incorporating chains, controls, motors and sensors), excluding doors | 10 | * | 1 Jul 2005 |
[17] Table B, items beginning with D
After
| Dredges | 20 | * | 1 Jan 2003 |
Insert
| Drink dispensing machines | 10 | * | 1 Jul 2005 |
[18] Table B, items beginning with F
Omit
| Furniture and Fittings | 13 ⅓ | 1 Jan 2001 |
Insert
| Furniture, freestanding: | |||
| Bookcases: | |||
| Timber | 15 | * | 1 Jul 2005 |
| Metal | 20 | * | 1 Jul 2005 |
| Cabinets (including credenzas, cupboards, filing, mapping, mobile, stationery and storage type): | |||
| Timber/laminated | 15 | * | 1 Jul 2005 |
| Metal | 20 | * | 1 Jul 2005 |
| Chairs | 10 | * | 1 Jul 2005 |
| Desks | 20 | * | 1 Jul 2005 |
| Mobile storage units (compactus type) | 25 | * | 1 Jul 2005 |
| Reception (including lobby chairs, desks, lounges, sofas and tables) | 10 | * | 1 Jul 2005 |
| Screens | 20 | * | 1 Jul 2005 |
| Tables: | |||
| Boardroom | 20 | * | 1 Jul 2005 |
| General | 10 | * | 1 Jul 2005 |
| Workstations (including desks and partitions) | 20 | * | 1 Jul 2005 |
[19] Table B, items beginning with G
Omit
| Generators | 20 | 1 Jan 2001 |
Insert
| Generators (excluding emergency or standby generators) | 20 | 1 Jul 2005 |
[20] Table B, items beginning with H
Omit
| Hot Water Installations (on whole installation including boilers and, where installed, pumps) | 20 | 1 Jan 2001 |
Insert
| Hot water installations for commercial office buildings (excluding commercial boilers and piping) | 15 | * | 1 Jul 2005 |
[21] Table B, items beginning with I
Omit
| Imprinters (charge card) | 6 ⅔ | 1 Jan 2001 |
[22] Table B, items beginning with L, items grouped under the heading 'Lift:'
Omit
| Scissor | 3 | 1 Jan 2001 |
[23] Table B, items beginning with L
After
| Livestock (working beasts, beasts of burden in business other than Primary Production and Camels) | 10 | 1 Jan 2001 |
Insert
| Loading bay assets: | |||
| Dock levellers | 20 | * | 1 Jul 2005 |
| Pallet jacks and pallet trucks | 10 | * | 1 Jul 2005 |
| Scissor lifts | 15 | * | 1 Jul 2005 |
[24] Table B, items beginning with M
Omit
| Mini-skid steer loaders | 5 | * | 1 Jan 2004 |
Insert
| Mini-skid steer loaders (with a carrying capacity less than or equal to 1100 kg) | 5 | * | 1 Jul 2005 |
[25] Table B, items beginning with M
Omit
| 'Music While You Work' System | 10 | 1 Jan 2001 |
[26] Table B, items beginning with N
Omit
| Neon Sign | 20 | 1 Jan 2001 |
[27] Table B, items beginning with O, items grouped under the heading 'Office machines and equipment:'
After
| Photo copying machines | 5 | * | 1 Jan 2001 |
Insert
| Shredders | 15 | * | 1 Jul 2005 |
| Trolleys | 15 | * | 1 Jul 2005 |
| Whiteboards | 10 | * | 1 Jul 2005 |
[28] Table B, items beginning with O, items grouped under the heading 'Ovens:'
Omit
| Hotel industry | 20 | 1 Jan 2001 |
[29] Table B, items beginning with P
Omit
| Paging and Address Systems | 10 | 1 Jan 2001 |
[30] Table B, items beginning with P
Substitute
| Partitions (demountable) | 20 | 1 Jul 2005 |
[31] Table B, items beginning with P
After
| Plants: | |||
| Live (indoor) | 5 | 1 Jan 2001 | |
| Simulated | 13 ⅓ | 1 Jan 2001 |
Insert
| Point of sale assets: | |||
| Cash registers, standalone type | 10 | * | 1 Jul 2005 |
| Cash transfer system assets, pneumatic type (including circuit boards, printers, transfer pipes and turbines) | 10 | * | 1 Jul 2005 |
| Generally (including barcode scanners, cash drawers, dedicated computers, electronic funds transfer point of sale (EFTPOS) machines, keyboards, monitors, printers and terminals) | 6 | * | 1 Jul 2005 |
| Weighing machines and scales (including weigh labelling machines) | 10 | * | 1 Jul 2005 |
[32] Table B, items beginning with P
After
| Powder Coating Machine | 6 ⅔ | 1 Jan 2001 |
Insert
| Power supply assets, emergency or standby: | |||
| Generator assets: | |||
| Acoustic hoods and canopies | 20 | * | 1 Jul 2005 |
| Generators (incorporating attached engine management and generator monitoring instruments) | 25 | * | 1 Jul 2005 |
| Power management units | 15 | * | 1 Jul 2005 |
| Uninterruptible power supply (UPS) system: | |||
| Line interactive types | 5 | * | 1 Jul 2005 |
| On line double conversion types | 10 | * | 1 Jul 2005 |
[33] Table B, items beginning with P
After
| Projectors | 10 | 1 Jan 2001 |
Insert
| Public address and paging system assets (including amplifiers, audio speakers and microphones) | 12 | * | 1 Jul 2005 |
[34] Table B, items beginning with R
Omit
| Refrigerating Plant and Machinery : | |||
| Cold rooms (prefabricated with stressed skin panels) | 13 ⅓ | 1 Jan 2001 | |
| Condenser pipes | 13 ⅓ | 1 Jan 2001 | |
| Cork board for insulating cold storage chambers | 20 | 1 Jan 2001 | |
| Expansion pipes | 40 | 1 Jan 2001 | |
| General machinery | 13 ⅓ | 1 Jan 2001 | |
| Refrigeration (freezing) units (including compressors for shops) | 10 | 1 Jan 2001 | |
| Refrigerators | 20 | 1 Jan 2001 |
Insert
| Refrigeration assets: | |||
| Generally (including blast chillers, condensers, evaporators, refrigeration cabinets, standalone freezers and standalone refrigerators) | 10 | 1 Jul 2005 | |
| Ice making machines | 8 | 1 Jul 2005 | |
| Insulation panels used in cool or freezer rooms | 40 | 1 Jul 2005 |
[35] Table B, items beginning with S, items grouped under the heading 'Security and monitoring assets:'
Omit
| Electronic tags (releases - retail stores) | 6 ⅔ | 1 Jan 2001 |
[36] Table B, items beginning with S
Omit
| Signs | 20 | 1 Jan 2001 |
Insert
| Signage for business identification (including lighting for signs) | 10 | 1 Jul 2005 |
[37] Table B, items beginning with S, items grouped under the heading 'Swimming pool assets:'
Omit
| Swimming pools: | |||
| Above-ground | 10 | 1 Jan 2001 | |
| Concrete | 50 | 1 Jan 2001 | |
| Fibreglass | 20 | 1 Jan 2001 |
Insert
| Swimming pools(used as plant in a business):: | |||
| Above-ground | 10 | 1 Jul 2005 | |
| Concrete | 50 | 1 Jul 2005 | |
| Fibreglass | 20 | 1 Jul 2005 |
[38] Table B, items beginning with T, items grouped under the heading 'Telephone installations:'
After
| Reservation system (data print) | 20 | 1 Jan 2001 |
Insert
| Telephone hand sets | 10 | * | 1 Jul 2005 |
[39] Table B, items beginning with W
After
| Windmills | 20 | 1 Jan 2001 |
Insert
| Window blinds used in commercial buildings | 20 | * | 1 Jul 2005 |
3 June 2005
BRUCE WILLIAM QUIGLEY,
Deputy Chief Tax Counsel
Registration Number: F2005L01567
Registration Date: 20 June 2005
Related Explanatory Statements:
Effective Life 2005/1 - Explanatory statement