ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Fruit and tree nut growing:
Fruit growing assets:
Planting assets:
Hole burners10 years20.00%10.00%1 Jul 2008
MANUFACTURING:
Grain mill product manufacturing:
Malt manufacturing assets:
Kiln assets:
Gas burners15 years13.33%6.67%1 Jul 2008
Cement manufacturing:
Preheat and clinker production assets:
Kilns (incorporating kiln shell, inlet chamber, roller stations, thrust unit, kiln hood, burner and drive)25 years8.00%4.00%1 Jul 2011
Iron smelting and steel manufacturing:
Assets used in common in iron smelting and steel manufacturing processes:
Stacks (including flare off stacks (incorporating burners and derricks))20 years10.00%5.00%1 Jul 2010
Basic oxygen steelmaking (BOS) and electric arc furnace (EAF) steel making assets:
Flux making assets:
Kiln burner units (incorporating gas and firing systems)15 years13.33%6.67%1 Jul 2010
Pellet making assets:
Induration assets:
Kiln burner units (incorporating gas and firing systems)15 years13.33%6.67%1 Jul 2010
ACCOMMODATION AND FOOD SERVICES:
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Food preparation and service assets:
Wok burners, large commercial type8 years25.00%12.50%1 Jul 2005
TRANSPORT, POSTAL AND WAREHOUSING:
Scenic and sightseeing transport:
Hot air balloon ride operation assets:
Hot air balloon assets:
Burners10 years20.00%10.00%1 Jul 2013
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific testing and analysis services:
Coal laboratory assets:
Laboratory analytical equipment and instruments:
Crucible Swell Number (CSN) burners10 years20.00%10.00%1 Jul 2018

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Source: TR 2022/1