ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Dairy product manufacturing:
Assets for ice cream manufacturing:
Blenders and mixers:
Bench mounted planetary mixers15 years13.33%6.67%1 Jul 2018
Hand-held stick blenders5 years40.00%20.00%1 Jul 2018
Enrobers (including dippers)15 years13.33%6.67%1 Jul 2018
Extruders and extrusion line stick inserters15 years13.33%6.67%1 Jul 2018
Freezing assets:
Blast freezers and freezer tunnels/hardening tunnels (excluding cabinet style self-contained blast freezers)15 years13.33%6.67%1 Jul 2018
Cabinet style self-contained blast freezers10 years20.00%10.00%1 Jul 2018
Ice cream churners/freezers15 years13.33%6.67%1 Jul 2018
Moulding machines, moulds and moulding line stick inserters15 years13.33%6.67%1 Jul 2018
Ovens15 years13.33%6.67%1 Jul 2018
Portable batch pasteurisers12 years16.67%8.33%1 Jul 2018
Slush machines10 years20.00%10.00%1 Jul 2018
Human pharmaceutical and medicinal product manufacturing:
Packaging assets:
Cream, liquid and powder filling and sealing machines (including bag, bottle, syringe and tube fillers and sealers)12 years16.67%8.33%1 Jan 2004
Production assets:
Mixers and blenders (including cream, liquid, powder, and syrup mixers and blenders)10 years20.00%10.00%1 Jan 2004

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Source: TR 2022/1