{"id":"F2022L00823","name":"Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2022","slug":"income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":102490,"registerId":"commonwealth-F2022L00823-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1. Name of instrument","sectionType":"part","heading":"1. Name of instrument","content":"## 1. Name of instrument\n\nThis Determination is the Income Tax (Effective Life of Depreciating Assets) Amendment Determination (No 1) 2022.","sortOrder":0},{"sectionNumber":"2. Commencement","sectionType":"part","heading":"2. Commencement","content":"## 2. Commencement\n\nThis instrument commences on 1 July 2022.","sortOrder":1},{"sectionNumber":"3. Amendment of Income Tax (Effective Li","sectionType":"part","heading":"3. Amendment of Income Tax (Effective Life of Depreciating Assets) Determination 2015","content":"## 3. Amendment of Income Tax (Effective Life of Depreciating Assets) Determination 2015\n\nSchedule 1 amends the Income Tax (Effective Life of Depreciating Assets) Determination 2015 - F2015L00798 registered on 11 June 2015.","sortOrder":2},{"sectionNumber":"4. Determination","sectionType":"part","heading":"4. Determination","content":"## 4. Determination\n\nThe amendments in this determination may affect:\n\n(1) taxpayers who choose, under paragraph 40-95(1)(a) of the ITAA 1997, to use an effective life determined by the Commissioner for a depreciating asset when working out its decline in value, and\n\n (2) taxpayers who are directed, under subsections 40-95(4C),40-95(5C), 40-95(6), 58-75(5) and 58-80(6) of the ITAA 1997, to use an effective life determined by the Commissioner.","sortOrder":3},{"sectionNumber":"5. Definitions","sectionType":"part","heading":"5. Definitions","content":"## 5. Definitions\n\nAn 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.\n\nA 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 ITAA 1997.\n\n \n\nSchedule 1 Amendments\n\n(section 3)\n\n\\[1\\] Heading to Table A\n\nOmit\n\nTable A as at 1 July 2021\n\nSubstitute\n\nTable A as at 1 July 2022\n\n\\[2\\] Table A, industry category AGRICULTURE, FORESTRY AND FISHING (01110 to 05290)\n\nOmit\n\n| 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: | | | |\n| ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | --- | --- | --- |\n\nSubstitute\n\n| Fences (excluding stockyard, pen and portable fences): Being fencing constructed at a time for a particular function (e.g. a line of fencing forming a side of a boundary or paddock) not being in the nature of a repair: | | | |\n| -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --- | --- | --- |\n\n\\[3\\] Table A, industry category AGRICULTURE, FORESTRY AND FISHING (01110 to 05290), sub\\-category Vegetable growing (outdoors) and sugar cane growing (01230 and 01510)\n\nOmit\n\n| Rakes (eg cane trash rakes) | 10 | * | 1 Jul 2007 |\n| --------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Rakes (e.g. cane trash rakes) | 10 | * | 1 Jul 2007 |\n| ----------------------------- | --- | --- | ---------- |\n\n\\[4\\] Table A, industry category AGRICULTURE, FORESTRY AND FISHING (01110 to 05290), sub\\-category Fruit and tree nut growing (01310 to 01370, 01390 and 01590)\n\nOmit\n\n| Pick ups (eg almonds) | 12 | *# | 1 Jul 2007 |\n| --------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Pick ups (e.g. almonds) | 12 | *# | 1 Jul 2007 |\n| ----------------------- | --- | --- | ---------- |\n\n\\[5\\] Table A, industry category MINING (06000 to 10900), sub\\-category Oil and gas extraction (07000) Gas compression and reinjection assets\n\nOmit\n\n| Generally (including piping, skid, vessels assets used onshore) | 30 | *# | 1 Jul 2002 |\n| --------------------------------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Generally (including piping, skid, vessels and assets used onshore) | 30 | *# | 1 Jul 2002 |\n| ------------------------------------------------------------------- | --- | --- | ---------- |\n\n\\[6\\] Table A, industry category MANUFACTURING (11110 to 25990), sub\\-category Prepared animal and bird feed manufacturing (11920)\n\nOmit\n\n| Canning and tray assets including closers and fillers | 10 | * | 1 Jul 2013 |\n| ----------------------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Canning and tray assets (including closers and fillers) | 10 | * | 1 Jul 2013 |\n| ------------------------------------------------------- | --- | --- | ---------- |\n\n\\[7\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Prepared animal and bird feed manufacturing (11920), Prepared animal and bird feed manufacturing assets generally\n\nAfter\n\n| Storage bins | 20 | * | 1 Jul 2012 |\n| ------------ | --- | --- | ---------- |\n\nInsert\n\n| Salt manufacturing and refining assets - see Table A Basic inorganic chemical manufacturing (18130) | | | |\n| --------------------------------------------------------------------------------------------------- | --- | --- | --- |\n\n\\[8\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Other food product manufacturing n.e.c. (11990), Peanut processing assets\n\nAfter\n\n| Refrigeration units | 20 | * | 1 Jul 2009 |\n| ------------------- | --- | --- | ---------- |\n\nInsert\n\n| Salt manufacturing and refining assets - see Table A Basic inorganic chemical manufacturing (18130) | | | |\n| --------------------------------------------------------------------------------------------------- | --- | --- | --- |\n\n\\[9\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Clothing manufacturing (13510)\n\nOmit\n\n```html\n

Clothing manufacturing

(13510)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Clothing and millinery manufacturing plant:

General plant

20

1 Jan 2001

Hat manufacturing plant and machinery

131/3

1 Jan 2001

Sewing machines

10

*

1 Jul 2014

\n```\n\nSubstitute\n\n```html\n

Clothing manufacturing

(13510)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Air compressors

10

*

1 Jul 2022

Cutting machines and tables

20

*

1 Jul 2022

Dyeing machines

10

*

1 Jul 2022

Fusing machines and presses

8

*

1 Jul 2022

Gas boilers (steam)

15

*

1 Jul 2022

Hat pressing machines

20

*

1 Jul 2022

Lights – portable

5

*

1 Jul 2022

Plotters and printers

8

*

1 Jul 2022

Pressing equipment (including ironing tables and steam boilers)

10

*

1 Jul 2022

Sewing machines:

Banding

15

*

1 Jul 2022

Button sewer, clip attaching

5

*

1 Jul 2022

Embroidery – single and multi-head

12

*

1 Jul 2022

General (including bar tack, binding, feed off the arm, single folder, two-needle, underwire)

10

*

1 Jul 2022

High speed industrial

10

*

1 Jul 2022

Millinery

20

*

1 Jul 2022

Overlocker

15

*

1 Jul 2022

Steamers

2

*

1 Jul 2022

Stud setting machines

20

*

1 Jul 2022

\n```\n\n\\[10\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Footwear manufacturing (13520)\n\nOmit\n\n| Footwear manufacturing(13520) |\n| ----------------------------- |\n\nSubstitute\n\n| Footwear manufacturing(13520) |\n| ----------------------------- |\n\n\\[11\\] Table A, industry category MANUFACTURING (11110 to 25990), sub\\-category Basic inorganic chemical manufacturing (18130)\n\nOmit\n\n| Salt manufacturing and refining plant | 10 | | 1 Jan 2001 |\n| ------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n```html\n

Salt manufacturing and refining assets:

Air compressors – see Table B Air compression assets: Air compression assets generally (including air compressors, air dryers and air receivers)

Augers

10

*

1 Jul 2022

Automated packing machines

20

*

1 Jul 2022

Bagging machines

10

*

1 Jul 2022

Bag sewers – see Table B Packaging machines: Bag sewers

Bag stackers

15

*

1 Jul 2022

Belt weighers

15

*

1 Jul 2022

Blow moulders

15

*

1 Jul 2022

Bucket elevators

10

*

1 Jul 2022

Centrifuges

12

*

1 Jul 2022

Conveyors

15

*

1 Jul 2022

Crushers

25

*

1 Jul 2022

Cyclones

15

*

1 Jul 2022

Dust extraction systems

5

*

1 Jul 2022

Forklifts – see Table B Forklifts

Kilns

20

*

1 Jul 2022

Labelling machines (including date printers)

5

*

1 Jul 2022

Metal detectors

10

*

1 Jul 2022

Motor control centres

20

*

1 Jul 2022

Net weighers

5

*

1 Jul 2022

Pallet wrappers – see Table B Packaging machines: Wrapping machines (including pallet wrappers, shrink wrappers, stretch wrappers and strapping machines)

Platform scales

10

*

1 Jul 2022

Ribbon mixers

15

*

1 Jul 2022

Roller mills

15

*

1 Jul 2022

Rotary valves

15

*

1 Jul 2022

Salt flake growing tanks

15

*

1 Jul 2022

Salt hoppers

15

*

1 Jul 2022

Sizing screen machines

15

*

1 Jul 2022

Slurry lines

10

*

1 Jul 2022

Wash plant pumps

15

*

1 Jul 2022

Wash plants (removable)

20

*

1 Jul 2022

Weigh feeders

10

*

1 Jul 2022

\n```\n\n\\[12\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Iron smelting and steel manufacturing (21100)\n\nOmit\n\n| CCTV system | 3 | * | 1 Jul 2010 |\n| ----------- | --- | --- | ---------- |\n\nSubstitute\n\n| CCTV systems | 3 | * | 1 Jul 2010 |\n| ------------ | --- | --- | ---------- |\n\n\\[13\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Non‑ferrous metal casting (21410)\n\nOmit\n\n| Metal casting assets (non‑ferrous eg aluminium, brass and magnesium): | | | |\n| --------------------------------------------------------------------- | --- | --- | --- |\n\nSubstitute\n\n| Metal casting assets (non‑ferrous e.g. aluminium, brass and magnesium): | | | |\n| ----------------------------------------------------------------------- | --- | --- | --- |\n\n\\[14\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Motor vehicle manufacturing (23110) Motor vehicle manufacturing plant (not listed elsewhere)\n\nOmit\n\n| Tooling (ie jigs, dies, press tools and specialty attachments such as working heads and work‑ holding tools) | 3 | | 1 Jan 2001 |\n| ------------------------------------------------------------------------------------------------------------ | --- | --- | ---------- |\n\nSubstitute\n\n| Tooling (i.e. jigs, dies, press tools and specialty attachments such as working heads and work‑holding tools) | 3 | | 1 Jan 2001 |\n| ------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |\n\n\\[15\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Other transport equipment manufacturing n.e.c. (23990)\n\nOmit\n\n| Motor cycle building plant | 10 | | 1 Jan 2001 |\n| -------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Motorcycle building plant | 10 | | 1 Jan 2001 |\n| ------------------------- | --- | --- | ---------- |\n\n\\[16\\] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Wooden furniture and upholstered seat manufacturing (25110)\n\nOmit\n\n```html\n

Wooden furniture and upholstered seat manufacturing

(25110)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Furniture‑making plant

131/3

1 Jan 2001

\n```\n\nSubstitute\n\n```html\n

Wooden furniture and upholstered seat manufacturing

(25110)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Dust management assets:

Portable dust extractors

5

*

1 Jul 2022

Portable wet and dry vacuum cleaners

5

*

1 Jul 2022

Stationary dust collection systems (incorporating bags, motors, pipes etc)

12

*

1 Jul 2022

Spray booth assets:

Full face air fed masks

3

*

1 Jul 2022

Paint pumps

5

*

1 Jul 2022

Spray booths

15

*

1 Jul 2022

Spray guns

3

*

1 Jul 2022

Support assets:

Air compression assets – see Table B Air compression assets

Air compressors (portable) – see Table B Air compressors (portable)

Forklifts – see Table B Forklifts

Racks

15

*

1 Jul 2022

Trolleys (carts)

10

*

1 Jul 2022

Vacuum lifters

5

*

1 Jul 2022

Work benches and tables

10

*

1 Jul 2022

Tools:

Benchtop power tools (including biscuit/domino joiners, drill presses, jigsaws, laminate trimmers, mortisers, planners, routers, spindle sanders etc but excluding saws)

5

*

1 Jul 2022

Clamps

10

*

1 Jul 2022

Hand held power tools (including air, battery, and electric) - see Table B Power tools, hand tools

Hand tools (manual operated) - see Table B Hand tools (manual operated)

Sawing machines:

Band saws

8

*

1 Jul 2022

Circular saws

8

*

1 Jul 2022

Mitre saws (drop saws)

7

*

1 Jul 2022

Panel saws

8

*

1 Jul 2022

Table saws

10

*

1 Jul 2022

Stationary machines:

Computer numerical control (CNC) machines (including CNC routers)

10

*

1 Jul 2022

Edge banders

8

*

1 Jul 2022

Pedestal drills (drill presses)

10

*

1 Jul 2022

Sanders (including belt sanders, drum sanders, edge sanders, spindle sanders etc)

12

*

1 Jul 2022

Spindle moulders

10

*

1 Jul 2022

Thicknessers/Buzzers

15

*

1 Jul 2022

Upholstery assets:

CNC fabric cutters

10

*

1 Jul 2022

Hand fabric cutters

5

*

1 Jul 2022

Sewing machines

10

*

1 Jul 2022

\n```\n\n\\[17\\] Table A, industry category RETAIL TRADE (39110 to 43209)\n\nAfter\n\n| Overhead track scales (including meat rail scales) | 10 | * | 1 Jul 2005 |\n| -------------------------------------------------- | --- | --- | ---------- |\n\nInsert\n\n| Plastic safety screens (including sneeze guards) | 2 | * | 1 Jul 2022 |\n| ------------------------------------------------ | --- | --- | ---------- |\n\n\\[18\\] Table A, industry category RETAIL TRADE (39110 to 43209), sub-category Motor vehicle tyre or tube retailing (39220)\n\nOmit\n\n| Air receivers | 10 | * | 1 Jul 2011 |\n| ---------------------------- | --- | --- | ---------- |\n| Air driers and dehumidifiers | 10 | * | 1 Jul 2011 |\n\nSubstitute\n\n| Air driers and dehumidifiers | 10 | * | 1 Jul 2011 |\n| ---------------------------- | --- | --- | ---------- |\n| Air receivers | 10 | * | 1 Jul 2011 |\n\n\\[19\\] Table A, industry category ACCOMMODATION AND FOOD SERVICES\n\n(44000 to 45302), sub\\-category Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality) (45110 to 45302)\n\nOmit\n\n| Menu boards | 5 | * | 1 Jul 2005 |\n| --------------------- | --- | --- | ---------- |\n| Poker/gaming machines | 7 | * | 1 Jul 2009 |\n\nSubstitute\n\n| Menu boards | 5 | * | 1 Jul 2005 |\n| ----------------------------------------------------------- | --- | --- | ---------- |\n| Plastic safety screens (including sneeze guards) | 2 | * | 1 Jul 2022 |\n| Poker/gaming assets – see Table A Casino operations (92010) | | | |\n\n\\[20\\] Table A, industry category TRANSPORT, POSTAL AND WAREHOUSING (46100 to 53090), sub-category Road transport (46100 to 46239)\n\nOmit\n\n| Hire cars: | | | |\n| ---------------------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |\n| Cars used to provide basic service ride‑sourcing, ride‑hailing or ride‑sharing services (eg uberX) | 8 | * | 1 Jul 2016 |\n| Generally (including cars used to provide premium service ride‑sourcing, ride‑hailing or ride‑sharing services eg UberBLACK) | 6 | * | 1 Jul 2016 |\n\nSubstitute\n\n| Hire cars: | | | |\n| ------------------------------------------------------------------------------------------------------------------------------ | --- | --- | ---------- |\n| Cars used to provide basic service ride‑sourcing, ride‑hailing or ride‑sharing services (e.g. uberX) | 8 | * | 1 Jul 2016 |\n| Generally (including cars used to provide premium service ride‑sourcing, ride‑hailing or ride‑sharing services e.g. UberBLACK) | 6 | * | 1 Jul 2016 |\n\n\\[21\\] Table A, industry category INFORMATION MEDIA AND TELECOMMUNICATIONS (54110 to 60200), sub-category Telecommunications services (58010 to 58090)\n\nOmit\n\n| Microwave radio system (including modulator, demodulator, receiver, transmitter, monitoring/supervisory system, RF filter) | | | |\n| -------------------------------------------------------------------------------------------------------------------------- | --- | --- | --- |\n\nSubstitute\n\n| Microwave radio system (including modulator, demodulator, receiver, transmitter, monitoring/supervisory system, RF filter): | | | |\n| --------------------------------------------------------------------------------------------------------------------------- | --- | --- | --- |\n\n\\[22\\] Table A, industry category RENTAL, HIRING AND REAL ESTATE SERVICES\n\n(66110 to 67200), sub-category Rental and hiring services (except real estate)\n\n(66110 to 66400)\n\nOmit\n\n| Portable structures (sheds, site office trailers, portable toilets and washrooms etc) used for a temporary period in offsite locations (eg construction sites) | 10 | * | 1 Jul 2014 |\n| -------------------------------------------------------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Portable structures (sheds, site office trailers, portable toilets and washrooms etc) used for a temporary period in offsite locations (e.g. construction sites) | 10 | * | 1 Jul 2014 |\n| ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |\n\n\\[23\\] Table A, industry category RENTAL, HIRING AND REAL ESTATE SERVICES\n\n(66110 to 67200), sub-category Residential property operators (67110), Outdoor assets\n\nOmit\n\n| Roller blinds | | | |\n| ------------- | --- | --- | --- |\n\nSubstitute\n\n| Roller blinds: | | | |\n| -------------- | --- | --- | --- |\n\n\\[24\\] Table A, industry category RENTAL, HIRING AND REAL ESTATE SERVICES\n\n(66110 to 67200), sub-category Residential property operators (67110), Security and monitoring assets, Security systems\n\nOmit\n\n| Global System for Mobiles (GSM) Units | 5 | * | 1 Jul 2004 |\n| ------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Global System for Mobiles (GSM) units | 5 | * | 1 Jul 2004 |\n| ------------------------------------- | --- | --- | ---------- |\n\n\\[25\\] Table A, industry category HEALTH CARE AND SOCIAL ASSISTANCE\n\n(84010 to 87900), sub-category Retirement village and accommodation for the aged operation (86011 to 86012)\n\nOmit\n\n| Chairs | | | |\n| ------ | --- | --- | --- |\n\nSubstitute\n\n| Chairs: | | | |\n| ------- | --- | --- | --- |\n\n\\[26\\] Table A, industry category HEALTH CARE AND SOCIAL ASSISTANCE\n\n(84010 to 87900), sub-category Retirement village and accommodation for the aged operation (86011 to 86012)\n\nOmit\n\n| Hoists | | | |\n| ------------------------------ | --- | --- | ---------- |\n| Ceiling (incorporating tracks) | 12 | * | 1 Jul 2019 |\n| Mobile (floor, full, standing) | 10 | * | 1 Jul 2019 |\n| Lifting slings | 2 | * | 1 Jul 2019 |\n| Mattresses | | | |\n\nSubstitute\n\n| Hoists: | | | |\n| ------------------------------ | --- | --- | ---------- |\n| Ceiling (incorporating tracks) | 12 | * | 1 Jul 2019 |\n| Mobile (floor, full, standing) | 10 | * | 1 Jul 2019 |\n| Lifting slings | 2 | * | 1 Jul 2019 |\n| Mattresses: | | | |\n\n\\[27\\] Table A, industry category ARTS AND RECREATION SERVICES (89100 to 92099), sub-category Creative and performing arts activities (90010 to 90030)\n\nOmit\n\n| Theatre equipment: | | | |\n| --------------------------------------------- | --- | --- | ---------- |\n| Accessories (theatrical – wigs, costumes etc) | 5 | | 1 Jan 2001 |\n| Performing dogs – see Table B Working dogs | | | |\n\nSubstitute\n\n| Performing dogs – see Table B Working dogs | | | |\n| --------------------------------------------- | --- | --- | ---------- |\n| Theatre equipment: | | | |\n| Accessories (theatrical – wigs, costumes etc) | 5 | | 1 Jan 2001 |\n\n\\[28\\] Table A, industry category ARTS AND RECREATION SERVICES (89100 to 92099), sub\\-category Gambling activities (92010 to 92099)\n\nOmit\n\n| Poker/gaming machines | 7 | * | 1 Jul 2009 |\n| --------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Poker/gaming assets – see Table A Casino operations (92010) | | | |\n| ----------------------------------------------------------- | --- | --- | --- |\n\n\\[29\\] Table A, industry category ARTS AND RECREATION SERVICES (89100 to 92099), sub-category Gambling activities (92010 to 92099)\n\nOmit\n\n| Ancillary equipment (eg ticket issuing machines) | 131/3 | | 1 Jan 2001 |\n| ------------------------------------------------ | ----- | --- | ---------- |\n\nSubstitute\n\n| Ancillary equipment (e.g. ticket issuing machines) | 131/3 | | 1 Jan 2001 |\n| -------------------------------------------------- | ----- | --- | ---------- |\n\n\\[30\\] Table A, industry category ARTS AND RECREATION SERVICES (89100 to 92099), after sub\\-category Gambling activities (92010 to 92099)\n\nInsert\n\n```html\n

Casino operations

(92010)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Carpets

8

*

1 Jul 2022

Count and cage assets:

Coin scales

10

*

1 Jul 2022

Counterfeit detectors

8

*

1 Jul 2022

Note counters/sorters/verifiers

6

*

1 Jul 2022

Trolleys

10

*

1 Jul 2022

Electronic table games (including keno games, poker games, rapid games)

6

*

1 Jul 2022

Entertainment assets:

Audio (including amplifiers, microphones, speakers, processors)

5

*

1 Jul 2022

Visual (including televisions, DVD players)

5

*

1 Jul 2022

Gaming signage (including digital displays, jackpot displays, LED/LCD video walls and partitions)

5

*

1 Jul 2022

Gaming stools and chairs

5

*

1 Jul 2022

Gaming tables (including blackjack, poker, roulette)

7

*

1 Jul 2022

Poker/gaming machines

6

*

1 Jul 2022

Poker/gaming machines system hardware (used for monitoring)

6

*

1 Jul 2022

Security and monitoring assets – see Table B Security and monitoring assets

Table game equipment:

Big wheels

7

*

1 Jul 2022

Card shufflers

5

*

1 Jul 2022

Chippers

5

*

1 Jul 2022

Chips and plaques

10

*

1 Jul 2022

Dealer handset devices

5

*

1 Jul 2022

Display screens

5

*

1 Jul 2022

Roulette wheels

7

*

1 Jul 2022

Shoes (electronic type)

5

*

1 Jul 2022

\n```\n\n\\[31\\] Heading to Table B\n\nOmit\n\nTable B as at 1 July 2021\n\nSubstitute\n\nTable B as at 1 July 2022\n\n\\[32\\] Table B, items beginning with A\n\nOmit\n\n| Other accommodation units (eg manufactured homes) | 30 | * | 1 Jul 2015 |\n| ------------------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Other accommodation units (e.g. manufactured homes) | 30 | * | 1 Jul 2015 |\n| --------------------------------------------------- | --- | --- | ---------- |\n\n\\[33\\] Table B, items beginning with E\n\nAfter\n\n| ASSET | LIFE (YEARS) | REVIEWED | DATE OF APPLICATION |\n| ----- | ------------ | -------- | ------------------- |\n\nInsert\n\n| Electric bicycles (e-bicycles and e-bikes) | 4 | * | 1 July 2022 |\n| ------------------------------------------ | --- | --- | ----------- |\n| Electric scooters (e-scooters) | 2 | * | 1 July 2022 |\n\n\\[34\\] Table B, items beginning with M\n\nOmit\n\n| Hire cars: | | | |\n| ---------------------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |\n| Cars used to provide basic serviceride-sourcing, ride-hailing or ride-sharing services (eg uberX) | 8 | * | 1 Jul 2016 |\n| Generally (including cars used to provide premium service ride-sourcing, ride-hailing or ride-sharing services eg UberBLACK) | 6 | * | 1 Jul 2016 |\n\nSubstitute\n\n| Hire cars: | | | |\n| ------------------------------------------------------------------------------------------------------------------------------ | --- | --- | ---------- |\n| Cars used to provide basic serviceride-sourcing, ride-hailing or ride-sharing services (e.g. uberX) | 8 | * | 1 Jul 2016 |\n| Generally (including cars used to provide premium service ride-sourcing, ride-hailing or ride-sharing services e.g. UberBLACK) | 6 | * | 1 Jul 2016 |\n\n\\[35\\] Table B, items beginning with P\n\nAfter\n\n| Partitions (demountable) | 20 | * | 1 Jul 2005 |\n| ------------------------ | --- | --- | ---------- |\n\nInsert\n\n| Plastic safety screens (including sneeze guards) | 2 | * | 1 July 2022 |\n| ------------------------------------------------ | --- | --- | ----------- |\n\n\\[36\\] Table B, items beginning with P\n\nOmit\n\n| Portable structures (sheds, site office trailers, portable toilets and washrooms etc) used for a temporary period in offsite locations (eg construction sites) | 15 | * | 1 Jul 2014 |\n| -------------------------------------------------------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |\n\nSubstitute\n\n| Portable structures (sheds, site office trailers, portable toilets and washrooms etc) used for a temporary period in offsite locations (e.g. construction sites) | 15 | * | 1 Jul 2014 |\n| ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | --- | --- | ---------- |","sortOrder":4}],"analysis":{"flash_summary":{"complexity_score":5,"scope_assessment":{"changed":true,"description":"The instrument expands and updates the catalogue of assets covered by the Commissioner’s effective‑life determinations (adding new asset types and a Casino operations table and updating many entries), so the set of assets with Commissioner‑determined lives changes. It does not alter the underlying legal authority under the ITAA 1997 that lets the Commissioner set effective lives or the classes of taxpayers who must or may use them; it changes which specific assets and stated lives are published and applicable from 1 July 2022."},"complexity_factors":["Large volume of line‑item edits across many industry categories (Tables A and B), increasing review effort for affected taxpayers and advisers","Addition of new asset categories (e.g. plastic safety screens, electric bicycles/scooters, Casino operations) that alter which assets have Commissioner‑set lives","Multiple effective‑from dates (commencement 1 July 2022 and various historical application dates retained), creating transitional and retrospective application considerations","Cross‑references to the ITAA 1997 (paragraph 40‑95(1)(a) and several subsections) requiring understanding of when taxpayers may be directed to use Commissioner determinations","Mixture of substantive entries (new asset lifetimes) and purely editorial/formatting changes that complicate automated comparison and compliance updates","Industry‑specific detail (many sectors: agriculture, mining, manufacturing, retail, hospitality, transport, casino) increasing the breadth of impacted taxpayers"],"plain_english_summary":"This instrument updates the ATO Commissioner’s published ‘effective life’ tables (Tables A and B) for depreciating assets, making many textual and formatting changes, adding new asset entries (for example plastic safety screens, electric bicycles and scooters) and inserting a Casino operations category. It applies from 1 July 2022 and affects taxpayers who choose, or are required, to use a Commissioner‑determined effective life under the ITAA 1997; the mechanical effect is to change the timing of depreciation deductions and the recordkeeping needed for those assets."},"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"kimi_summary":{"_metrics":{"completionTokens":681},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":true,"description":"The determination has expanded significantly beyond routine updates. Originally intended to update effective lives for existing asset categories, it now introduces entirely new industry categories (casino operations, salt manufacturing, wooden furniture manufacturing) and new asset types (electric bicycles/scooters, COVID safety screens) that reflect contemporary business needs. The clothing manufacturing rewrite transforms a simple 3-item table into a detailed 20+ item schedule. This represents a substantial expansion of scope from technical maintenance to substantive policy development."},"complexity_factors":["Extensive tabular amendments with 36 separate schedule items","Cross-references between Table A (industry-specific) and Table B (general assets)","Nested asset categories with sub-classifications (e.g., sewing machines broken into 8 sub-types)","HTML table formatting embedded in legislative text","Multiple industry categories affected: agriculture, mining, manufacturing (7 sub-categories), retail, transport, telecommunications, rental, healthcare, arts/gambling","New effective life determinations require understanding of both old and new values for comparison","Definitions section with symbolic notation (* for reviewed, # for capped life)"],"plain_english_summary":"This instrument updates tax depreciation rules by revising effective lives for many assets and adding new asset categories, changing how quickly businesses claim deductions. It introduces detailed schedules for salt and wooden furniture manufacturing, a casino assets category, electric bikes/scooters, and short-lived plastic safety screens.\n\nIt affects businesses across manufacturing, retail, hospitality, transport, healthcare and entertainment that use the Commissioner’s effective lives, and includes minor editorial fixes to terminology and formatting."}},"importantCases":[],"_links":{"self":"/api/acts/income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022","history":"/api/acts/income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022/history","analysis":"/api/acts/income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022/analysis","conflicts":"/api/acts/income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022/conflicts","importantCases":"/api/acts/income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022/important-cases","documents":"/api/acts/income-tax-effective-life-of-depreciating-assets-amendment-determination-no-1-2022/documents"}}