Depreciation Calculator
Calculates depreciation using the ATO prime cost and diminishing value methods.
Your result
Estimate only. Results update as you type.
How this calculator works
Prime cost = cost ÷ effective life. Diminishing value = base value × 200% ÷ effective life.
Worth knowing
Check whether the instant asset write-off applies to your business before depreciating an asset over several years.
Guides for this calculator
- Using a Depreciation Calculator in Australia: A Step-by-Step Guide
- Common Depreciation Mistakes (and a Better Way)
Questions
- When do I need to register for GST?
- When your annual GST turnover reaches $75,000, or $150,000 for non-profits. Taxi and ride-share drivers must register regardless of turnover.
- What company tax rate applies?
- 25% for base rate entities with turnover under $50 million, and 30% for other companies.
- Should I talk to an accountant?
- Yes, for structure, tax planning and compliance. These calculators give quick estimates only.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.