ATO Depreciation Rates 2021 • Lounges

Table A
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
HEALTH CARE AND SOCIAL ASSISTANCE:
Child care services:
Support assets:
Reception furniture, freestanding (including lobby chairs, desks, lounges, sofas and tables) - see Table B Office furniture, freestanding
OTHER SERVICES:
Hairdressing and beauty services:
Beauty industry assets:
Reception furniture, freestanding (including lobby chairs, desks, lounges, sofas and tables)	10 years	20.00%	10.00%	1 Jul 2010
Hairdressing industry assets:
Reception furniture (including lobby chairs, desks, lounges, sofas and tables)	10 years	20.00%	10.00%	1 Jul 2010
Shampoo units and wash lounges, freestanding	10 years	20.00%	10.00%	1 Jul 2010

Table B
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
Office furniture, freestanding:
Reception assets (including lobby chairs, desks, lounges, sofas and tables)	10 years	20.00%	10.00%	1 Jul 2005

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ATO Depreciation Rates 2023