ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Press shop assets:
Plasma cutters15 years13.33%6.67%1 Jul 2011
Metal stamping and blanking assets:
Maintenance workshop and tool room assets:
Cutting machines (including gas cutters and plasma cutting machines)10 years20.00%10.00%1 Jul 2012
Railway rolling stock manufacturing and repair services:
Maintenance and refurbishment assets:
Cutting assets (including guillotines, plasma cutters and profilers)15 years13.33%6.67%1 Jul 2014
INFORMATION MEDIA AND TELECOMMUNICATIONS:
Television broadcasting:
Monitors:
Video monitors:
LCD and Plasma monitors5 years40.00%20.00%1 Jul 2005
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific testing and analysis services:
Mineral processing and metallurgical laboratory assets:
Laboratory analytical equipment and instruments:
Inductively coupled plasma mass spectrometry (ICP-MS), and Inductively coupled plasmas optical emission spectroscopy (ICP-OES)10 years20.00%10.00%1 Jul 2019
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Plasma cutters10 years20.00%10.00%1 Jul 2015

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Source: TR 2022/1