todayiamadaisy | Forced to Marry (Reply)

Today I got to spend some quality time with Taxation Ruling TR 2014/04: Effective life of depreciating assets. There are few things I enjoy more than a good list, and that's what this is: a list of all the things you might conceivably buy for your business and what their estimated life span is. So if you're thinking of buying a 'diatomaceous earth filter unit', you will get a good ten years out of it. On the other hand, a 'log sizing asset' should last twenty years. (What do we think a log sizing asset is? A big ruler?) 'Hat manufacturing machinery' will last a very specific thirteen-and-one-third years, while 'pipe reactors (titanium) used in ammonia nitrate solution manufacturing' will only last three years. All of which made looking up O for 'Office furniture, freestanding', seem a bit dull.

I am going to Canberra tomorrow for work-related reasons. And when I get back, I will be on leave for a week. Huzzah!