ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Plywood and veneer manufacturing:
Veneer peeling and slicing assets (including rotary peelers, longitudinal, crosscut, and staylog lathe slicers, log chargers and reelers)20 years10.00%5.00%1 Jan 2005
Glass and glass product manufacturing:
Container glass and flat (float) glass manufacturing assets:
Glass furnace assets:
Batch chargers12 years16.67%8.33%1 Jul 2008
Concrete product manufacturing:
Fibre cement building boards manufacturing assets:
Curing assets:
Chargers (including traversers)15 years13.33%6.67%1 Jul 2012
TRANSPORT, POSTAL AND WAREHOUSING:
Other warehousing and storage services:
Warehouse and distribution centre equipment and machines:
Battery assets for warehouse vehicles (including pallet trucks and forklifts):
Battery chargers:
Forklifts11 years18.18%9.09%1 Jul 2011
Other10 years20.00%10.00%1 Jul 2011
Voice picking assets:
Battery chargers4 years50.00%25.00%1 Jul 2011
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Battery chargers5 years40.00%20.00%1 Jul 2011
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Battery chargers5 years40.00%20.00%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Forklift battery chargers11 years18.18%9.09%1 Jul 2013
Warehouse and distribution centre equipment and machines:
Battery assets for warehouse vehicles (including pallet trucks and forklifts):
Battery chargers:
Forklifts11 years18.18%9.09%1 Jul 2011
Other10 years20.00%10.00%1 Jul 2011
Voice picking assets:
Battery chargers4 years50.00%25.00%1 Jul 2011

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