ATO depreciation rates for horse training pool assets assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
6 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Cleaning assets | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Filtration assets (including pumps) | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Stables, portable types | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Sulkies | 2 years | 50.00% | 100.00% | 1 July 2025 |
| Treadmills (including water types) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Walkers (including water walkers) | 20 years | 5.00% | 10.00% | 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.