ATO depreciation rates for examination lights assets in the Health Care And Social Assistance industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
13 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Desktop/trolley | 3 years | 33.33% | 66.67% | 1 July 2025 |
| Foetal heart monitors, external | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Magnifying loupes | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Medical plaster saws | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Medical refrigerators | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Nebulisers | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Oxygen tank regulators | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Portable observation machines (including vital signs monitors) | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Privacy curtains and rails | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Procedure | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Pulse oximeters | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Resuscitation kits | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Saddle chairs | 7 years | 14.29% | 28.57% | 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.