Binding assets

ATO depreciation rates for binding assets assets in the Manufacturing 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
Binding lines (including case binding lines and perfect binding lines) 15 years 6.67% 13.33% 1 July 2025
Casemakers 10 years 10.00% 20.00% 1 July 2025
Collators 15 years 6.67% 13.33% 1 July 2025
Die cutters 15 years 6.67% 13.33% 1 July 2025
Drilling units 10 years 10.00% 20.00% 1 July 2025
Foil stamping machines Folders 121/2 * 1 Jan 2006 10 years 10.00% 20.00% 1 July 2025
Guillotines and ancillary assets (including joggers, stackers and transomats) 15 years 6.67% 13.33% 1 July 2025
Laminators 10 years 10.00% 20.00% 1 July 2025
Mail inserters 5 years 20.00% 40.00% 1 July 2025
Perfect binders – standalone 10 years 10.00% 20.00% 1 July 2025

About these rates

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.

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