ATO Depreciation Rates 2021 • Painting

Table A
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
OTHER SERVICES:
Automotive body, paint and interior repair n.e.c.:
Smash repair assets:
Painting assets:
Buffing machines	3 years	66.67%	33.33%	1 Jul 2009
Infrared paint dryers:
Heating arches	20 years	10.00%	5.00%	1 Jul 2009
Mobile	7 years	28.57%	14.29%	1 Jul 2009
Sanders	3 years	66.67%	33.33%	1 Jul 2009
Spectrophotometers	4 years	50.00%	25.00%	1 Jul 2009
Spray bake ovens	12 years	16.67%	8.33%	1 Jul 2009
Spray guns	3 years	66.67%	33.33%	1 Jul 2009
Spray gun washing machines	5 years	40.00%	20.00%	1 Jul 2009
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Painting assets:
Buffing machines	3 years	66.67%	33.33%	1 Jul 2015
Paint agitators	3 years	66.67%	33.33%	1 Jul 2015
Space heaters	10 years	20.00%	10.00%	1 Jul 2015
Spray booths	15 years	13.33%	6.67%	1 Jul 2015
Spray gun washing machines	5 years	40.00%	20.00%	1 Jul 2015

Table B
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
Airless sprayers (used in painting, epoxy and polyurethane coating, priming etc):
Electrically and petrol-driven units	7 years	28.57%	14.29%	1 Jul 2013
Pneumatically-driven units	15 years	13.33%	6.67%	1 Jul 2013
Artworks qualifying as depreciating assets (restricted to works of art and reproductions of artwork that are tangible in nature, such as paintings, sculptures, drawings, engravings and photographs, that are displayed in open viewing areas in premises used for taxable purposes including reception areas, waiting rooms and foyers)	100 years	2.00%	1.00%	1 Jul 2013

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ATO Depreciation Rates 2023