ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Diagnostic, measuring and testing assets:
Laptop diagnostic systems:
Laptops - see Table B Computers, Laptops
Machine interface units3 years66.67%33.33%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Computers and computer equipment:
Mobile/portable computers (including laptops, tablets)2 years100.00%50.00%1 Jul 2016

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

Source: TR 2022/1