ATO depreciation rates for polyurethane coating, priming etc) assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
7 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Automated external defibrillators (AEDs) | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Automatic teller machines (ATMs) | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Bending machines (bar, angle and rod) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Block and brick elevators, portable | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Boilers | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Electrically and petrol-driven units | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Pneumatically-driven units | 15 years | 6.67% | 13.33% | 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.