ATO depreciation rates for testing assets 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 |
|---|---|---|---|---|
| Air conditioning assets (including room units and split systems) | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Bogie, brake and spring testing assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Cab test benches and CRC cable testing assets | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Co-ordinate measurement machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Concrete testers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Earth testing assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Electrical testing assets (including multimeters) Post production testing assets (excluding weighing | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Gloss meters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Spectrometers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tinsmiths’ plant | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Vacuum lifters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Viscometers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| X-ray machines | 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.