ATO Consulting on Potential Changes to the Publication of Effective Life Determinations

The Australian Taxation Office (ATO) has launched a consultation on potential changes to the publication of effective life determinations for depreciation purposes.
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Updating how effective life determinations are published
We're updating how we publish effective life determinations. Your feedback can help shape this process.
Effective life determinations
The effective life of a depreciating asset is used to work out the asset's decline in value (or depreciation) which is used to c…