ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
RETAIL TRADE:
Supermarket and grocery stores:
Support and other assets:
Cash handling assets:
Coin counters and sorters10 years20.00%10.00%1 Jul 2020
FINANCIAL AND INSURANCE SERVICES:
Banking, building society and credit union operations:
Cash handling assets:
Coin cabinets, secure coin storage units and coin trolleys15 years13.33%6.67%1 Jul 2019
Coin counters and sorters, and coin deposit machines (CDMs)10 years20.00%10.00%1 Jul 2019
Weighing machines (such as coin scales, digital weighing machines, and note scales)7 years28.57%14.29%1 Jul 2019
ARTS AND RECREATION SERVICES:
Casino operations:
Count and cage assets:
Coin scales10 years20.00%10.00%1 Jul 2022

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Source: TR 2022/1