This schedule is about depreciation rates. Depreciation is when something loses value over time. You can find the straight-line equivalent of diminishing value rates of depreciation in this table.

The table has two columns: one for diminishing value depreciation rate and one for straight-line equivalent. The rates are shown as percentages.

The schedule is part of the Income Tax Act 2007, which is empowered by sections like ss EE 40, EE 41, EZ 14, and EZ 15.

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This page was last updated on 20 May 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1523340.

Schedule 6: Prescribed rates: PIE investments and retirement scheme contributions, or

"Special tax rates for investments and retirement savings"

Schedule 11: New banded rates of depreciation, or

"How to work out the value of things that lose value over time, like machines or buildings"

10Straight-line equivalents of diminishing value rates of depreciation Empowered by ss EE 40, EE 41, EZ 14, EZ 15

This is a medium table on 3 pages having 2 columns. The first row on each page is the headings for the columns.
Column 1 Diminishing value depreciation rate (%)	Column 2 Straight-line equivalent (%)
1	1
2	1.5
2.5	2
3	2.5
4	3
5	3.5
6	4
7	5
7.5	5.5
8	6
9.5	6.5
10	7
11	7.5
12	8
13	8.5
13.5	9
14	9.5
15	10
16	10.5
16.5	11
17	11.5
17.5	12
18	12.5
19	13
20	13.5
20.5	14
21	14.5
21.5	15
22	15.5
23	16
24	16.5
24.5	17
25	17.5
26	18
27	18.5
27.5	19
28	19.5
28.5	20
29	20.5
30	21
31	22
32	22.5
32.5	23
33	24
34	24.5
34.5	25
35	25.5
36	26
37	27
38	27.5
39	28
39.5	29
40	30
41	31
42	32
43	32.5
44	33
45	33.5
45.5	34
46	34.5
46.5	35
47	35.5
47.5	36
48	36.5
48.5	37
49	39
50	40
50.5	41
51	42
52	43
53	44
54	45
55	45.5
56	46
57	47
58	47.5
60	48
61	49
62	50
63	51
63.5	63.5
64	64
65	65
66	66
67	67
68	68
69	69
70	70
71	71
72	72
73	73
74	74
75	75
76	76
77	77
78	78
79	79
80	80
81	81
82	82
100	100