ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
INFORMATION MEDIA AND TELECOMMUNICATIONS:
Motion picture exhibition:
Cinema automation systems10 years20.00%10.00%1 Jan 2001
Cinema and sound processors8 years25.00%12.50%1 Jan 2001
Cinema seating (including frames, seat bodies and covers)7 years28.57%14.29%1 Jan 2001

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Source: TR 2022/1