ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Audio visual entertainment assets (including those used in conference and function rooms (including amplifier, audio speaker, digital disc player, microphone, television sets, turntable, video projection equipment))5 years40.00%20.00%1 Jul 2005
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players, microphones, television sets, turntables and video projection equipment)5 years40.00%20.00%1 Jul 2005
ARTS AND RECREATION SERVICES:
Health and fitness centres and gymnasia operation:
Health and fitness centre operation assets:
Support assets:
Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players and television sets)4 years50.00%25.00%1 Jul 2012
Casino operations:
Entertainment assets:
Audio (including amplifiers, microphones, speakers, processors)5 years40.00%20.00%1 Jul 2022
Visual (including televisions, DVD players)5 years40.00%20.00%1 Jul 2022

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Source: TR 2022/1