ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Agriculture:
Grain, cotton, peanut and rice assets:
General assets:
Aeration assets:
Kits15 years13.33%6.67%1 Jan 2007
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Surveying and mapping services:
Traverse kits (incorporating tripods, tribrachs, prisms, poles and optical plummets)5 years40.00%20.00%1 Jul 2015
HEALTH CARE AND SOCIAL ASSISTANCE:
General practice medical services:
Resuscitation kits15 years13.33%6.67%1 Jul 2020
ARTS AND RECREATION SERVICES:
Amusement parks and centres operation and amusement and other recreational activities n.e.c.:
Amusement machines and equipment:
Coin-operated amusement machines:
Interchangeable video game kits1 years200.00%100.00%1 Jul 2001
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Wheel service assets:
Bead breaker kits5 years40.00%20.00%1 Jul 2015

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Source: TR 2022/1