You are looking at a schedule about depreciation rates. This schedule is part of the Income Tax Act 2007. It shows equivalent rates for different types of depreciation. You can find the rates in a table with two columns. One column is for diminishing value depreciation rates. The other column is for straight-line equivalent rates. The schedule is empowered by sections ss EE 40, EE 41, EZ 14, and EZ 15.

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

This page was last updated on 29 January 2026 — View changes

Topics:

Money and consumer rights > Taxes

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"

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