ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
WHOLESALE TRADE:
Signs - see Table B Advertising signs
RETAIL TRADE:
Signage used for business identification (including lighting for signs) - see Table B Advertising signs
Supermarket and grocery stores:
Support and other assets:
Signage:
Others (such as advertising signs and signage for business identification) - see Table B Advertising signs
FINANCIAL AND INSURANCE SERVICES:
Banking, building society and credit union operations:
Variable message signs, such as electronic FX boards and digital LED screens - see Table B Advertising signs
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Advertising services:
Advertising signs - see Table B Advertising signs
HEALTH CARE AND SOCIAL ASSISTANCE:
Child care services:
Support assets:
Fascia signs (including freestanding signs) - see Table B Advertising signs
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Advertising signs:
Billboard assets:
Billboard lighting:
HID/Metal halide lighting systems5 years40.00%20.00%1 Jul 2015
LED lighting systems (including solar powered LED lighting systems)10 years20.00%10.00%1 Jul 2015
Solar power generating assets - see Table B Solar photovoltaic electricity generation system assets
Billboard steel structures (incorporating electrical systems, footings, scaffolding and walking platforms and steel frame sign panels)20 years10.00%5.00%1 Jul 2015
Computer hardware - see Table B Computers
Digital LED screens6 years33.33%16.67%1 Jul 2015
Electronic message centre (EMC) units3 years66.67%33.33%1 Jul 2015
Mobile billboard assets:
Digital LED screens4 years50.00%25.00%1 Jul 2015
Mobile billboard trucks and trailers - see Table B Motor vehicles and trailers
Floor mounted internal advertising panels (used in airports and shopping centres etc)7 years28.57%14.29%1 Jul 2015
Kiosks and other external standalone advertising panel structures15 years13.33%6.67%1 Jul 2015
LED advertising screens (used in office tower foyers etc)5 years40.00%20.00%1 Jul 2015
Wall mounted advertising panels (used in airports, rail concourses and platforms, shopping centres etc):
Digital LED advertising panels5 years40.00%20.00%1 Jul 2015
Static advertising panels10 years20.00%10.00%1 Jul 2015
Signage for business identification (including lighting for signs) - see Table B Advertising signs

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Source: TR 2022/1