ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Concrete product manufacturing:
Prefabricated concrete product manufacturing assets:
Automated panel manufacturing assets:
Laser beam alignment systems10 years20.00%10.00%1 Jul 2013
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Ancillary and support assets:
Vehicle platforms and runways (used in wheel alignment etc)20 years10.00%5.00%1 Jul 2011
Assembly and body shop assets:
Alignment, positioning and verification assets:
Axle and frame alignment assets (including frame presses)15 years13.33%6.67%1 Jul 2011
Computer and laser based contact and non- contact devices (including 'Faro arms')10 years20.00%10.00%1 Jul 2011
Dumpy levels7 years28.57%14.29%1 Jul 2011
Trim and final shop assets:
Wheel alignment assets:
Wheel alignment lasers4 years50.00%25.00%1 Jul 2011
Wheel alignment systems (incorporating alignment machines housing computer hardware and software, probes and sensors)15 years13.33%6.67%1 Jul 2011
Railway rolling stock manufacturing and repair services:
Assembly assets:
Alignment assets (including gearbox alignment assets)10 years20.00%10.00%1 Jul 2014
RETAIL TRADE:
Motor vehicle tyre or tube retailing:
Wheel alignment machines7 years28.57%14.29%1 Jul 2011
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Wheel alignment machines7 years28.57%14.29%1 Jul 2011

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Source: TR 2022/1