ATO depreciation rates for bending machines assets in the Manufacturing 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 |
|---|---|---|---|---|
| Chassis rail processing machines (incorporating drilling and profiling) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Chassis rail/frame bending machines | 20 years | 5.00% | 10.00% | 1 July 2025 |
| CNC lathes | 10 years | 10.00% | 20.00% | 1 July 2025 |
| CNC milling machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| CNC routing machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Conventional or non-CNC lathes | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Drilling machines (bench drills, pedestal drills and pillar drills) | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Folders (including pan brakes) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Guillotine shears | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Plasma cutters | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Punching machines | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Scribing and number stamping machines (including chassis number scribing/stamping machines and vehicle identification number stamping machines) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tube benders | 12 years | 8.33% | 16.67% | 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.