Division 40 · kitchen
Cooktop: effective life and depreciation rate
Gas, ceramic and induction cooktops are all plant with a 12-year life. A cooktop set into a stone benchtop is still a separate asset from the benchtop, which is capital works.
- Effective life
- 12 yrs
- DV · PC rate
- 16.67% · 8.33%
- Installed new, 2026
- $753
Five years of a cooktop bought new
A cooktop costing $753, held for each full year, under each method. At $753 it costs less than $1,000, so it can go into the low-value pool from the start: 18.75% of its cost in the first year, then 37.5% of what is left each year after, $660 over the five years against $451 at its own rate under diminishing value.
| Year | Diminishing value 16.67% | Prime cost 8.33% | Low-value pool |
|---|---|---|---|
| 1 | $126 | $63 | $141 |
| 2 | $105 | $63 | $230 |
| 3 | $87 | $63 | $143 |
| 4 | $73 | $63 | $90 |
| 5 | $60 | $63 | $56 |
| Five years | $451 | $315 | $660 |
Full years of 365 days. Diminishing value and prime cost are worked by days held ÷ 365 (sections 40-72 and 40-75), so a year that includes 29 February, held throughout, claims 366/365 of what a 365-day year would on the same value. The first year is pro-rated by the days the item is held for earning rent, except in the pool, whose rates are not by the day.
What a cooktop cost installed, by year
- 2000$464
- 2010$558
- 2020$630
- 2026$753
The effective life of a cooktop fitted new in a property built in 2014 ends in 2026, while the building's own capital works deduction runs to the 2053–54 income year: see depreciation on a property built in 2014.
Price is for one item, supplied and installed.
By dwelling type
Our dwelling pages price a cooktop with the typical plant of a house, a townhouse, a unit and an apartment in every state; two states of each:
- A house in Western Australia
- A house in Tasmania
- A townhouse in Tasmania
- A townhouse in the Northern Territory
- A unit in the Northern Territory
- A unit in New South Wales
- An apartment in Victoria
- An apartment in Western Australia
Each is priced at its state's rates, and the state's own page sets the four types side by side: New South Wales, Victoria, Western Australia, Tasmania and the Northern Territory.
Common questions
What is the effective life of a cooktop?
12 years, as the Commissioner of Taxation determines it for "Cook tops" under "Kitchen assets" in the residential property operators' table of the Income Tax Assessment (Effective Life of Depreciating Assets) Determination 2025, which most schedules use (an owner may estimate its own instead, section 40-105). Five of the other 36 items here share it, among them a rangehood and a refrigerator.
What is the depreciation rate for a cooktop?
16.67% a year under diminishing value (200% ÷ 12), taken from what is left of the value: $126 of the $753 it costs installed new in the first full year, $60 in the fifth. Or 8.33% a year under prime cost (100% ÷ 12), taken from the cost: $63 in each of the first five. An item first held before 10 May 2006 takes 150% ÷ 12 under diminishing value.
Can I claim a cooktop that came with the property?
Generally not, for an individual, a self-managed super fund or most trusts and partnerships that bought an established property at or after 7.30 pm on 9 May 2017 (section 40-27; the 2017 rules set out who it reaches and the exceptions). Such plant is still valued, at what it costs new in the year the property is bought less its age and condition: for a cooktop 6 years old in good condition, about $377 of the $753 new in 2026, a value whose decline can make a capital gain or loss when it is sold or scrapped. For a cooktop bought new for the property while it is let, and never used while it was the owner's home, deductions start on the day of installation.
What does it cost to install a cooktop?
About $753 installed new in 2026, from our cost database, and about $558 in 2010. The other items here nearest it in price are a rangehood (about $730, with a 12-year life) and a pool pump (about $721, with a 10-year life).
Other items
General information only, not advice about your circumstances. Speak to a registered tax agent before relying on it.