ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Hydrometallurgy and Pyrometallurgy assets:
Casting process assets for casting billets or ingots30 years6.67%3.33%1 Jul 2003
MANUFACTURING:
Concrete product manufacturing:
Prefabricated concrete product manufacturing assets:
Casting tables10 years20.00%10.00%1 Jul 2013
Iron smelting and steel manufacturing:
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
Cooler transfer arms (incorporating motors, gearboxes and drive shafts)17 years11.76%5.88%1 Jul 2010
Crop removal machines20 years10.00%5.00%1 Jul 2010
Cut to length machines and torch cutters15 years13.33%6.67%1 Jul 2010
De-burring machines (incorporating fixed drives)15 years13.33%6.67%1 Jul 2010
Emissions control assets:
Baghouses20 years10.00%5.00%1 Jul 2010
Dedusting fans (including extraction dusting incorporating gearboxes and drives)15 years13.33%6.67%1 Jul 2010
Dedusting ducts and mains15 years13.33%6.67%1 Jul 2010
Steam exhaust fans10 years20.00%10.00%1 Jul 2010
Hydraulic shears17 years11.76%5.88%1 Jul 2010
Materials handling assets:
Conveyor systems (including structures, belts, gearboxes and motors)20 years10.00%5.00%1 Jul 2010
Mould powder bins23 years8.70%4.35%1 Jul 2010
Screw feeders15 years13.33%6.67%1 Jul 2010
Scarfing machines (incorporating catenary system of hoses, power supply cables and support structures)20 years10.00%5.00%1 Jul 2010
Slab or billet cooler tanks (incorporating grid stands)30 years6.67%3.33%1 Jul 2010
Slab or billet marking machines17 years11.76%5.88%1 Jul 2010
Transfer beds17 years11.76%5.88%1 Jul 2010
Up-enders (including hydraulics)17 years11.76%5.88%1 Jul 2010
Walking beam cooling beds and run out tables17 years11.76%5.88%1 Jul 2010
Water treatment assets:
Basins and ponds30 years6.67%3.33%1 Jul 2010
Cooling towers (incorporating fans, motors, access platforms and stairs)20 years10.00%5.00%1 Jul 2010
Gravel and sand filters25 years8.00%4.00%1 Jul 2010
Heat exchangers10 years20.00%10.00%1 Jul 2010
Pipelines:
Water pipelines20 years10.00%5.00%1 Jul 2010
Valves and other non-pipe fittings10 years20.00%10.00%1 Jul 2010
Pumps:
Water pumps10 years20.00%10.00%1 Jul 2010
Chemical dosing pumps5 years40.00%20.00%1 Jul 2010
Skimmers and scrapers15 years13.33%6.67%1 Jul 2010
Tanks:
Sludge, chemical storage and dosing tanks20 years10.00%5.00%1 Jul 2010
Water tanks25 years8.00%4.00%1 Jul 2010
Thickeners and clarifiers (incorporating tanks, rakes and access platforms)30 years6.67%3.33%1 Jul 2010
Aluminium smelting:
Anode rodding assets (including aluminium spray station assets, furnaces and metal casting assets)20 years10.00%5.00%1 Jan 2003
Metal casting assets (including casting machines, casting wheels, crucibles, foam filters, furnaces, in-line metal treatment assets, stacking machines and weighing machines)20 years10.00%5.00%1 Jan 2003
Non-ferrous metal casting:
Metal casting assets (non-ferrous e.g. aluminium, brass and magnesium):
Cooling assets (including tables, conveyors, towers)15 years13.33%6.67%1 Jan 2004
Deodorising machines/fume extraction systems15 years13.33%6.67%1 Jul 2013
Die casting machines (including high pressure, low pressure and gravity type machines)15 years13.33%6.67%1 Jan 2004
Die tools (moulds used for casting)4 years50.00%25.00%1 Jan 2004
Heating assets:
Degassing assets5 years40.00%20.00%1 Jan 2004
Furnaces (including dosing, holding and melting)15 years13.33%6.67%1 Jan 2004
Heat treatment baskets5 years40.00%20.00%1 Jan 2004
Heat treatment ovens20 years10.00%5.00%1 Jan 2004
Ingot pre-heaters20 years10.00%5.00%1 Jan 2004
Quenching tanks20 years10.00%5.00%1 Jan 2004
Impregnation machines10 years20.00%10.00%1 Jul 2013
Machining/finishing assets:
Blast machines (including shot, sand, bead)20 years10.00%5.00%1 Jan 2004
CNC lathes10 years20.00%10.00%1 Jan 2004
CNC machining centres10 years20.00%10.00%1 Jan 2004
CNC milling machines10 years20.00%10.00%1 Jan 2004
Drilling machines15 years13.33%6.67%1 Jan 2004
Linishing belt machines10 years20.00%10.00%1 Jan 2004
Trim presses (hydraulic type and crank type)15 years13.33%6.67%1 Jan 2004
Trim tools used in trim press machines4 years50.00%25.00%1 Jan 2004
Vibrating machines (including rumbling and knock out machines10 years20.00%10.00%1 Jan 2004
Materials handling conveyors10 years20.00%10.00%1 Jan 2004
Molten metal transfer ladles3 years66.67%33.33%1 Jan 2004
Paint line conveyors15 years13.33%6.67%1 Jan 2004
Robots10 years20.00%10.00%1 Jan 2004
Sand casting assets:
Core boxes4 years50.00%25.00%1 Jan 2004
Core making machines (core blowers)15 years13.33%6.67%1 Jan 2004
Gas generators for sand curing15 years13.33%6.67%1 Jan 2004
Sand core dies7 years28.57%14.29%1 Jul 2013
Sand core making machines15 years13.33%6.67%1 Jul 2013
Testing assets:
Co-ordinate measurement machines10 years20.00%10.00%1 Jan 2004
Leak and pressure testing machines4 years50.00%25.00%1 Jan 2004
Spectrometers10 years20.00%10.00%1 Jan 2004
X-ray machines15 years13.33%6.67%1 Jan 2004
Tinsmiths' plant20 years10.00%5.00%1 Jan 2001
Motor vehicle manufacturing:
Non-ferrous metal casting assets - see Table A Non-ferrous metal casting (21410)

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

Source: TR 2022/1