ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
OTHER SERVICES:
Hairdressing and beauty services:
Beauty industry assets:
Electrical treatment assets:
Faradic, galvanic, high frequency and multi function units10 years20.00%10.00%1 Jul 2010
Light therapy units (including intense pulse light (IPL) systems)10 years20.00%10.00%1 Jul 2010
Micro dermabrasion units5 years40.00%20.00%1 Jul 2010
Hydrotherapy assets:
Spa capsules10 years20.00%10.00%1 Jul 2010
Vichy shower units10 years20.00%10.00%1 Jul 2010
Wet tables10 years20.00%10.00%1 Jul 2010
Massage and treatments beds:
Dry hydrotherapy (including flotation)7 years28.57%14.29%1 Jul 2010
Electronic7 years28.57%14.29%1 Jul 2010
Non electronic (including folding)10 years20.00%10.00%1 Jul 2010
Reception furniture, freestanding (including lobby chairs, desks, lounges, sofas and tables)10 years20.00%10.00%1 Jul 2010
Sterilisation processing assets (including autoclaves and hot towel cabinets)5 years40.00%20.00%1 Jul 2010
Hairdressing industry assets:
Barber chairs15 years13.33%6.67%1 Jul 2010
Coffee making machines (including espresso and drip filter type)5 years40.00%20.00%1 Jul 2010
Cutting chairs (including styling chairs and cutting stools)10 years20.00%10.00%1 Jul 2010
Cutting and styling workstations, freestanding10 years20.00%10.00%1 Jul 2010
Display shelving, freestanding10 years20.00%10.00%1 Jul 2010
Hairdryers and heat accelerator machines (excluding hand held)15 years13.33%6.67%1 Jul 2010
Reception furniture (including lobby chairs, desks, lounges, sofas and tables)10 years20.00%10.00%1 Jul 2010
Shampoo units and wash lounges, freestanding10 years20.00%10.00%1 Jul 2010

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Source: TR 2022/1