ATO depreciation rates for digital cameras assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
12 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Camera lenses | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Compact cameras (including point and shoot cameras) | 3 years | 33.33% | 66.67% | 1 July 2025 |
| Compact system cameras (including bridge cameras, micro four-thirds cameras, mirrorless cameras) | 3 years | 33.33% | 66.67% | 1 July 2025 |
| Door controls and motor drive systems for automatic sliding doors (incorporating chains, controls, motors and sensors, but excluding doors) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Dozers/front end loaders | 9 years | 11.11% | 22.22% | 1 July 2025 |
| Drink dispensing machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Electric bicycles (e-bicycles and e-bikes) | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Electric scooters (e-scooters) | 2 years | 50.00% | 100.00% | 1 July 2025 |
| Medium format single lens reflex (SLR) camera systems (including camera bodies and digital backs) | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Medium format single lens reflex (SLR) system (including camera bodies and digital backs) | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Others | 3 years | 33.33% | 66.67% | 1 July 2025 |
| SLR cameras (including full-frame SLR cameras) | 3 years | 33.33% | 66.67% | 1 July 2025 |
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.