ATO depreciation rates for carpet manufacturing assets assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
17 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Accumulators | 20 years | 5.00% | 10.00% | 1 July 2025 |
| and sewing machines) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| and steamers) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Beamers (including warpers) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Creels | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Cutting tables | 15 years | 6.67% | 13.33% | 1 July 2025 |
| J Bins | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Lapping and mending frames | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Lapping trolleys | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Latex application assets | 17 years | 5.88% | 11.76% | 1 July 2025 |
| Offline mending tables | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Re-wind machines | 13 years | 7.69% | 15.38% | 1 July 2025 |
| Roll-up machines Sample binding assets (including binders 1 Jul 2017 | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Rope and twine manufacturers’ plant | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Shearers | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Stretchers (including pre-tenters) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Tufters | 15 years | 6.67% | 13.33% | 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.