ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Press shop assets:
Bending machines:
Chassis rail/frame bending machines20 years10.00%5.00%1 Jul 2011
Chassis rail drilling/punching machines:
Chassis rail processing machines (incorporating drilling and profiling)20 years10.00%5.00%1 Jul 2011
Punching machines20 years10.00%5.00%1 Jul 2011
Scribing and number stamping machines (including chassis number scribing/stamping machines and vehicle identification number stamping machines)10 years20.00%10.00%1 Jul 2011
Trim and final shop assets:
Torque testing machines (including chassis dynamometers and engine dynamometers)12 years16.67%8.33%1 Jul 2011
Motor vehicle body and trailer manufacturing:
Bus vehicle body assembly assets (on supplied motor and chassis) - see Table A Motor vehicle manufacturing (23110), bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets)
OTHER SERVICES:
Automotive body, paint and interior repair n.e.c.:
Smash repair assets:
Frame straightening assets:
Chassis measuring assets:
Computerised10 years20.00%10.00%1 Jul 2009
Manual10 years20.00%10.00%1 Jul 2009
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Accommodation units in caravan/tourist parks being articles, not fixtures, and used for a specified purpose:
Relocatable homes and tourist park cabins constructed with chassis20 years10.00%5.00%1 Jul 2015

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Source: TR 2022/1