Federal Register of Legislation - Australian Government

Primary content

Determinations/Taxation as amended, taking into account amendments up to Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2014 (No. 1)
Administered by: Treasury
Registered 03 Jul 2014
Start Date 01 Jul 2014
End Date 01 Jul 2015
Date of repeal 01 Jul 2015
Repealed by Income Tax (Effective Life of Depreciating Assets) Determination 2015
Table of contents.

Description: Commonwealth Coat of Arms

Income Tax (Effective Life of Depreciating Assets) Determination 2001

as amended

made under subsection 40-100(1) of the

Income Tax Assessment Act 1997

Compilation start date:                     1 July 2014

Includes amendments up to:               Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2014 (No. 1)

This compilation has been split into 2 volumes

Volume 1:       sections 1 to 3 and Table A (Industry Categories)

Volume 2:       Table B (Asset Categories) and the Endnotes

Each volume has its own contents

About this compilation

The compiled instrument

This is a compilation of the Income Tax (Effective Life of Depreciating Assets) Determination 2001 as amended and in force on 1 July 2014. It includes any amendment affecting the compiled instrument to that date.

This compilation was prepared on 1 July 2014.

The notes at the end of this compilation (the endnotes) include information about amending Acts and instruments and the amendment history of each amended provision.

Uncommenced provisions and amendments

If a provision of the compiled instrument is affected by an uncommenced amendment, the text of the uncommenced amendment is set out in the endnotes.

Application, saving and transitional provisions for amendments

If the operation of an amendment is affected by an application, saving or transitional provision, the provision is identified in the endnotes.

Modifications

If a provision of the compiled instrument is affected by a textual modification that is in force, the text of the modifying provision is set out in the endnotes.

Provisions ceasing to have effect

If a provision of the compiled instrument has expired or otherwise ceased to have effect in accordance with a provision of the instrument, details of the provision are set out in the endnotes.

  

  

  

 


1  Name of Determination

                   This Determination is the Income Tax (Effective Life of Depreciating Assets) Determination 2001.

2  Commencement

                   This Determination is taken to have commenced on 1 July 2001.

3  Effective life of depreciating assets

             (1)  For subsection 40‑100 (1) of the Income Tax Assessment Act 1997, the effective life of depreciating assets is specified in Tables A and B.

             (2)  If the entity deducting an amount for a depreciating asset is using the asset in an industry specified in Table A, Tables A and B are to be used as follows:

                     (a)  if the asset corresponds exactly to a description in Table A for the industry in which the asset is used, its effective life is the life specified for that asset;

                     (b)  if the asset:

                              (i)  does not correspond exactly to a description in Table A for the industry in which the asset is used; but

                             (ii)  satisfies the general description of asset used in the functional process of that industry—

                            its effective life is the life specified in Table A for that class of asset;

                     (c)  if:

                              (i)  paragraphs (a) and (b) do not apply to the asset; and

                             (ii)  the asset corresponds to a description in Table B—

                            its effective life is the life specified with that description.

Note:          Table A is intended to describe assets:

·      that are peculiar to a particular industry; or

·      for which a particular effective life is appropriate because of the way in which a particular industry uses the asset.

                   The industry headings in Table A have, where possible, been drawn from the classification subject categories in the Australian and New Zealand Standard Industrial Classification (ANZSIC) Codes.

             (3)  If:

                     (a)  the entity deducting an amount for a depreciating asset is not using the asset in an industry specified in Table A; and

                     (b)  the asset corresponds to a description in Table B—

                   the effective life of the asset is the life specified with that description.

Note:          If Tables A and B are not used, or cannot be used because:

·      the asset is not used in an industry specified in Table A; and

·      Table B has no description that corresponds to the asset—

the way to work out the effective life of the asset is explained in section 40‑105 of the Income Tax Assessment Act 1997.

 


Effective lives (Industry Categories)       

Table A as at 1 July 2014   

 

AGRICULTURE, FORESTRY AND FISHING

(01110 to 05290)

 

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

All terrain vehicles (ATVs) used in primary production activities

  5

*

1 Jul 2007

Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos)

20

*

1 Jul 2006

Fences (excluding stockyard, pen and portable fences): Being fencing constructed at a time for a particular function (eg a line of fencing forming a side of a boundary or paddock) not being in the nature of a repair :

 

 

 

      General (incorporating anchor assemblies,       intermediate posts, rails, wires, wire mesh and       droppers)

30

*

1 Jul 2008

      Electric

20

*

1 Jul 2008

Fence energisers for electric fences:

 

 

 

      Mains power

10

*

1 Jul 2008

      Portable

  5

*

1 Jul 2008

Fertigation systems:

 

 

 

      Pumps

  3

*

1 Jul 2008

      Tanks

10

*

1 Jul 2008

Grading and packing line assets used on farm:

 

 

 

      Banana assets:

 

 

 

             Air rams

  3

*

1 Jul 2008

             Bunch lines

10

*

1 Jul 2008

             Choppers/mulchers

  8

*

1 Jul 2008

             Rails (including points)

15

*

1 Jul 2008

             Scrap conveyors

  5

*

1 Jul 2008

             Tops

  8

*

1 Jul 2008

             Water troughs

10

*

1 Jul 2008

      Coffee assets:

 

 

 

             Dryers

15

*

1 Jul 2008

             Processors (including pulpers)

10

*

1 Jul 2008

             Fermentation tanks

10

*

1 Jul 2008

             Hullers

12

*

1 Jul 2008

             Washers/separators

10

*

1 Jul 2008

      General assets:

 

 

 

             Bin tippers

15

*

1 Jul 2008

             Conveyors (including elevators)

10

*

1 Jul 2008

             Drying tunnels

15

*

1 Jul 2008

             Fungicide units

12

*

1 Jul 2008

             Receival hoppers (including water dumps)

15

*

1 Jul 2008

             Tables (including packing and sorting tables)

15

*

1 Jul 2008

             Washing assets (including brush and barrel
             washer)

10

*

1 Jul 2008

             Waxing assets

12

*

1 Jul 2008

      Graders:

 

 

 

             Electronic

10

*

1 Jul 2008

             Mechanical

15

*

1 Jul 2008

             Optical

  8

*

1 Jul 2008

      Labelling assets:

 

 

 

     Labelling applicators (including in line labellers)

  8

*

1 Jul 2008

             Labelling guns

  3

*

1 Jul 2008

      Olive oil processing assets

15

*

1 Jul 2008

      Tree nut assets:

 

 

 

             De-husking units

  8

*

1 Jul 2008

             Drying silos

20

*

1 Jul 2008

             Trommels

15

*

1 Jul 2008

      Packing assets (including bagging and wrapping       machines)

10

*

1 Jul 2008

      Scales (excluding platform scales)

  5

*

1 Jul 2008

Livestock grids

40

*

1 Jul 2008

Motorcycles used in primary production activities

  5

*

1 Jul 2007

Post driver/hole diggers

10

*

1 Jul 2008

Protective structures (including shade houses and netting constructions)

20

*

1 Jul 2006

Sheds on land that is used for agricultural or pastoral operations (including machinery sheds, workshop sheds and farm production sheds)

40

*

1 Jan 2007

Tractors

12

*#

1 Jul 2007

Water assets:

 

 

 

      Bores

30

*

1 Jul 2008

      Dams (including earth or rock fill and turkey nests)

40

*

1 Jul 2008

      Dam liners and covers

20

*

1 Jul 2008

      Effluent channels

40

*

1 Jul 2008

      Effluent recycle tanks

12

*

1 Jul 2008

      Effluent sedimentation ponds

40

*

1 Jul 2008

      Irrigation assets:

 

 

 

             Drip, micro spray or mini sprinkler systems:

 

 

 

                   Above ground polyethylene pipes

10

*

1 Jul 2008

                   Drippers, micro sprays and mini sprinklers

  5

*

1 Jul 2008

                   Control systems

10

*

1 Jul 2008

                   Filtration systems

15

*

1 Jul 2008

                   Pumps

12

*

1 Jul 2008

                   Variable speed drives

15

*

1 Jul 2008

             Irrigation earth channels

40

*

1 Jul 2008

             Irrigators (including centre pivot, lateral and              travelling gun):

 

 

 

                   Fresh water

20

*

1 Jul 2008

                   Effluent

10

*

1 Jul 2008

      Pumps:

 

 

 

             Bore pumps, effluent and manure pumps

  7

*

1 Jul 2008

             Other

12

*

1 Jul 2008

      Water mains:

 

 

 

             Aluminium

20

*

1 Jul 2008

             Galvanised steel

25

*

1 Jul 2008

             Polyethylene

20

*

1 Jul 2008

             PVC

30

*

1 Jul 2008

      Water tanks:

 

 

 

             Concrete

30

*

1 Jul 2008

             Galvanised steel

25

*

1 Jul 2008

             Polyethylene

15

*

1 Jul 2008

      Water troughs:

 

 

 

 

             Concrete

25

*

1 Jul 2008

 

             Galvanised steel

15

*

1 Jul 2008

 

             Polyethylene

10

*

1 Jul 2008

 

      Windmills

30

*

1 Jul 2008

 

Water pressure cleaners

  5

*

1 Jul 2008

 

 

Agriculture

(01110 to 01990)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Bee farming plant:

 

 

 

      Beehives

131/3

 

1 Jan 2001

      Processing plant

20

 

1 Jan 2001

Bridges (wooden)

20

 

1 Jan 2001

Grain, cotton, peanut and rice assets:

 

 

 

      Chemical spraying assets:

 

 

 

             Generally (including broad acre trailed or linkage boom and utility)

10

*

1 Jan 2007

             Self-propelled

8

*

1 Jan 2007

      General assets:

 

 

 

             Aeration assets:

 

 

 

                   Controllers

10

*

1 Jan 2007

                   Kits

15

*

1 Jan 2007

             Augers (including conveyors)

15

*

1 Jan 2007

             Dryers

20

*

1 Jan 2007

             Moisture meters

5

*

1 Jan 2007

             Mulchers

10

*

1 Jan 2007

             Peanut pre-cleaners

10

*

1 Jan 2007

             Slashers

7

*

1 Jan 2007

      Harvesting assets:

 

 

 

             Boll buggies

15

*

1 Jan 2007

             Chaser bins

15

*

1 Jan 2007

             Combine harvesters

12

*#

1 Jul 2007

             Cotton picker/strippers

10

*#

1 Jul 2007

             Field bins

20

*

1 Jan 2007

             Fuel trailers

15

*

1 Jan 2007

             Module builders

15

*

1 Jan 2007

             Module tarpaulins

5

*

1 Jan 2007

             Peanut diggers (including peanut pullers)

10

*#

1 Jan 2007

             Peanut threshers

12

*#

1 Jul 2007

       Precision farming assets (including GPS, controllers, lightbars, variable rate technology assets) (excluding hydraulic automated steering)

5

*

1 Jan 2007

      Seeding and fertilizing assets:

 

 

 

             Fertilizer spreaders (including linkage and trailed)

10

*

1 Jan 2007

             Planters (including bar, box, combined seeders, precision planters and row crop planters)

15

*

1 Jan 2007

             Seed and fertilizer bins

15

*

1 Jan 2007

      Tillage assets:

 

 

 

             Generally

15

*

1 Jan 2007

             Harrows

5

*

1 Jan 2007

             Laser controlled scraping assets:

 

 

 

                   Transmitters

7

*

1 Jan 2007

                   Buckets

10

*

1 Jan 2007

             Rippers

10

*

1 Jan 2007

Harvester/sweeper

62/3

#

1 Jan 2001

Hay and foraging assets:

 

 

 

       Bale handling attachments (including accumulator grabs, bale stackers, hay forks/spikes/spears (incorporating metal frame), round bale grabs)

12

*

1 Jan 2007

      Balers

10

*

1 Jan 2007

      Bale wrappers

10

*

1 Jan 2007

      Baler and wrappers

10

*

1 Jan 2007

      Forage harvesters

10

*#

1 Jul 2007

       Hay rakes (including finger wheel, rotary and parallel)

10

*

1 Jan 2007

      Moisture probes

5

*

1 Jan 2007

      Mower conditioners:

 

 

 

             Self-propelled:

 

 

 

                   Attachments

8

*

1 Jan 2007

                   Prime movers

12

*

1 Jan 2007

             Trailed

8

*

1 Jan 2007

      Super conditioners (hay re-conditioners)

8

*

1 Jan 2007

      Tedders

10

*

1 Jan 2007

      Trailed bale handling assets:

 

 

 

             Big square bale stackers

10

*

1 Jan 2007

          Generally (including accumulators and bale carriers)

15

*

1 Jan 2007

      Windrowers:

 

 

 

             Self-propelled:

 

 

 

                   Attachments

8

*

1 Jan 2007

                   Prime movers

12

*

1 Jan 2007

             Trailed

8

*

1 Jan 2007

Hop growers’ plant:

 

 

 

      Hop picking machines

131/3

 

1 Jan 2001

      Kilns

20

 

1 Jan 2001

Horse stalls (Breeze way, Shed row)

331/3

 

1 Jan 2001

Horticultural plants:

 

 

 

      Citrus:

 

 

 

             Grapefruit

30

*

1 Jan 2001

             Lemon

20

*

1 Jan 2001

             Limes

20

*

1 Jan 2001

             Mandarin

25

*

1 Jan 2001

             Orange

30

*

1 Jan 2001

      Grapevines, dried

15

*

1 Oct 2004

      Grapevines, table

15

*

1 Oct 2004

      Grapevines, wine

20

*

1 Oct 2004

      Nuts:

 

 

 

             Almond

25

*

1 Jul 2001

             Cashew

25

*

1 Jul 2001

             Chestnut

25

*

1 Jul 2001

             Hazelnut

25

*

1 Jul 2001

             Jojoba

30

*

1 Jul 2001

             Macadamia

25

*

1 Jul 2001

             Pecan

25

*

1 Jul 2001

             Pistachio

25

*

1 Jul 2001

             Walnut

25

*

1 Jul 2001

      Pome:

 

 

 

             Apple

20

*

1 Jan 2001

             Pear

25

*

1 Jan 2001

      Stone Fruit:

 

 

 

             Apricots

10

*

1 Jan 2001

             Cherries

18

*

1 Jan 2001

             Nectarine

10

*

1 Jan 2001

             Olives

30

*

1 Jan 2001

             Peach

10

*

1 Jan 2001

             Plum

15

*

1 Jan 2001

             Prune

20

*

1 Jan 2001

      Tropical:

 

 

 

             Avocado

20

*

1 Jan 2001

             Mango

30

*

1 Jan 2001

Levee banks and revetments

40

 

1 Jan 2001

Pea-viners, pea cleaners, vine and straw conveyors

10

 

1 Jan 2001

Silos:

 

 

 

      Ancillary equipment

20

 

1 Jan 2001

      Grain (metal)

30

*

1 Jul 2001

Stud stock and thoroughbred horses

10

 

1 Jan 2001

Trellis

20

 

1 Jan 2001

 

Sheep farming

(01410)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Crutching machines, portable type

10

*

1 Jan 2007

Dipping and spraying assets for parasite control:

 

 

 

      Jet spray system assets (including the race or       handler dedicated to the jet spray system)

10

*

1 Jan 2007

      Mobile plunge dips

5

*

1 Jan 2007

Feeders (including grain feeders, oat feeders, hay feeders)

15

*

1 Jan 2007

Footbaths

10

*

1 Jan 2007

Instruments for measuring wool fibre fineness, laser type

10

*

1 Jan 2007

Instruments for measuring backfat or eye muscle or detecting pregnancy, ultrasound type (incorporating probe and monitor)

5

*

1 Jan 2007

Sheep handling assets (including autodrafter, conveyor, cradle, crate, crutching trailer, elevator, ewe lifter, handler, hydraulic lift, rollover unit, shearing table, weigh crate, winch used to lift sheep)

15

*

1 Jan 2007

Weigh bars, weigh indicators and weigh platforms

10

*

1 Jan 2007

Yards, races, leadup systems and loading ramps:

 

 

 

      Permanent type

40

*

1 Jan 2007

      Portable type

25

*

1 Jan 2007

Woolshed assets:

 

 

 

      Grinding machine for sharpening cutters

30

*

1 Jan 2007

      Shearing machines

30

*

1 Jan 2007

      Shearing or crutching handpieces

10

*

1 Jan 2007

      Wool bale movers

10

*

1 Jan 2007

      Wool presses

20

*

1 Jan 2007

      Woolsheds and shearing sheds

50

*

1 Jan 2007

      Wool tables, steel type

20

*

1 Jan 2007

 

Beef cattle farming

(01420)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Cattle handling assets:

 

 

 

      Calf cradles

10

*

1 Jan 2007

      Cattle crushes (hydraulic and manual)

10

*

1 Jan 2007

      NLIS and other readers

5

*

1 Jan 2007

      Scales, weigh indicators and loading bars

5

*

1 Jan 2007

Cattle yards including races and coolers (steel and timber):

 

 

 

      Permanent type

30

*

1 Jan 2007

      Portable type

20

*

1 Jan 2007

Feed bins including hay racks

15

*

1 Jan 2007

Feed handling assets:

 

 

 

      Bale feeders

10

*

1 Jan 2007

      Feed mixers

10

*

1 Jan 2007

      Silage and feedout wagons

10

*

1 Jan 2007

Loading ramps

20

*

1 Jan 2007

Manure and fertilizer spreaders

10

*

1 Jan 2007

Saddlery and harness

10

*

1 Jan 2007

 

Beef cattle feedlots

(01430)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Cattle handling assets:

 

 

 

      Cattle crushes (hydraulic and manual)

6

*

1 Jan 2007

      Cattle induction and transfer yards (steel and       timber)

20

*

1 Jan 2007

      Cattle treatment yards (steel and timber)

20

*

1 Jan 2007

      Cattle wash yards (steel and timber)

20

*

1 Jan 2007

      NLIS and other readers

5

*

1 Jan 2007

      Scales, weigh indicators and loading bars

5

*

1 Jan 2007

Cattle pen assets:

 

 

 

      Bunk sweepers

8

*

1 Jan 2007

      Cattle pen infrastructure assets:

 

 

 

             Feed bunks or troughs and aprons

20

*

1 Jan 2007

             Feed roads

20

*

1 Jan 2007

             Pen earthworks

20

*

1 Jan 2007

             Pen fences and gates (steel and timber)

20

*

1 Jan 2007

             Shade structures

20

*

1 Jan 2007

      Pen scrapers

10

*

1 Jan 2007

Feed milling and handling assets:

 

 

 

      Ancillary grain handling equipment:

 

 

 

             Augers

10

*

1 Jan 2007

             Conveyors and elevators

15

*

1 Jan 2007

      Bulk and segregated commodity storage facilities (incorporating bunkers)

30

*

1 Jan 2007

      Feed mixers

7

*

1 Jan 2007

      Feed mixer trucks

7

*

1 Jan 2007

      Grain cleaners

10

*

1 Jan 2007

      Grain processing assets:

 

 

 

             Roller mills

15

*

1 Jan 2007

             Steam flaking chests

15

*

1 Jan 2007

             Steam flaking surge bins

15

*

1 Jan 2007

             Tempering silos:

 

 

 

                   Glass fused to steel

50

*

1 Jan 2007

                   Stainless steel

15

*

1 Jan 2007

                   Galvanised steel

12

*

1 Jan 2007

      Receival pits and hoppers

25

*

1 Jan 2007

      Roughage processing assets (including tub rinders)

7

*

1 Jan 2007

      Sampling and testing assets

5

*

1 Jan 2007

      Silos and bins used for storing dry grain:

 

 

 

             Concrete

50

*

1 Jan 2007

             Steel

20

*

1 Jan 2007

      Tank storages for liquid feed supplements

15

*

1 Jan 2007

Loading ramps

20

*

1 Jan 2007

Manure composting and screening machines

15

*

1 Jan 2007

 

Dairy cattle farming

(01600)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Automatic calf feeders

10

*

1 Jul 2007

Barn fed dairy farms:

 

 

 

      Bulk and segregated commodity storage facilities       (incorporating bunkers)

30

*

1 Jul 2007

      Exercise yards

20

*

1 Jul 2007

      Feeding barns and maternity barns (incorporating       cow beds, fans, and feed alleys)

20

*

1 Jul 2007

Cattle handling assets:

 

 

 

      Air operated gates

10

*

1 Jul 2007

      All terrain vehicles (ATVs)

3

*

1 Jul 2007

      Automatic drafting systems

7

*

1 Jul 2007

      Automatic ID systems

7

*

1 Jul 2007

      Automatic weighing systems and cattle scales

5

*

1 Jul 2007

      Backing gates

15

*

1 Jul 2007

      Calf cradles

10

*

1 Jul 2007

      Cattle crushes

10

*

1 Jul 2007

      Cattle laneways

30

*

1 Jul 2007

      Cattle yards (including loading ramps)

30

*

1 Jul 2007

      Dairy milking sheds

30

*

1 Jul 2007

      Dairy yards and races

20

*

1 Jul 2007

      Teat spraying systems:

 

 

 

             Automatic

7

*

1 Jul 2007

             Manual

10

*

1 Jul 2007

Clean up assets:

 

 

 

      High pressure pumps and hoses

10

*

1 Jul 2007

      Hot water services

10

*

1 Jul 2007

      Milk line washing systems:

 

 

 

             Automatic

10

*

1 Jul 2007

             Manual

10

*

1 Jul 2007

Feed milling and handling assets:

 

 

 

      Augers

10

*

1 Jul 2007

      Conveyors and elevators

15

*

1 Jul 2007

      Feed pads and bunkers

30

*

1 Jul 2007

      Feeding systems:

 

 

 

             Automatic

12

*

1 Jul 2007

             Manual

15

*

1 Jul 2007

      Feed mixers

7

*

1 Jul 2007

      Grain mills (including roller mills, disc mills and       hammer mills)

15

*

1 Jul 2007

      Manure spreaders

10

*

1 Jul 2007

      Silage pits

40

*

1 Jul 2007

      Silage wagons

10

*

1 Jul 2007

      Silos (steel)

20

*

1 Jul 2007

      Telescopic handlers

10

*

1 Jul 2007

      Tub grinders

7

*

1 Jul 2007

Milking and milk handling assets:

 

 

 

      Automatic cluster removers

10

*

1 Jul 2007

      Bailing systems:

 

 

 

             Herringbone (including swing over, double up                    and rapid exit)

15

*

1 Jul 2007

             Rotary

15

*

1 Jul 2007

             Walk through

15

*

1 Jul 2007

      Filters

15

*

1 Jul 2007

      Milking systems (incorporating clusters, swing over       arms, hoses, pipes, pulsators, vacuum pumps,       variable speed control)

15

*

1 Jul 2007

      Milk meters and recording jars (including       conductivity sensors)

10

*

1 Jul 2007

      Milk vats

25

*

1 Jul 2007

      Plate coolers

15

*

1 Jul 2007

      Receivers

15

*

1 Jul 2007

      Refrigeration compressors

10

*

1 Jul 2007

 

Nursery and floriculture production

(01110 to 01150)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Chemical spraying assets:

 

 

 

     Generally (including broad acre trailed or        linkage boom and utility)

10

*

1 Jul 2006

Environmental control assets:

 

 

 

      Boilers (including piping)

20

*

1 Jul 2006

      Control systems

10

*

1 Jul 2006

      Evaporative coolers

10

*

1 Jul 2006

      Heating assets

10

*

1 Jul 2006

      Instruments (including sensors)

10

*

1 Jul 2006

      Retractable screens

8

*

1 Jul 2006

      Ventilation fans

5

*

1 Jul 2006

Fertigation system assets (incorporating control       systems, pumps and tanks)

10

*

1 Jul 2006

General assets:

 

 

 

      Bins and pallets

5

*

1 Jul 2006

      Fertiliser spreaders

10

*

1 Jul 2006

      Fumigation assets

5

*

1 Jul 2006

      Pasteurisation assets:

 

 

 

             Pasteurisation rooms

20

*

1 Jul 2006

             Steam boilers

15

*

1 Jul 2006

      Racks

15

*

1 Jul 2006

      Ride on mowers

5

*

1 Jul 2006

      Refrigeration assets:

 

 

 

             Insulation panels used in cool rooms

40

*

1 Jul 2006

             Refrigeration generally

10

*

1 Jul 2006

      Trailers

15

*

1 Jul 2006

      Trolleys

15

*

1 Jul 2006

      Weed mats

5

*

1 Jul 2006

Harvesting assets:

 

 

 

      Bed lifters and diggers

10

*

1 Jul 2006

      Tree spades

15

*#

1 Jul 2006

Packaging assets:

 

 

 

      Deleafers

15

*

1 Jul 2006

      Bunching and bundling machines

15

*

1 Jul 2006

      Grading machines

15

*

1 Jul 2006

Planting assets:

 

 

 

      Benches and tables

10

*

1 Jul 2006

      Conveyors

15

*

1 Jul 2006

      Dibblers and seeders

15

*

1 Jul 2006

      Hoppers

15

*

1 Jul 2006

      Pot, punnet and tray dispensers

12

*

1 Jul 2006

      Potting machines (including pot and bag                      fillers)

10

*

1 Jul 2006

      Soil elevators

10

*

1 Jul 2006

      Soil mixers

10

*

1 Jul 2006

      Transplanters (plugs and seedlings)

  8

*

1 Jul 2006

      Tray and punnet fillers

10

*

1 Jul 2006

      Tray washers

15

*

1 Jul 2006

      Vermiculite dispensers and coverers

15

*

1 Jul 2006

Propagation assets:

 

 

 

      Heated propagators

10

*

1 Jul 2006

      Seedling and punnet trays, reusable

  3

*

1 Jul 2006

Turf growing assets:

 

 

 

      Chemical spraying assets:

 

 

 

          Generally (including broad acre trailed or                      linkage boom and utility)

10

*

1 Jul 2006

      Fertiliser spreaders

10

*

1 Jul 2006

      Field top makers

10

*

1 Jul 2006

      Land planes

25

*

1 Jul 2006

      Line planters

10

*

1 Jul 2006

      Mowers (including reel and rotary mowers)

10

*

1 Jul 2006

      Net layers

10

*

1 Jul 2006

      Power harrows

10

*

1 Jul 2006

      Roll layers

10

*

1 Jul 2006

      Soil aerators

10

*

1 Jul 2006

      Trailers

15

*

1 Jul 2006

      Turf harvesters (including pedestrian and tractor         mounted harvesters)

10

*#

1 Jul 2006

      Turf rollers

15

*

1 Jul 2006

      Turf seeders

15

*

1 Jul 2006

      Turf vacuums

10

*

1 Jul 2006

 

Mushroom growing

(01210)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Air handling systems (incorporating cooling coils, filter blowers, mixing boxes, environment sensors and air ducting)

10

*

1 Jul 2008

Boilers (used for humidification and pasteurisation)

10

*

1 Jul 2008

Casing machines (includes casing mixers)

10

*

1 Jul 2008

Compost phase 1 assets:

 

 

 

      Bunkers

10

*

1 Jul 2008

             Machinery (including forklifts, front end loaders, bunker fillers and pre-wet turners)

  4

*

1 Jul 2008

      Protective structures

10

*

1 Jul 2008

      Pumps

  3

*

1 Jul 2008

Control systems (excluding personal computers)

10

*

1 Jul 2008

Filling and emptying machines (including bag fillers, bed winches, cassette fillers and tunnel fillers)

10

*

1 Jul 2008

Growing systems:

 

 

 

      Shelves:

 

 

 

             Aluminium

15

*

1 Jul 2008

             Other material

10

*

1 Jul 2008

      Trays:

 

 

 

             Wood

  5

*

1 Jul 2008

Mushroom graders

  5

*

1 Jul 2008

Sheds

40

*

1 Jul 2008

Slicing machines

  5

*

1 Jul 2008

Spawning machines (including supplement machines)

12

*

1 Jul 2008

Trolleys

10

*

1 Jul 2008

Tunnels/Rooms, (incorporating doors, floors, drains, frames, insulation, lighting, roofs, and walls):

 

 

 

      Peak heat and spawn running

10

*

1 Jul 2008

      Growing

15

*

1 Jul 2008

Vacuum coolers

10

*

1 Jul 2008

Weighing machines

10

*

1 Jul 2008

 

Vegetable growing (under cover)

(01220)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Hydroponic growing assets (including cut flower growing):

 

 

 

      Hanging gutters

10

*

1 Jul 2007

      Troughs

10

*

1 Jul 2007

      Hydroponics growers may also use the       effective life for relevant assets shown in       Nursery and Floriculture Production (01110       to 01150)

 

 

 

 

Vegetable growing (outdoors) and sugar cane growing

(01230 and 01510)

 

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

 

Chemical spraying assets:

 

 

 

 

      Generally

10

*

1 Jul 2007

 

      Self-propelled

  8

*

1 Jul 2007

 

Fertilizer spreaders:

 

 

 

 

      Generally

10

*

1 Jul 2007

 

      Spinner

  5

*

1 Jul 2007

 

General assets:

 

 

 

 

      Bins:

 

 

 

 

             Plastic

10

*

1 Jul 2007

 

             Timber

  5

*

1 Jul 2007

 

      Mulch layers

12

*

1 Jul 2007

 

      Mulch lifters

12

*

1 Jul 2007

 

      Mulchers

  8

*

1 Jul 2007

 

      Rakes (eg cane trash rake)

10

*

1 Jul 2007

 

      Slashers

  8

*

1 Jul 2007

 

Harvesting assets:

 

 

 

 

      Cane haul out bins

12

*

1 Jul 2007

 

      Harvesters (including cane, carrot, onion, potato and      tomato)

10

*#

1 Jul 2007

 

      Harvesting aids (incorporating trailer and conveyor       belts)

15

*

1 Jul 2007

 

      Onion lifters

10

*#

1 Jul 2007

 

      Trailers

15

*

1 Jul 2007

 

      Windrowers (including potato diggers, onion and       potato windrowers)

10

*#

1 Jul 2007

 

Planting assets:

 

 

 

 

      Billet planters

12

*

1 Jul 2007

 

      Potato cutters

15

*

1 Jul 2007

 

      Potato planters

10

*

1 Jul 2007

 

      Precision seeders

10

*

1 Jul 2007

 

      Transplanters:

 

 

 

 

             Automated

  7

*

1 Jul 2007

 

             Manual

10

*

1 Jul 2007

 

Tillage assets:

 

 

 

 

      Generally

15

*

1 Jul 2007

 

      PTO operated (including rotary hoes and power       harrows)

  8

*

1 Jul 2007

 

Trellising assets:

 

 

 

 

      Stake drivers

12

*

1 Jul 2007

 

      Stake pullers

12

*

1 Jul 2007

      Trellising (incorporating stakes and wire)

  5

*

1 Jul 2007

      Wire winders

15

*

1 Jul 2007

 

Fruit growing

(01310 to 01360 and 01390)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Cleaning and mulching assets:

 

 

 

      Mowers (including zero turn and ride on)

  8

*

1 Jul 2008

      Mulchers

  6

*

1 Jul 2008

      Slashers

  8

*

1 Jul 2008

      Sweeper attachments

10

*

1 Jul 2008

Crop protection assets:

 

 

 

      Applicators (including temporary bird netting

      applicators and vine cover rollers)

15

*

1 Jul 2008

      Banana bagging machines

10

*

1 Jul 2008

      Banana ripening bags

  3

*

1 Jul 2008

      Sprayers

10

*

1 Jul 2008

      Temporary bird netting

  5

*

1 Jul 2008

      Under vine weeder

10

*

1 Jul 2008

      Vine covers 

  3

*

1 Jul 2008

Dried fruit assets:

 

 

 

      Generally (including bin dryers, boxing machines, dehydration tunnels, dippers, rack dehydrators, scrapers, trolleys and wetting machines)

15

*

1 Jul 2008

      Drying sheets (including ground sheets)

10

*

1 Jul 2008

      Trays

10

*

1 Jul 2008