ATO depreciation rates for rides and devices (fixed or mobile) assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
18 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Chair-o-planes | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Children’s indoor soft playgrounds | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Children’s rides (designed for the carriage of children less than 8 years old) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Ferris wheels | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Free falls (including giant drop and tower of terror) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Inflatables (including jumping castles) | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Non-powered (including corkscrew loop, looping coasters and mini roller coasters – wild cat, madmouse) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Overhead transit devices (including chair lifts and cabin lifts) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Powered (including tornado) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Round rides with or without additional motions (including merry-go-rounds) Self-drive non-powered gravity rides (including | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Simulators | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Swinging rides (including pirate ship, spaceloop, and rainbow) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Track | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Trains, tracked or trackless (including tractor trains and miniature railways) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Vehicle | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Vehicle Self-drive powered rides (including dodgems | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Water rides | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Water slides (gravity powered) | 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.