ATO depreciation rates for hairdressing industry assets assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
8 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Barber chairs | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Coffee making machines (including espresso and drip filter type) | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Cutting and styling workstations, freestanding | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Cutting chairs (including styling chairs and cutting stools) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Display shelving, freestanding | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Hairdryers and heat accelerator machines (excluding handheld) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Reception furniture (including lobby chairs, desks, lounges, sofas and tables) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Shampoo units and wash lounges, freestanding | 10 years | 10.00% | 20.00% | 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.