income tax act - Fiji Revenue & Customs Authority
income tax act - Fiji Revenue & Customs Authority
income tax act - Fiji Revenue & Customs Authority
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188<br />
Effective Life<br />
(years)<br />
Assets<br />
Acquired<br />
Pre 1/1/1998<br />
Assets<br />
Acquired<br />
Post 1/1/1998<br />
Assets<br />
Prime Cost<br />
Depreciation Rates (%)<br />
Rep – Replacement Cost<br />
* - Asset previously not listed<br />
copra drying kilns 10 10 12<br />
copra sacks rep rep<br />
copra steam and heat dryers 10 10 12<br />
copra vats 14 7 12<br />
Cold rooms 8 7 18<br />
Communication equipment:<br />
facsimile machines 5 * 24<br />
telephones- including mobile and radio telephones 5 * 24<br />
voice mail equipment 5 * 24<br />
comp<strong>act</strong> disc players 5 * 24<br />
compressors 20 7 6<br />
Computer equipment:<br />
lap top computers 4 15 40<br />
mainframe computers 6 15 24<br />
mini computers 5 15 24<br />
moderns 5 15 24<br />
personal computers 5 15 24<br />
printers 5 15 24<br />
scanners 5 15 24<br />
terminals 5 15 24<br />
other plant 5 15 24<br />
Computer software:<br />
<strong>tax</strong>ation software used in the preparation of <strong>income</strong> <strong>tax</strong><br />
returns for one particular year only 1 * 100<br />
the copyright in software, the right to use the copyright<br />
in software, the right to use software or where a copy or a<br />
software program is purchased 3 * 40<br />
concrete mixers 10 7 12<br />
concrete pipe manuf<strong>act</strong>uring plant 12 7 12<br />
confectionery machinery 20 7 6<br />
Crates:<br />
metal 5 rep 24<br />
plastic and wooden 2 rep 60<br />
crushing plant-stone 10 7 12<br />
curtains and drapes 7 rep 18<br />
D<br />
dairy farm plant:<br />
fences 33 rep 6
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