ATO DEPRECIATION - EFFECTIVE LIVES (2019 - 2020)

TR 2019/5

Note: The effective life legsilation has been updated. For the most up to data effective lives, go to the ATO Effective Lives section under the Depreciation Schedules menu dropdown.

 

Below are the ATO effective lives for residential property as at the 1st of July 2019 from TR 2019/5.
This ruling, which applies from 1st July 2019, replaces TR 2018/4

*IMPORTANT* The 1st of July saw the first real major changed to residential effective lives since 2004. Consequently we've added detailed notes to the table below to highlight the assets that are new additions to the lists, and the assets that have had their effective lives changed. We've also included what the previous effective life was, as you may be required to utilise these effective lives depending on your settlement date and or the date the asset was installed ready for use. For more information, please feel free to get in touch.

If you'd like a PDF copy of this ruling, please feel free to get in touch.

ASSETLIFE 
(YEARS)
Assets generally: 
    Air conditioning assets (excluding ducting, pipes and vents): 
        Air handling units20
        Chillers: 
            Absorption25
            Centrifugal20
            Volumetrics (including reciprocating, rotary, screw, scroll): 
                Air-cooled15
                Water-cooled20
        Condensing sets15
        Cooling towers15
        Damper motors (including variable air volume box controller)10
        Fan coil units (connected to condensing set)15
        Mini split systems up to 20KW (including ceiling, floor and high wall split system)10
        Packaged air conditioning units15
        Pumps20
        Room units10
    Ceiling fans5
    Clocks, electric10
    Digital peep holes10 (new addition 1-7-2019)
    DVD players5
    Door closers10
    Door stops, freestanding10
    Escalators (machinery and moving parts)20
    Evaporative coolers: 
        Fixed (excluding ducting and vents)15 (changed from 25 as at 1-7-2019)
        Portable10 (new addition 1-7-2019)
    Floor coverings (removable without damage): 
        Carpet8 (changed from 10 as at 1-7-2019)
        Floating timber15
        Linoleum10
        Vinyl10
    Furniture, freestanding13   1/3
    Garbage bins10
    Garbage compacting systems (excluding chutes)6   2/3
    Generators20
    Gym assets: 
        Cardiovascular5
        Resistance10
    Hand dryers, electrical10
    Heaters: 
        Fixed: 
            Electric15
            Gas: 
                Ducted central heating unit20
                Other15
        Freestanding15
    Home automation control assets10 (new addition 1-7-2019)
    Hot water systems (excluding piping): 
        Electric12
        Gas12
        Solar15
    Hydronic assets: 
        Controls10 (new addition 1-7-2019)
        Water heaters15 (new addition 1-7-2019)
    Intercom system assets10
    Lifts (including hydraulic and traction lifts)30
    Lights: 
        Fittings (excluding hardwired)5
        Freestanding5
        Shades, removable5
    Linen5
    Master antenna television (MATV) assets: 
        Amplifiers10
        Modulators10
        Power sources10
    Mirrors, freestanding15
    Radios10
    Rugs7
    Skylights: 
        Controls10 (new addition 1-7-2019)
        Motors10 (new addition 1-7-2019)
    Solar power generating system (incorporating batteries, inverters, solar panels, regulators)20
    Stereo systems (incorporating amplifiers, cassette players, CD players, radios and speakers)7
    Surround sound systems (incorporating audio-video receivers and speakers)10
    Telecommunications assets: 
        Cordless phones4
        Telephone hand sets6 (changed from 10 as at 1-7-2019)
        Telephone systems - see Table B Telephony 
    Television antennas, freestanding5
    Television sets8 (changed from 10 as at 1-7-2019)
    Vacuum cleaners: 
        Ducted: 
            Hoses10
            Motors10
            Wands10
        Portable10
    Ventilation fans20
    Video cassette recorder systems (VCRs)5
    Water pumps:*note: previously only one type at 20 years
        Multi-storey20
        Rainwater tanks5 (new addition 1-7-2019)
        Single residence pressure pumps8 (new addition 1-7-2019)
    Window blinds, internal10
    Window curtains6
    Window shutters, automatic: 
        Controls10
        Motors10
Bathroom assets: 
    Accessories, freestanding (including shower caddies, soap holders, toilet brushes)3 (changed from 5 as at 1-7-2019)
    Exhaust fans (including light/heating)10
    Heated towel rails, electric10
    Shower curtains (excluding curtain rods and screens)2
    Spa bath pumps10 (changed from 20 as at 1-7-2019
Fire control assets: 
    Alarms: 
        Heat6
        Smoke6
    Detection and alarm systems: 
        Alarm bells12
        Detectors (including addressable manual call points, heat, multi type and smoke)20
        Fire indicator panels12
    Emergency warning and intercommunication systems (EWIS): 
        Master emergency control panels12
        Speakers12
        Strobe lights12
        Warden intercom phones (WIPs)12
    Extinguishers15
    Hoses and nozzles10
    Pumps (including diesel and electric)25
    Stair pressurisation assets: 
        AC variable speed drives (VSDs)10
        Pressurisation and extraction fans25
        Sensors10
Kitchen assets: 
    Cook tops12
    Crockery5
    Cutlery5
    Dishwashers8 (changed from 10 as at 1-7-2019)
    Freezers12
    Garbage disposal units10
    Microwave ovens8 (changed from 10 as at 1-7-2019)
    Ovens12
    Range hoods12
    Refrigerators12
    Stoves12
    Water filters, electrical15
Laundry assets: 
    Clothes dryers7 (changed from 10 as at 1-7-2019)
    Ironing boards, freestanding5 (changed from 7 as at 1-7-2019)
    Irons5
    Washing machines8 (changed from 10 as at 1-7-2019)
Outdoor assets: 
    Automatic garage doors: 
        Controls5
        Motors10
    Barbecue assets: 
        Fixed barbecue assets: 
            Sliding trays and cookers10
        Freestanding barbecues5
    Floor carpet (including artificial grass and matting)5
    Folding arm awnings: 
        Controls10 (new addition 1-7-2019)
        Motors10 (new addition 1-7-2019)
    Furniture, freestanding5
    Gardening watering installations: 
        Control panels5
        Pumps5
        Timing devices5
    Garden lights, solar5 (changed from 8 as at 1-7-2019)
    Garden sheds, freestanding15
    Gates, electrical: 
        Controls5
        Motors10
    Operable pergola louvres: 
        Controls15
        Motors15
    Rainwater tanks: 
        Galvanised steel25 (new addition as at 1-7-2019)
        Polyethylene15 (new addition as at 1-7-2019)
    Roller blinds*note: only ever had window blinds at 10 years
        Controls10 (new addition as at 1-7-2019)
        Motors10 (new addition as at 1-7-2019)
    Sauna heating assets15
    Sewage treatment assets: 
        Controls8
        Motors8
    Spas: 
        Fixed spa assets:*note: only ever had pumps at 20 years
            Chlorinators10 (new addition as at 1-7-2019)
            Filtration assets (including pumps)10 (new addition as at 1-7-2019)
            Heaters (electric or gas)15
        Freestanding spas (incorporating blowers, controls, filters, heaters and pumps)17
    Swimming pool assets: 
        Chlorinators10 (changed from 12 as at 1-7-2019)
        Cleaning assets7
        Covers (including blankets)8 (new addition as at 1-7-2019)
        Filtration assets (including pumps)10 (changed from 12 as at 1-7-2019)
        Heaters: 
            Electric15
            Gas15
            Solar20
    Tennis court assets: 
        Cleaners3
        Drag brooms3
        Nets5
        Rollers3
        Umpire chairs15
Security and monitoring assets: 
    Access control systems: 
        Code pads5
        Door controllers5
        Readers: 
            Proximity7
            Swipe card3
    CCTV systems: 
        Cameras4
        Monitors4
        Recorders: 
            Digital4
            Time lapse2
        Switching units (including multiplexes)5
    Security systems: 
        Code pads5
        Control panels5
        Detectors (including passive infrared, photo sensors and vibration)5
        Global System for Mobiles (GSM) Units5
        Noise makers (including bells and sirens)5

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on 1300 795 170 to ensure you have a professional
maximising your tax depreciation deductions.