Cash handling assets

ATO depreciation rates for cash handling assets assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).

17 assets listed.

Asset Effective life Prime cost rate Diminishing value rate Applicable from
Cigarette cabinets, free standing 15 years 6.67% 13.33% 1 July 2025
Coin cabinets, secure coin storage units and coin trolleys 15 years 6.67% 13.33% 1 July 2025
Coin counters and sorters 10 years 10.00% 20.00% 1 July 2025
Coin counters and sorters, and coin deposit machines (CDMs) 10 years 10.00% 20.00% 1 July 2025
Counters, free standing (including checkout and service counters) 10 years 10.00% 20.00% 1 July 2025
Dishwashers 10 years 10.00% 20.00% 1 July 2025
Display racks and stands (including magazine racks/stands) 10 years 10.00% 20.00% 1 July 2025
Hot water systems (excluding piping) 12 years 8.33% 16.67% 1 July 2025
Label printers 5 years 20.00% 40.00% 1 July 2025
Label printing scales 8 years 12.50% 25.00% 1 July 2025
Labelling guns 5 years 20.00% 40.00% 1 July 2025
Microwave ovens 5 years 20.00% 40.00% 1 July 2025
Note counters and sorters 8 years 12.50% 25.00% 1 July 2025
Nut grinders/peanut butter makers 5 years 20.00% 40.00% 1 July 2025
Safes 15 years 6.67% 13.33% 1 July 2025
Teller cash recyclers (TCRs), teller cash dispensers (TCDs), teller assist units (TAUs) and automated teller safes (ATSs) 7 years 14.29% 28.57% 1 July 2025
Weighing machines (such as coin scales, digital weighing machines, and note scales) EFTPOS machines and EFTPOS terminals (such as 7 years 14.29% 28.57% 1 July 2025

About these rates

The effective lives shown above are determined by the Commissioner of Taxation under section 40-100 of the Income Tax Assessment Act 1997. The diminishing value rate equals 200% ÷ effective life (for assets acquired on or after 10 May 2006). The prime cost rate equals 100% ÷ effective life. You may alternatively self-assess effective life — see the ATO website for guidance.

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