ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Garage doors, electric (excluding doors):
Controls and motors5 years40.00%20.00%1 Jul 2005
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Outdoor assets:
Automatic garage doors:
Controls5 years40.00%20.00%1 Jul 2004
Motors10 years20.00%10.00%1 Jul 2004

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Source: TR 2022/1