ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Fire control assets:
Detection and alarm systems:
Alarm bells12 years16.67%8.33%1 Jul 2004
Security and monitoring assets:
Security systems:
Noise makers (including bells and sirens)5 years40.00%20.00%1 Jul 2004
ARTS AND RECREATION SERVICES:
Health and fitness centres and gymnasia operation:
Health and fitness centre operation assets:
Free weight training assets:
Barbells, dumbbells, kettle bells, weight plates and storage racks6 years33.33%16.67%1 Jul 2012
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Fire control and alarm assets:
Detection and alarm systems:
Alarm bells12 years16.67%8.33%1 Jul 2004
Security and monitoring assets:
Security systems:
Noise maker (including alarms and bells)5 years40.00%20.00%1 Jul 2004

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Source: TR 2022/1