ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
TRANSPORT, POSTAL AND WAREHOUSING:
Road transport:
Motor vehicles and trailers:
Cars (motor vehicles designed to carry a load of less than one tonne and fewer than 9 passengers):
Generally8 years25.00%12.50%1 Jan 2006
Hire cars:
Cars used to provide basic service ride-sourcing, ride-hailing or ride-sharing services (e.g. uberX)8 years25.00%12.50%1 Jul 2016
Generally (including cars used to provide premium service ride-sourcing, ride-hailing or ride-sharing services e.g. UberBLACK)6 years33.33%16.67%1 Jul 2016
Rental cars5 years40.00%20.00%1 Jul 2016
Taxis4 years50.00%25.00%1 Jul 2015
Light commercial vehicles designed to carry a load of one tonne or greater and having a gross vehicle mass of 3.5 tonnes or less12 years16.67%8.33%1 Jan 2005
Minibuses having a gross vehicle mass of 3.5 tonnes or less and designed to carry 9 or more passengers12 years16.67%8.33%1 Jan 2005
ARTS AND RECREATION SERVICES:
Amusement parks and centres operation and amusement and other recreational activities n.e.c.:
Amusement machines and equipment:
Rides and devices (fixed or mobile):
Children's rides (designed for the carriage of children less than 8 years old)15 years13.33%6.67%1 Jan 2002
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Motor vehicles and trailers:
Cars (motor vehicles designed to carry a load of less than one tonne and fewer than 9 passengers):
Generally8 years25.00%12.50%1 Jan 2006
Hire cars:
Cars used to provide basic service ride-sourcing, ride-hailing or ride-sharing services (e.g. uberX)8 years25.00%12.50%1 Jul 2016
Generally (including cars used to provide premium service ride-sourcing, ride-hailing or ride-sharing services e.g. UberBLACK)6 years33.33%16.67%1 Jul 2016
Rental cars5 years40.00%20.00%1 Jul 2016
Taxis4 years50.00%25.00%1 Jul 2015
Light commercial vehicles designed to carry a load of one tonne or greater and having a gross vehicle mass of 3.5 tonnes or less12 years16.67%8.33%1 Jan 2005
Minibuses having a gross vehicle mass of 3.5 tonnes or less and designed to carry 9 or more passengers12 years16.67%8.33%1 Jan 2005

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Source: TR 2022/1