Depreciation Calculator

Calculate the decline in value of depreciating assets using prime cost or diminishing value methods.

Asset Details

Purchase Date

Cost ($)

Effective Life (years)

Choose Financial Year

Method

FY 2025-26 Deduction

$1500.00

Rate: 10.00%

ATO Depreciation Resources

Depreciation Schedule

Prime Cost (Straight Line) Method

Financial Year	Opening Value	Deduction	Closing Value
2024-25	$15000.00	$1495.89	$13504.11
2025-26	$13504.11	$1500.00	$12004.11
2026-27	$12004.11	$1500.00	$10504.11
2027-28	$10504.11	$1500.00	$9004.11
2028-29	$9004.11	$1500.00	$7504.11
2029-30	$7504.11	$1500.00	$6004.11
2030-31	$6004.11	$1500.00	$4504.11
2031-32	$4504.11	$1500.00	$3004.11
2032-33	$3004.11	$1500.00	$1504.11
2033-34	$1504.11	$1500.00	$4.11
2034-35	$4.11	$4.11	$0.00

This calculator provides estimates based on standard ATO depreciation rules. Actual deductions may vary based on your specific circumstances. Assets costing $300 or less may be immediately deductible.