ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Toolbox roller cabinets7 years28.57%14.29%1 Jul 2011
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Toolboxes and toolbox roller cabinets7 years28.57%14.29%1 Jul 2015

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Source: TR 2022/1