24 May 10 Effective life review of assets used in fabricated metal product manufacturing
The ATO advises that it has started reviews of the assets used in various aspects of fabricated metal product manufacturing with a view to making new effective life determinations. The ATO expects to complete its reviews progressively over the next two to three years, with initial effective life determinations applying from 1 July 2011.
The ATO is seeking the participation of interested parties in the review process. For more information, go here