ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
TRANSPORT, POSTAL AND WAREHOUSING:
Road transport:
Motor vehicles and trailers:
Limousines:
Sedan limousines6 years33.33%16.67%1 Jul 2016
Stretch limousines12 years16.67%8.33%1 Jul 2016
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Motor vehicles and trailers:
Limousines:
Sedan limousines6 years33.33%16.67%1 Jul 2016
Stretch limousines12 years16.67%8.33%1 Jul 2016

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Source: TR 2022/1