ATO depreciation rates for culverts and tunnels) assets in the Transport, Postal And Warehousing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
6 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Freight (trackwork used by vehicles with gross axle loads above 30 tonnes per vehicle) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Heavy haul (trackwork carrying >20 GMT per annum) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Light haul (trackwork carrying <1 GMT per annum) | 50 years | 2.00% | 4.00% | 1 July 2025 |
| Medium haul (trackwork carrying between 1 GMT and 20 GMT per annum) | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Passenger | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Turnouts and crossings | 20 years | 5.00% | 10.00% | 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.