ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Other manufacturing n.e.c.:
Umbrella manufacturers' plant:
Cutting boards10 years20.00%10.00%1 Jan 2001
Lathes13 ⅓ years15.00%7.50%1 Jan 2001
Motors20 years10.00%5.00%1 Jan 2001
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Professional photographic services:
Lighting assets:
Light shaping tools (including modelling glass protectors, reflectors and scrims, softboxes and umbrellas)3 years66.67%33.33%1 Jul 2015

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Source: TR 2022/1