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10 Jul 08 Capital allowances: effective life reviews

The ATO has announced that it has commenced a review of the following assets with a view to making new effective life determinations:

[The ATO expects its review of these assets to be completed within 18 months, with new effective life determinations applying from 1 July 2010.]

[The ATO expects its review of these assets to be completed within 12 months, with new effective life determinations applying from 1 July 2009.]

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