ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
RETAIL TRADE:
Floor coverings (removable without damage):
Carpet8 years25.00%12.50%1 Jul 2005
Floating timber10 years20.00%10.00%1 Jul 2005
Linoleum10 years20.00%10.00%1 Jul 2005
Vinyl10 years20.00%10.00%1 Jul 2005
ACCOMMODATION AND FOOD SERVICES:
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Floor coverings, removable without damage:
Carpet5 years40.00%20.00%1 Jul 2005
Rubber safety mats5 years40.00%20.00%1 Jul 2005
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Floor coverings (removable without damage):
Carpet8 years25.00%12.50%1 Jul 2019
Floating timber15 years13.33%6.67%1 Jul 2004
Linoleum10 years20.00%10.00%1 Jan 2001
Vinyl10 years20.00%10.00%1 Jan 2001
HEALTH CARE AND SOCIAL ASSISTANCE:
Retirement village and accommodation for the aged operation:
Common area assets:
Artificial grass/synthetic lawn (removable without damage)15 years13.33%6.67%1 Jul 2019
Carpets - see Table B Floor coverings (removable without damage)
Fitness and recreation assets:
Bowling greens - artificial grass or carpet (removable without damage)15 years13.33%6.67%1 Jul 2019
Child care services:
Support assets:
Floor coverings - see Table B Floor coverings (removable without damage)
OTHER SERVICES:
Funeral, crematorium and cemetery services:
Mortuary assets:
Floor coverings - linoleum and vinyl (removable without damage)15 years13.33%6.67%1 Jul 2020
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Floor coverings (removable without damage):
Carpets (excluding fixed carpet tiles)8 years25.00%12.50%1 Jul 2016
Floating timber15 years13.33%6.67%1 Jul 2016
Linoleum and vinyl10 years20.00%10.00%1 Jul 2016

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Source: TR 2022/1