ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Glass and glass product manufacturing:
Glass product manufacturing assets:
Glass handling and storage assets:
Vertical masts and other elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 66400), Elevating work platforms (EWPs)
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Handling assets:
Elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 66400), Elevating work platforms (EWPs)
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Elevating work platforms (EWPs):
Boom lifts (including knuckle and telescopic boom lifts)15 years13.33%6.67%1 Jul 2015
Personnel lifts10 years20.00%10.00%1 Jul 2015
Scissor lifts10 years20.00%10.00%1 Jul 2015

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Source: TR 2022/1