ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Wooden furniture and upholstered seat manufacturing:
Tools:
Sawing machines:
Mitre saws (drop saws)7 years28.57%14.29%1 Jul 2022
CONSTRUCTION:
Saws, bench and mitre, portable7 years28.57%14.29%1 Jul 2008
OTHER SERVICES:
Photographic film processing:
Framing assets:
Mitre guillotines25 years8.00%4.00%1 Jul 2017
Mitre saws10 years20.00%10.00%1 Jul 2017
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Saws, bench and mitre, portable7 years28.57%14.29%1 Jul 2008

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Source: TR 2022/1