Depreciation Calculator (Australia)

Diminishing value and prime cost schedules for Division 40 assets

Results are estimates for guidance only. This tool does not provide financial advice.

Asset Details

Asset Cost (incl. GST if not claimable)

Effective Life (years)

Common ATO effective life values — check the ATO website for your specific asset.

Depreciation Method

Days Held in First Income YearOr pick purchase month (auto-calculates days to 30 June):

Australian tax rules pro-rata the first year's deduction by days held (to 30 June).

Enter asset details above

to see the depreciation schedule