ATO Depreciation Rates 2021 • Reception

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

Table B
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
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
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