Accelerated rates of depreciation

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This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

You only use the tables below if you are able to use accelerated depreciation. You use the rate that corresponds to the effective life of the item of plant. The following tables show the appropriate rates.

For most general items of plant the accelerated rates are as follows (note that the first four categories are unlikely to apply for currently held items as the rates only apply to items acquired before 1 July 2001 with an effective life of less than ten years):

For most cars and motorcycles the following rates apply (note that the first four categories are unlikely to apply for currently held cars and motorcycles as the rates only apply to items acquired before 1 July 2001 with an effective life of less than ten years):