ATO Depreciation Rates 2021 • Split

Table A
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
MANUFACTURING:
Paint and coatings manufacturing:
Paint and coatings manufacturing assets:
Testing assets:
Air conditioning assets (including room units and split systems)	8 years	25.00%	12.50%	1 Jul 2013
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Air conditioning assets (excluding ducting, pipes and vents):
Mini split systems up to 20KW (including ceiling, floor and high wall split system)	10 years	20.00%	10.00%	1 Jul 2003

Table B
Name	Effective Life	Diminishing Value Rate	Prime Cost Rate	Date of Application
Air-conditioning assets (excluding pipes, duct work and vents):
Mini split systems up to 20KW (including ceiling, floor and high wall split systems)	10 years	20.00%	10.00%	1 Jul 2003

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ATO Depreciation Rates 2023