Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 2) 2020
Reference: Effective Life 2020/2
Document type: Legislative Instrument
Enabling act: Income Tax Assessment Act 1997
Date of issue: 12 June 2020
Signatory: Louise Clarke Policy, Analysis and Legislation Law Design and Practice
Registration number: F2020L00808
Registration date: 26 June 2020


1. Name of Instrument: This determination is the Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 2) 2020. | 2. Commencement: This instrument commences on 1 July 2020. | 3. Amendment of Income Tax (Effective Life of Depreciating Assets) Determination 2015: Schedule 1 amends the Income Tax (Effective Life of Depreciating Assets) Determination 2015 - F2015L00798 registered on 11 June 2015. | 4. Definitions - meaning of symbols used in Tables A and B: An asterisk (*) in the third column of Tables A and B indicates the corresponding assets have been reviewed to date as part of the ongoing review of the Commissioner's effective life determinations. A hash (#) in the third column of Table A or B indicates a capped life is available for the depreciating assets under section 40-102 of the Income Tax Assessment Act 1997 . A plus (+) in the third column of Table A indicates an immediate deduction is available to primary producers for the depreciating assets under Subdivision 40-F of the Income Tax Assessment Act 1997 subject to satisfaction of the required conditions. (section 3) [1] Heading to Table A Omit Table A as at 1 July 2019 Substitute Table A as at 1 July 2020 [2] Table A, industry category AGRICULTURE, FORESTERY AND FISHING (01110 to 05290), sub-category Coffee, olive and tree nut growing (01370, 01390 to 01590) Omit Tree shakes 10 *# 1 Jul 2007 Substitute Tree shakers 10 *# 1 Jul 2007 [3] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Fruit and vegetable processing (11400) Omit Coolrooms - see Table B Refrigeration assets Substitute Cool rooms - see Table B Refrigeration assets [4] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Petroleum refining (17010) Before: Oil refinery assets: Insert Assets used to manufacture condensate, crude oil, domestic gas, liquid natural gas (LNG) or liquid petroleum gas (LPG) but not if the manufacture occurs in an oil refinery - see Table A Oil and gas extraction (07000) [5] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Glass and glass product manufacturing (20100) Omit Vertical masts and other elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 67200), elevating work platforms (EWPs) Substitute Vertical masts and other elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 66400), Elevating work platforms (EWPs) [6] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Motor vehicle manufacturing (23110) Omit Elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 67200), Elevating work platforms (EWPs) Substitute Elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 66400), Elevating work platforms (EWPs) [7] Table A, industry category MANUFACTURING (11110 to 25990), After sub-category Railway rolling stock manufacturing and repair services (23930) Insert Aircraft manufacturing and repair services (23940) ASSET LIFE (YEARS) REVIEWED DATE OF APPLICATION Air compression assets: Generally (including air compressors, air dryers and air receivers) (excluding portable air compressors) 13 * 1 Jul 2020 Portable: Reciprocating 7 * 1 Jul 2020 Rotary screw 10 * 1 Jul 2020 Aircraft testing and measurement equipment: Instrumentation, dynamometers and calibrating equipment (including testing equipment for engines, radios) 10 * 1 Jul 2020 Maintenance stands (including rigs and engine stands) 20 * 1 Jul 2020 Test cell tunnels 40 * 1 Jul 2020 Air start units 15 * 1 Jul 2020 Benches and tables 10 * 1 Jul 2020 Borescope equipment: Fixed probes 3 * 1 Jul 2020 Flexible probes 3 * 1 Jul 2020 Light source 5 * 1 Jul 2020 Video scopes 5 * 1 Jul 2020 Cabin pressurisation test units 15 * 1 Jul 2020 Carbon fibre cutters used in manufacturing 10 * 1 Jul 2020 Computer numerical control (CNC) machines 10 * 1 Jul 2020 Cranes (gantry and overhead) 25 * 1 Jul 2020 Degreasing machines (including washing machines) 7 * 1 Jul 2020 Elevating work platforms: Boom lifts 15 * 1 Jul 2020 Personnel lifts 10 * 1 Jul 2020 Scissor lifts 10 * 1 Jul 2020 Hand tools, manual (including screw drivers, spanners, wrenches) 10 * 1 Jul 2020 Hand tools, powered: 1 Jul 2020 Air 5 * 1 Jul 2020 Battery 3 * 1 Jul 2020 Electric 5 * 1 Jul 2020 Hydraulic power units (including hydraulic mules) 15 * 1 Jul 2020 Industrial autoclaves 30 * 1 Jul 2020 Industrial ovens 15 * 1 Jul 2020 Jacks 10 * 1 Jul 2020 Maintenance work platforms 20 * 1 Jul 2020 Measuring tools, manually operated (including vernier calipers, micrometers, depth gauges, tyre pressure gauges) 5 * 1 Jul 2020 Metal working precision machines (including automatic lathes, milling machines, jig borers) 10 * 1 Jul 2020 Mobile cranes 10 * 1 Jul 2020 Nitrogen carts 15 * 1 Jul 2020 Oxygen carts 15 * 1 Jul 2020 Racks 20 * 1 Jul 2020 Robots 10 * 1 Jul 2020 Sandblasters 7 * 1 Jul 2020 Sheet metal machines (including benders and folders, guillotines and roll formers) 15 * 1 Jul 2020 Tow bars 10 * 1 Jul 2020 Tow tractors: Generally (excluding remote controlled tugs) 20 * 1 Jul 2020 Remote controlled tugs 10 * 1 Jul 2020 Tyre bead breakers 15 * 1 Jul 2020 Welders - see Table B Welders [8] Table A, industry category CONSTRUCTION (30110 to 32900) Omit 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) Substitute Traffic management assets (use the relevant lives given under Table A Rental and hiring services (except real estate) (66110 to 66400), whether or not the assets are in fact hired or leased) [9] Table A, industry category WHOLESALE TRADE (33110 TO 38000) Omit Pallet conveyers see Table B Warehouse and distribution centres Substitute Pallet conveyers - see Table B Warehouse and distribution centre equipment and machines [10] Table A, industry category RETAIL TRADE (39110 to 43209) Omit Generator assets: Acoustic hoods and canopies 20 * 1 Jul 2005 Generators (incorporating attached engine management and generator monitoring instrument) 25 * 1 Jul 2005 Power management unit 15 * 1 Jul 2005 Substitute Generator assets - see Table B Power supply assets [11] Table A, industry category RETAIL TRADE (39110 to 43209), After sub-category Food retailing (41100 to 41290) Insert Supermarket and grocery stores (41100) ASSET LIFE (YEARS) REVIEW DATE OF APPLICATION Bakery assets: Bakery display assets, non-refrigerated (including freestanding display cabinets, cases, racks, shelves and stands) 10 * 1 Jul 2020 Bakery trolleys 12 * 1 Jul 2020 Bread slicers 10 * 1 Jul 2020 Bun divider rounders 10 * 1 Jul 2020 Doughnut making machines 8 * 1 Jul 2020 Hydraulic dough dividers 10 * 1 Jul 2020 Mixers (including planetary and spiral mixers) 10 * 1 Jul 2020 Moulders 12 * 1 Jul 2020 Ovens 10 * 1 Jul 2020 Provers and retarder provers 8 * 1 Jul 2020 Butcher assets: Bandsaws 10 * 1 Jul 2020 Meat: Mincers 10 * 1 Jul 2020 Tenderisers 10 * 1 Jul 2020 Meat trolleys 12 * 1 Jul 2020 Sausage filling machines 10 * 1 Jul 2020 Deli Assets: Cheese cutters 10 * 1 Jul 2020 Cheese graters 10 * 1 Jul 2020 Coffee making machines (including espresso and drip filter type machines) 5 * 1 Jul 2020 Contact grills 10 * 1 Jul 2020 Deep fryers 10 * 1 Jul 2020 Deli slicers 10 * 1 Jul 2020 Hot food display assets (including bain marie, hot boxes and pie warmers) 10 * 1 Jul 2020 Juicing machines, commercial type 8 * 1 Jul 2020 Ovens (including chicken ovens and smoker ovens) 10 * 1 Jul 2020 Popcorn machines 8 * 1 Jul 2020 Sushi making assets (including rice cookers, rice mixers and sushi robots) 7 * 1 Jul 2020 Produce assets: Display barrels 10 * 1 Jul 2020 Produce bins 12 * 1 Jul 2020 Scales (including bench scales and hanging scales) 8 * 1 Jul 2020 Refrigeration and freezing assets: Compressors, condensers and evaporators 10 * 1 Jul 2020 Freezers and refrigerators generally (including refrigeration cabinets and cases, standalone chillers, standalone freezers and standalone refrigerators) 10 * 1 Jul 2020 Insulation panels used in cool or freezer rooms 30 * 1 Jul 2020 Night blinds/covers 10 * 1 Jul 2020 Support and other assets: Automatic entrance swing gates 10 * 1 Jul 2020 Balers (for cardboard and plastic) - see Table B Warehouse and distribution centre equipment and machines Benches (stainless steel), free standing 20 * 1 Jul 2020 Bin lifters 15 * 1 Jul 2020 Cash handling assets: Coin counters and sorters 10 * 1 Jul 2020 Note counters and sorters 10 * 1 Jul 2020 Safes 15 * 1 Jul 2020 Cigarette cabinets, free standing 15 * 1 Jul 2020 Counters, free standing (including checkout and service counters) 10 * 1 Jul 2020 Dishwashers 10 * 1 Jul 2020 Display racks and stands (including magazine racks/stands) 10 * 1 Jul 2020 Hot water systems (excluding piping) 12 * 1 Jul 2020 Label printers 5 * 1 Jul 2020 Label printing scales 8 * 1 Jul 2020 Labelling guns 5 * 1 Jul 2020 Microwave ovens 5 * 1 Jul 2020 Nut grinders/peanut butter makers 5 * 1 Jul 2020 Packaging assets: Automatic labelling wrappers, modified atmosphere packaging (MAP) and vacuum chamber packaging machines 10 * 1 Jul 2020 Benchtop heat wrappers 10 * 1 Jul 2020 Point of sale assets: Generally (excluding self-checkout registers) - see Table B Point of sale assets Self-checkout registers 6 * 1 Jul 2020 Power generators (emergency or standby) 20 * 1 Jul 2020 Racking 20 * 1 Jul 2020 Range hood exhaust fans 12 * 1 Jul 2020 Safety steps 10 * 1 Jul 2020 Shelving 15 * 1 Jul 2020 Signage: Aisle signs 7 * 1 Jul 2020 Others (such as advertising signs and signage for business identification) - see Table B Advertising signs Stock ladders 12 * 1 Jul 2020 Trolleys, customer shopping type 7 * 1 Jul 2020 Trolleys, stock type (including roll cages, platform trolleys, etc) 10 * 1 Jul 2020 UV insect exterminators 7 * 1 Jul 2020 [12] Table A, industry category TRANSPORT, POSTAL AND WAREHOUSING (46100 TO 53090), sub-category Airport operations and other air transport support services (52200) Omit Aircraft maintenance assets: Aircraft testing equipment 13 ⅓ 1 Jan 2001 General plant and machinery 20 1 Jan 2001 Hangar fixtures and fittings 20 1 Jan 2001 Plant subject to excessive corrosion 10 1 Jan 2001 Precision machines and plant 10 1 Jan 2001 Substitute Aircraft maintenance assets - see Table A Aircraft manufacturing and repair services (23940) [13] Table A, industry category PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES (69100 to 70000), sub-category Scientific testing and analysis services (69250) Omit Mineral processing and metallurgical laboratory assets: Substitute Mineral processing and metallurgical laboratory assets: [14] Table A, industry category PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES (69100 to 70000), sub-category Scientific testing and analysis services (69250) Omit Solvent extraction & electro winning equipment 15 * 1 Jul 2019 Substitute Solvent extraction & electrowinning equipment 15 * 1 Jul 2019 [15] Table A, industry category PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES (69100 to 70000), sub-category Scientific testing and analysis services (69250) Omit Carbon and Sulphur analysers 7 * 1 Jul 2019 Substitute Carbon and sulphur analysers 7 * 1 Jul 2019 [16] Table A, industry category EDUCATION AND TRAINING (80100 to 82200) Omit Kindergarten furniture and play equipment 5 1 Jan 2001 Substitute Kindergarten furniture an play equipment - see Table A Child care services (87100) [17] Table A, industry category HEALTH CARE AND SOCIAL ASSISTANCE (84010 to 87900), After sub-category Hospitals (84010 to 84020) Insert General practice medical services (85110) ASSET LIFE (YEARS) REVIEWED DATE OF APPLICATION Anatomical medical models, plastic 10 * 1 Jul 2020 Autoclaves and sterilisers 8 * 1 Jul 2020 Automated ankle brachial pressure index (ABPI) measurement devices 6 * 1 Jul 2020 Automated external defibrillators (AEDs) - see Table B Blood coagulation (INR) meters 5 * 1 Jul 2020 Cryosurgical assets: Cryosurgical flasks and guns 5 * 1 Jul 2020 Liquid nitrogen storage dewers and tanks 10 * 1 Jul 2020 Dermatoscopes 5 * 1 Jul 2020 Ear irrigators 5 * 1 Jul 2020 Electrocardiograph (ECG) machines 7 * 1 Jul 2020 Examination lights: Desktop/trolley 3 * 1 Jul 2020 Procedure 7 * 1 Jul 2020 Foetal heart monitors, external 7 * 1 Jul 2020 Hyfrecators - electrosurgical units 6 * 1 Jul 2020 Magnifying loupes 10 * 1 Jul 2020 Medical examination beds (adjustable/electric) 8 * 1 Jul 2020 Medical plaster saws 7 * 1 Jul 2020 Medical refrigerators 8 * 1 Jul 2020 Nebulisers 5 * 1 Jul 2020 Ophthalmoscopes, direct and otoscopes 6 * 1 Jul 2020 Oxygen tank regulators 10 * 1 Jul 2020 Portable observation machines (including vital signs monitors) 7 * 1 Jul 2020 Privacy curtains and rails 8 * 1 Jul 2020 Pulse oximeters 4 * 1 Jul 2020 Resuscitation kits 15 * 1 Jul 2020 Saddle chairs 7 * 1 Jul 2020 Scales: Baby scales 3 * 1 Jul 2020 General, heavy duty, mother/baby scales 5 * 1 Jul 2020 Sphygmomanometers (including aneroid and digital) 5 * 1 Jul 2020 Spirometers 7 * 1 Jul 2020 Stethoscopes 10 * 1 Jul 2020 Suction machines, portable 8 * 1 Jul 2020 Surgical instruments (including forceps, needle holders, scissors, skin graft knives) 8 * 1 Jul 2020 Thermometers, digital 4 * 1 Jul 2020 Trolleys (including instrument and treatment trolleys) 10 * 1 Jul 2020 Wheelchairs 8 * 1 Jul 2020 X-ray viewers 10 * 1 Jul 2020 [18] Table A, industry category HEALTH CARE AND SOCIAL ASSISTANCE (84010 to 87900), sub-category Retirement village and accommodation for the aged operation (86011 to 86012) Omit Small appliances (including food processors, blenders, stick mixers) 4 * 1 Jul 2019 Substitute Small appliances (including blenders, food processors, meat slicers, stick mixers) 4 * 1 Jul 2019 [19] Table A, industry category HEALTH CARE AND SOCIAL ASSISTANCE (84010 to 87900), After sub-category Retirement village and accommodation for the aged operation (86011 to 86012) Insert Child care services (87100) ASSET LIFE (YEARS) REVIEWED DATE OF APPLICATION Audio visual assets 5 * 1 Jul 2020 Augmented reality (AR) interactive sandboxes (incorporating projectors) 5 * 1 Jul 2020 Electronic whiteboards (including touch screen interactive digital boards) 6 * 1 Jul 2020 Furniture used by children, freestanding: Age specific (including cots, changing tables, floor sleeping mattresses, high and low feeding chairs, and stackable beds) 5 * 1 Jul 2020 Carpet mats (including rugs and floor mats/cushions) 5 * 1 Jul 2020 Others (including bookcases, chairs and sofas, coat/dress-up racks, easels, room dividers, tables and storage shelving units) 10 * 1 Jul 2020 Play area assets: Furniture, freestanding (including tables, seating and toy storage boxes) 5 * 1 Jul 2020 Pet enclosures and structures, freestanding (including bird aviaries ,chicken coops, fish tanks, guinea pig cages and rabbit hutches) 10 * 1 Jul 2020 Playground flooring: Artificial grass/synthetic lawn 7 * 1 Jul 2020 Soft fall flooring (including wet pour rubber and rubber mats) 5 * 1 Jul 2020 Playsets (including cubby houses, forts, slides, swing sets and trestle frames) 8 * 1 Jul 2020 Pole and post padding/protectors 5 * 1 Jul 2020 Sandpits, freestanding (including portable sandpits and sandpit covers) 7 * 1 Jul 2020 Tents, portable (including gazebos, marquees and tepee play tents) 5 * 1 Jul 2020 Toys (not specified elsewhere) 3 * 1 Jul 2020 Tricycles and bicycles (including balance bicycles and tricycle scooters) 5 * 1 Jul 2020 Water play area filtration assets and water pumps 7 * 1 Jul 2020 Support assets: Automated external defibrillators (AEDs) - see Table B Automated external defibrillators (AEDs) Fascia signs (including freestanding signs) - see Table B Advertising signs Fire control and alarm assets - see Table B Fire control and alarm assets Floor coverings - see Table B Floor coverings (removable without damage) Garden sheds, freestanding 15 * 1 Jul 2020 Hand dryers - see Table B Hand dryers (electrical) Kiosk stands, freestanding 10 * 1 Jul 2020 Kitchen assets: Dishwashers 5 * 1 Jul 2020 Food cooking assets (including combination ovens, cooktops, fryers, soup kettles and stoves) 10 * 1 Jul 2020 Grease traps 10 * 1 Jul 2020 Kitchen trolleys 5 * 1 Jul 2020 Microwave ovens 5 * 1 Jul 2020 Refrigerators/freezers 10 * 1 Jul 2020 Small appliances (including blenders, food processors, mixers and toasters) 4 * 1 Jul 2020 Laundry assets: Dryers 5 * 1 Jul 2020 Washing machines 5 * 1 Jul 2020 Reception furniture, freestanding (including lobby chairs, desks, lounges, sofas and tables) - see Table B Office furniture, freestanding Security and monitoring assets - see Table B Security and monitoring assets Steam cleaners 3 * 1 Jul 2020 Strollers: Commercial multi seat (including buggies) 10 * 1 Jul 2020 Others 5 * 1 Jul 2020 Time attendance devices (including fingerprint and vein scanners) 7 * 1 Jul 2020 Vacuum cleaners 3 * 1 Jul 2020 Table games 5 * 1 Jul 2020 Television sets 8 * 1 Jul 2020 [20] Table A, industry category OTHER SERVICES (94100 to 96030), sub-category Funeral, crematorium and cemetery services (95200) Omit Funeral directors' plant 20 1 Jan 2001 Substitute Cemetery assets: Casket lowering devices 10 * 1 Jul 2020 Mini excavators and skid steer loaders 10 * 1 Jul 2020 Crematorium assets: Ash processors/granulators 7 * 1 Jul 2020 Cremators 20 * 1 Jul 2020 Dust collection assets 10 * 1 Jul 2020 Funeral assets: Bench seating 10 * 1 Jul 2020 Broadcasting equipment (including audio visual devices and streaming equipment) 5 * 1 Jul 2020 Church trolleys/trucks 15 * 1 Jul 2020 Coffin racks 13 * 1 Jul 2020 Engravers: Electronic/laser cutters 7 * 1 Jul 2020 Manual 20 * 1 Jul 2020 Lecterns 15 * 1 Jul 2020 Scissor lift tables - see Table B Loading bay assets General assets: Funeral coaches/hearses 15 * 1 Jul 2020 Mortuary cots/stretchers 15 * 1 Jul 2020 Refrigeration assets: Cool rooms - see Table B Refrigeration assets Refrigeration racks 20 * 1 Jul 2020 Scales: Animal scales 5 * 1 Jul 2020 Platform scales - see Table B Transfer vehicles (including fitouts) - see Table B Motor vehicles and trailers - Generally Mortuary assets: Embalming machines 10 * 1 Jul 2020 Embalming/morgue tables 15 * 1 Jul 2020 Floor coverings - linoleum and vinyl (removable without damage) 15 * 1 Jul 2020 Hoists and lifting machines 10 * 1 Jul 2020 Hydro-aspirators 10 * 1 Jul 2020 [21] Heading to Table B Omit Table B as at 1 July 2019 Substitute Table B as at 1 July 2020 [22] Table B, items beginning with A After Artworks qualifying as depreciating assets (restricted to works of art and reproductions of artwork that are tangible in nature, such as paintings, sculptures, drawings, engravings and photographs, that are displayed in open viewing areas in premises used for taxable purposes including reception areas, waiting rooms and foyers) 100 * 1 Jul 2013 Insert Automated external defibrillators (AEDs) 8 * 1 Jul 2020