ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
TRANSPORT, POSTAL AND WAREHOUSING:
Other air and space transport:
Aircraft:
Aeroplanes:
General use20 years10.00%5.00%1 Jul 2002
Used predominantly for agricultural spraying or agricultural dusting10 years20.00%10.00%1 Jul 2002
Helicopters:
General use20 years10.00%5.00%1 Jul 2002
Used predominantly for mustering, agricultural spraying or agricultural dusting10 years20.00%10.00%1 Jul 2002
HEALTH CARE AND SOCIAL ASSISTANCE:
Retirement village and accommodation for the aged operation:
Assistance and medical assets:
Chairs:
Wheelchair - electric, manual, tilt in space5 years40.00%20.00%1 Jul 2019
ARTS AND RECREATION SERVICES:
Amusement parks and centres operation and amusement and other recreational activities n.e.c.:
Space theatre domes33 ⅓ years6.00%3.00%1 Jan 2001
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Painting assets:
Space heaters10 years20.00%10.00%1 Jul 2015

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Source: TR 2022/1