ATO depreciation rates for office furniture and equipment assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
11 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Chairs | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Control systems and control system assets (including control cabinets and panels, instruments, programmable logic controllers (PLCs), sensors, switchgear telemetry and variable speed drives (VSDs)) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Desks | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Display cabinets (refrigerated) | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Filing cabinets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Letter folding and inserting machines (including envelope inserters and letter inserters – desktop/low volume units) | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Office chairs | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Reception assets (including lobby chairs, desks, lounges, sofas and tables) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Shelving – retail | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Timber Cabinets (including credenzas, cupboards, filing, | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Workstations (including desks and partitions) | 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.