ATO depreciation rates for telephone systems assets in the Information Media And Telecommunications industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
4 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Telephone interface assets generally (used for sending and receiving audio to and from connected telephone lines) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Telephone screening systems and other personal computer based telephone systems (excluding software) | 6 years | 16.67% | 33.33% | 1 July 2025 |
| Time code generators | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Voice over internet protocol (VoIP) based systems | 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.