ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Mushroom growing:
Filling and emptying machines (including bag fillers, bed winches, cassette fillers and tunnel fillers)10 years20.00%10.00%1 Jul 2008
MANUFACTURING:
Iron smelting and steel manufacturing:
Basic oxygen steelmaking (BOS) and electric arc furnace (EAF) steel making assets:
Steel ladles (incorporating tilting bales, thrusters, cassettes, shells, lids and linings)20 years10.00%5.00%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:
Finishing mills (incorporating motors, gearboxes, drives, guides and cassettes)20 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
INFORMATION MEDIA AND TELECOMMUNICATIONS:
Motion picture and video activities:
Post production video assets:
VHS video cassette players and recorders2 years100.00%50.00%1 Jan 2006
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Household assets:
Stereo systems (incorporating amplifiers, cassette players, CD players, radios and speakers)5 years40.00%20.00%1 Jan 2006
Video cassette recorder systems (VCR)5 years40.00%20.00%1 Jan 2006
Residential property operators:
Assets generally:
Stereo systems (incorporating amplifiers, cassette players, CD players, radios and speakers)7 years28.57%14.29%1 Jul 2004
Video cassette recorder systems (VCRs)5 years40.00%20.00%1 Jul 2004

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Source: TR 2022/1