ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
OTHER SERVICES:
Laundry and dry cleaning services:
Finishing assets:
Garment finishers (including collar and cuff presses, form finishers, pant toppers and puff irons)10 years20.00%10.00%1 Jul 2011

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Source: TR 2022/1