ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Textile floor covering manufacturing:
Carpet manufacturing assets:
Sample binding assets (including binders and sewing machines)15 years13.33%6.67%1 Jul 2017
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
Printing support services:
Post-press (finishing) trade services assets:
Binding assets:
Binding lines (including case binding lines and perfect binding lines)15 years13.33%6.67%1 Jan 2006
Perfect binders - standalone10 years20.00%10.00%1 Jan 2006
Stitchers:
Generally (including drum stitchers, saddle stitching lines and side stitchers)12 ½ years16.00%8.00%1 Jan 2006
Saddle stitchers - standalone (bookletmakers)7 ½ years26.67%13.33%1 Jan 2006
OTHER SERVICES:
Photographic film processing:
Binding assets:
Binders7 years28.57%14.29%1 Jul 2017
Building-in machines15 years13.33%6.67%1 Jul 2017
Casemakers8 years25.00%12.50%1 Jul 2017
Casing-in machines7 years28.57%14.29%1 Jul 2017
Comb binders (including ring wire binders and spiral binders)5 years40.00%20.00%1 Jul 2017
Cutting machines (guillotines)10 years20.00%10.00%1 Jul 2017
Die cutting machines15 years13.33%6.67%1 Jul 2017
Folding machines10 years20.00%10.00%1 Jul 2017
Glue binders6 years33.33%16.67%1 Jul 2017
Hole punching machines7 years28.57%14.29%1 Jul 2017
Sewing machines5 years40.00%20.00%1 Jul 2017
Stich liners5 years40.00%20.00%1 Jul 2017

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Source: TR 2022/1