ATO depreciation rates for vehicle service and inspection lane assets assets in the General industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
10 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Axle and ball joint play testers or shakers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Control consoles | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Data collection devices (including bar code readers, mobile recorders and transponders) | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Roller brake testers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Shock absorber testers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Side slip testers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Speedometer tester | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Suspension play detectors | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Vehicle special tools | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Waste oil evacuators | 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.