ATO depreciation rates for microphones assets in the Information Media And Telecommunications 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 |
|---|---|---|---|---|
| Audio amplification and processing equipment (including component rack systems) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Carpets | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Cinema and sound processors | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Cinema automation systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Cinema seating (including frames, seat bodies and covers) | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Curtains, wall and acoustic treatments | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Field and portable microphones | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Field or boom microphones | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Lapel microphones | 1 years | 100.00% | 200.00% | 1 July 2025 |
| Microphone accessories (including adapters, connectors, stands, suspension mounts, pistol grips, windscreens and windjammers) | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Microphone booms | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Microphone cables | 2 years | 50.00% | 100.00% | 1 July 2025 |
| Miniature or ‘lapel’ microphones | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Monitors | 2 years | 50.00% | 100.00% | 1 July 2025 |
| On air lights | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Racks | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Speakers | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Video monitors | 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.