ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
All terrain vehicles (ATVs) used in primary production activities5 years40.00%20.00%1 Jul 2007
Dairy cattle farming:
Cattle handling assets:
All terrain vehicles (ATVs)3 years66.67%33.33%1 Jul 2007
ARTS AND RECREATION SERVICES:
Horse training (racing):
Arena and track maintenance assets:
Quad bikes/All-terrain vehicles (ATVs)5 years40.00%20.00%1 Jul 2021

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Source: TR 2022/1