ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Trim and final shop assets:
Headlight aiming equipment10 years20.00%10.00%1 Jul 2011
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Headlight testers7 years28.57%14.29%1 Jul 2011

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Source: TR 2022/1