ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Water supply:
Assets used by irrigation water providers:
Dams and weirs ((incorporating gates and actuators) consisting of a barrier to obstruct the flow of water constructed from any or all of the following: concrete, earth and rockfill)100 years2.00%1.00%1 Jan 2005

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Source: TR 2022/1