ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Aquaculture:
Aeration assets:
Direct supply systems (including paddlewheels and aspirators):
Fresh water6 years33.33%16.67%1 Jul 2007
Salt water3 years66.67%33.33%1 Jul 2007
Remote or indirect supply systems (incorporating blowers, diaphragm pumps, diffusers, upwellers and pipelines)10 years20.00%10.00%1 Jul 2007
Aquaculture tanks:
Concrete20 years10.00%5.00%1 Jul 2007
Fibreglass15 years13.33%6.67%1 Jul 2007
Polyethylene (PE)20 years10.00%5.00%1 Jul 2007
Raceways20 years10.00%5.00%1 Jul 2007
Transport of live products10 years20.00%10.00%1 Jul 2007
Bins and crates5 years40.00%20.00%1 Jul 2007
Commercial vessels and support assets - see Table A Water transport and support services (48100 to 48200 and 52110 to 52190)
Control systems10 years20.00%10.00%1 Jul 2007
Cooling assets (including water chillers)10 years20.00%10.00%1 Jul 2007
Environmental control structures and protective structures used in salt water environment15 years13.33%6.67%1 Jul 2007
Feeders (including belt, pendulum, scatter and blower)5 years40.00%20.00%1 Jul 2007
Graders10 years20.00%10.00%1 Jul 2007
Harvesting nets4 years50.00%25.00%1 Jul 2007
Hatching assets (including hatching containers)10 years20.00%10.00%1 Jul 2007
Heating assets:
Direct heating system (including immersion heaters):
Fresh water10 years20.00%10.00%1 Jul 2007
Salt water5 years40.00%20.00%1 Jul 2007
Indirect heating system (including heat exchangers and passive heating)10 years20.00%10.00%1 Jul 2007
Instruments (including sensors and water quality meters)5 years40.00%20.00%1 Jul 2007
Oyster farming assets:
Baskets8 years25.00%12.50%1 Jul 2007
Oyster growing structures (incorporating posts and racks or lines)10 years20.00%10.00%1 Jul 2007
Rumblers10 years20.00%10.00%1 Jul 2007
Sticks5 years40.00%20.00%1 Jul 2007
Trays:
Plastic8 years25.00%12.50%1 Jul 2007
Timber5 years40.00%20.00%1 Jul 2007
Vats, treatment15 years13.33%6.67%1 Jul 2007
Power supply assets, emergency or standby:
Generators (incorporating attached engine management and generator monitoring instruments)15 years13.33%6.67%1 Jul 2007
Processing assets:
Conveyors, elevators and hoppers10 years20.00%10.00%1 Jul 2007
Cookers10 years20.00%10.00%1 Jul 2007
Packaging assets (including vacuum and modified atmospheric packing)10 years20.00%10.00%1 Jul 2007
Refrigeration assets:
Insulation panels in cool or freezer rooms used in salt water environment20 years10.00%5.00%1 Jul 2007
Sea cages (incorporating rings, nets, ropes, anchors, weights and stanchions)10 years20.00%10.00%1 Jul 2007
Water assets:
Aquaculture channels and ponds20 years10.00%5.00%1 Jul 2007
Liners and erosion matting for ponds and channels15 years13.33%6.67%1 Jul 2007
Pipes and pipelines:
Above ground (polyethylene (PE) and polyvinylchloride (PVC) including lay flat hoses)10 years20.00%10.00%1 Jul 2007
In ground (polyethylene (PE) and polyvinylchloride (PVC))30 years6.67%3.33%1 Jul 2007
Pumps:
Generally:
Fresh water10 years20.00%10.00%1 Jul 2007
Salt water5 years40.00%20.00%1 Jul 2007
Single phase transfer pumps:
Fresh water5 years40.00%20.00%1 Jul 2007
Salt water3 years66.67%33.33%1 Jul 2007
Water treatment assets (including filtration assets, foam fractionators, oxygen and ozone generators and UV sterilizers)10 years20.00%10.00%1 Jul 2007
Weighing machines5 years40.00%20.00%1 Jul 2007
TRANSPORT, POSTAL AND WAREHOUSING:
Water transport and support services:
Commercial vessels:
Fishing vessels (including trawlers, long liners, seiners, fin fish boats, pearling boats, lobster boats, aquaculture and other fishing boats):
Longer than 10 metres20 years10.00%5.00%1 Jul 2009
Not longer than 10 metres15 years13.33%6.67%1 Jul 2009

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Source: TR 2022/1