ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Guestroom assets:
Bedding (including mattress protectors, pillows and sheets)2 years100.00%50.00%1 Jul 2005
Bed mattresses7 years28.57%14.29%1 Jul 2005
HEALTH CARE AND SOCIAL ASSISTANCE:
Retirement village and accommodation for the aged operation:
Assistance and medical assets:
Mattresses:
Air3 years66.67%33.33%1 Jul 2019
Foam7 years28.57%14.29%1 Jul 2019
Child care services:
Furniture used by children, freestanding:
Age specific (including cots, changing tables, floor sleeping mattresses, high and low feeding chairs, and stackable beds)5 years40.00%20.00%1 Jul 2020

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Source: TR 2022/1