ATO depreciation rates for rail surveying 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 |
|---|---|---|---|---|
| Mobile rail surveying equipment | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Platform clearance gauges | 6 years | 16.67% | 33.33% | 1 July 2025 |
| Rail profile gauges | 6 years | 16.67% | 33.33% | 1 July 2025 |
| Stereoplotters – digital/softcopy (hardware only) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tablets | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Theodolites (digital) | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Total stations (including mechanical, manual, motorised, auto lock, robotic, universal and multi- stations) | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Traverse kits (incorporating tripods, tribrachs, prisms, poles and optical plummets) Unmanned aerial vehicles (drones/remotely piloted | 5 years | 20.00% | 40.00% | 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.