ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Agriculture:
Grain, cotton, peanut and rice assets:
Seeding and fertilizing assets:
Planters (including bar, box, combined seeders, precision planters and row crop planters)15 years13.33%6.67%1 Jan 2007
Fruit and tree nut growing:
Fruit growing assets:
Pruning assets:
Mechanical pruning assets (including cutter bars and cane strippers, but excluding vine leaf removers)10 years20.00%10.00%1 Jul 2008
Sheep farming:
Weigh bars, weigh indicators and weigh platforms10 years20.00%10.00%1 Jan 2007
Beef cattle farming:
Cattle handling assets:
Scales, weigh indicators and loading bars5 years40.00%20.00%1 Jan 2007
Beef cattle feedlots:
Cattle handling assets:
Scales, weigh indicators and loading bars5 years40.00%20.00%1 Jan 2007
Pig farming:
Weigh bars, weigh indicators and weigh platforms5 years40.00%20.00%1 Jul 2008
MINING:
Materials handling assets:
Grizzly bars and scalpers25 years8.00%4.00%1 Jul 2003
Coal mining:
Coal preparation assets:
Grizzly bars and scalpers25 years8.00%4.00%1 Jul 2003
MANUFACTURING:
Meat processing:
Packaging assets:
Bar code label printers3 years66.67%33.33%1 Jul 2013
Bar code readers4 years50.00%25.00%1 Jul 2013
Cereal and pasta product manufacturing:
Cereal food manufacturing assets:
Baked cereal bar product manufacturing assets - see Table A Bakery product manufacturing (11710 to 11740)
Cold formed and nut based cereal bar manufacturing assets:
Cooling tunnels20 years10.00%5.00%1 Jul 2008
Enrobers12 ½ years16.00%8.00%1 Jul 2008
Guillotines15 years13.33%6.67%1 Jul 2008
Slab formers (sheeters)15 years13.33%6.67%1 Jul 2008
Slitters15 years13.33%6.67%1 Jul 2008
Spreaders15 years13.33%6.67%1 Jul 2008
Syrup cookers and kettles (including fire cookers)15 years13.33%6.67%1 Jul 2008
Tempering machines15 years13.33%6.67%1 Jul 2008
Clothing manufacturing:
Sewing machines:
General (including bar tack, binding, feed off the arm, single folder, two-needle, underwire)10 years20.00%10.00%1 Jul 2022
Iron smelting and steel manufacturing:
Basic oxygen steelmaking (BOS) and electric arc furnace (EAF) steel making assets:
BOS vessels (incorporating motors, gearboxes, bull gear, vessel, torsion bar, lube pumps, pulse generators, tacho generators, brakes, limit switches, pressure switches and support structures)10 years20.00%10.00%1 Jul 2010
Primary metal product casting assets:
Continuous casting machines (incorporating turrets, tundishes (incorporating lids and cassettes), tundish cars, moulds, dummy bars, segments, oscillators, rolls, water sprays, hydraulics, motors and gearboxes):
Billet casters17 years11.76%5.88%1 Jul 2010
Combination casters17 years11.76%5.88%1 Jul 2010
Slab casters17 years11.76%5.88%1 Jul 2010
Rod, bar, structural and rail mill assets:
Controlled tempering quenching cars10 years20.00%10.00%1 Jul 2010
Cut to length machines17 years11.76%5.88%1 Jul 2010
De-scaling systems (incorporating scale breaker, nozzles, pipe work, valves and high pressure pump)10 years20.00%10.00%1 Jul 2010
Finishing mills (incorporating motors, gearboxes, drives, guides and cassettes)20 years10.00%5.00%1 Jul 2010
Furnace charging skids20 years10.00%5.00%1 Jul 2010
Intermediate mills (incorporating motors, gearboxes, drives, guides and cassettes)20 years10.00%5.00%1 Jul 2010
Reversing roughing mills (incorporating motors, gearboxes, drives, guides and cassettes)20 years10.00%5.00%1 Jul 2010
Roughing mills (incorporating motors, gearboxes, drives, guides and cassettes)20 years10.00%5.00%1 Jul 2010
Shears (incorporating motors and drives)17 years11.76%5.88%1 Jul 2010
Stacker/bundlers12 years16.67%8.33%1 Jul 2010
Straighteners20 years10.00%5.00%1 Jul 2010
Walking beam cooling beds20 years10.00%5.00%1 Jul 2010
Walking beam, natural gas furnaces (incorporating structure, refractories, walking beam floors, furnace hydraulic systems, and charge and discharge doors)20 years10.00%5.00%1 Jul 2010
Sinter making assets:
Strand assets:
Spike roll crushers (incorporating bogey flex, electric motors, primary gearboxes, fluid couplings, grillage bars and crash decks)10 years20.00%10.00%1 Jul 2009
Steel strip metallic coating assets:
Quench systems (incorporating rolls, spray bars and tanks)10 years20.00%10.00%1 Jul 2010
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil roll forming assets:
Support assets:
Lifting assets:
Spreader bars10 years20.00%10.00%1 Jul 2012
Boiler, tank and other heavy gauge metal container manufacturing:
Sheet metal tanks manufacturing assets:
Spreader bars15 years13.33%6.67%1 Jul 2012
Aircraft manufacturing and repair services:
Tow bars10 years20.00%10.00%1 Jul 2020
CONSTRUCTION:
Bending machines (bar, angle or rod)10 years20.00%10.00%1 Jul 2008
Lift slab assets (incorporating spreader bars, clutches, pulleys and cables)5 years40.00%20.00%1 Jul 2008
WHOLESALE TRADE:
Livestock scales, weigh indicators and loading bars5 years40.00%20.00%1 Jul 2019
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Accommodation providers who operate a pub, tavern, bar, cafe, restaurant or club within their premises should use the effective life determinations shown for cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality) (45110 to 45302) for assets used in that business
Guestroom assets:
Kitchen assets:
Bar refrigerators10 years20.00%10.00%1 Jul 2005
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players, microphones, television sets, turntables and video projection equipment)5 years40.00%20.00%1 Jul 2005
Bars, freestanding (including drink service counters and wet bars)15 years13.33%6.67%1 Jul 2005
Beer dispensing system assets (including, tanks, taps tubes and valves)15 years13.33%6.67%1 Jul 2005
Coffee making machines (including espresso and drip filter type machines)5 years40.00%20.00%1 Jul 2005
Counters for customer service, freestanding15 years13.33%6.67%1 Jul 2005
Dance floor assets, freestanding (including wooden surface, fog and smoke machines, strobe lights and disco balls)5 years40.00%20.00%1 Jul 2005
Dishwasher machines8 years25.00%12.50%1 Jul 2005
Drink blenders3 years66.67%33.33%1 Jul 2005
Drink dispensing machines (including hot water urns, post mix dispensers, refrigerated and frozen drink dispensers and dairy dispensers, but excluding beer dispensing systems)10 years20.00%10.00%1 Jul 2005
Electronic spirits dispensers5 years40.00%20.00%1 Jul 2005
Floor coverings, removable without damage:
Carpet5 years40.00%20.00%1 Jul 2005
Rubber safety mats5 years40.00%20.00%1 Jul 2005
Food preparation and service assets:
Bench top appliances - small portable type (including blenders, food processors, grills, rice cookers and toasters)3 years66.67%33.33%1 Jul 2005
Cooking appliances, large commercial type (including cook tops, deep fryers, grills, kebab machines, ovens and salamanders)10 years20.00%10.00%1 Jul 2005
Cookware, handheld (including frypans, pans, pots, trays and woks)2 years100.00%50.00%1 Jul 2005
Crockery, cutlery and glassware1 years200.00%100.00%1 Jul 2005
Hot food display assets (including bain marie)10 years20.00%10.00%1 Jul 2005
Microwave ovens5 years40.00%20.00%1 Jul 2005
Preparation benches, freestanding20 years10.00%5.00%1 Jul 2005
Wok burners, large commercial type8 years25.00%12.50%1 Jul 2005
Furniture, freestanding, for customer use:
In drinking areas of pubs, bars, clubs5 years40.00%20.00%1 Jul 2005
In dining areas8 years25.00%12.50%1 Jul 2005
Furniture, not freestanding:
Chairs and tables fixed to ground or building20 years10.00%5.00%1 Jul 2005
Glassware1 years200.00%100.00%1 Jul 2005
Glass washer machines5 years40.00%20.00%1 Jul 2005
Kitchen exhaust fans5 years40.00%20.00%1 Jul 2005
Menu boards5 years40.00%20.00%1 Jul 2005
Plastic safety screens (including sneeze guards)2 years100.00%50.00%1 Jul 2022
Poker/gaming assets - see Table A Casino operations (92010)
Refrigeration assets:
Generally (including blast chillers, condensers, evaporators, refrigeration cabinets, standalone freezers and standalone refrigerators)10 years20.00%10.00%1 Jul 2014
Ice making machines8 years25.00%12.50%1 Jul 2014
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014
TRANSPORT, POSTAL AND WAREHOUSING:
Postal services:
Postal delivery services:
Letter sorting assets (including bar code sorters, culler facer cancellers and multiline optical character readers)12 years16.67%8.33%1 Jul 2016
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Vehicle service and inspection lane assets:
Data collection devices (including bar code readers, mobile recorders and transponders)5 years40.00%20.00%1 Jul 2011
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Bending machines (bar, angle and rod)10 years20.00%10.00%1 Jul 2008
Lift slab assets (incorporating spreader bars, clutches, pulleys and cables)5 years40.00%20.00%1 Jul 2008

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Source: TR 2022/1