ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Grading and packing line assets used on farm:
General assets:
Washing assets (including brush and barrel washers)10 years20.00%10.00%1 Jul 2008
MANUFACTURING:
Fruit and vegetable processing:
Dried fruit (other than sun-dried) manufacturing assets:
Processing assets:
Washing assets (including barrel washers, brush washers and ripple washers)15 years13.33%6.67%1 Jul 2018
Other food product manufacturing n.e.c.:
Frozen pre-prepared food manufacturing assets (including frozen appetisers and finger foods such as dim sims and spring rolls, frozen french fries/potato chips, frozen pizzas and frozen pre-prepared meals):
Frozen potato product manufacturing assets (including french fries/potato chips, potato flake, potato shred and shred product manufacturing assets):
Pre-processing assets:
Washers and brushers (including barrel washers, flat bed brushers, polishers and pre-cleaner wet hopper washers)12 years16.67%8.33%1 Jul 2012
Spirit manufacturing:
Barrels, tanks and tuns:
Barrels or casks (wooden):
Capacity greater than 150 litres10 years20.00%10.00%1 Jul 2018
Capacity of 150 litres or less4 years50.00%25.00%1 Jul 2018
Fermenters, washbacks, vats and holding tanks25 years8.00%4.00%1 Jul 2018
Intermediate bulk containers (IBC)8 years25.00%12.50%1 Jul 2018
Mash tuns and lauter tuns20 years10.00%5.00%1 Jul 2018
Support assets:
Barrel racks:
Steel20 years10.00%5.00%1 Jul 2018
Wooden15 years13.33%6.67%1 Jul 2018
Wine and other alcoholic beverage manufacturing:
Barrel assets:
Barrel racks20 years10.00%5.00%1 Jul 2008
Barrel washers7 years28.57%14.29%1 Jul 2008
Oak barrels4 years50.00%25.00%1 Jul 2008
Polymer film and sheet packaging material manufacturing:
Extrusion assets:
Extruders and co-extruders (incorporating barrels, screws, towers and treatment units, but excluding dies)20 years10.00%5.00%1 Jul 2014
Ready-mixed concrete manufacturing:
Truck transit mixers:
Mixers (incorporating barrel, chutes, frame and hydraulic pumps)5 years40.00%20.00%1 Jul 2014
WHOLESALE TRADE:
Petroleum product wholesaling:
Bulk fuel regional depot assets (excluding LPG assets):
Rigid fuel tank truck assets:
Aluminium tanks or barrels10 years20.00%10.00%1 Jul 2010
RETAIL TRADE:
Supermarket and grocery stores:
Produce assets:
Display barrels10 years20.00%10.00%1 Jul 2020
ADMINISTRATIVE AND SUPPORT SERVICES:
Packaging services:
Fruit and vegetables pack houses assets used off farm:
General assets:
Washing assets (including brush and barrel washers)10 years20.00%10.00%1 Jul 2008
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Concrete truck mixers (incorporating barrel, chutes, frame and hydraulic pumps)5 years40.00%20.00%1 Jul 2014

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Source: TR 2022/1