ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Laundry assets used by hotel/motel operators:
Linen bins15 years13.33%6.67%1 Jul 2005
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Linen5 years40.00%20.00%1 Jul 2004

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

Source: TR 2022/1