ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Other agriculture and fishing support services:
Pulse and seed processing assets:
Processing assets:
Separating assets:
Indented cylinders15 years13.33%6.67%1 Jul 2017
MANUFACTURING:
Grain mill product manufacturing:
Malt manufacturing assets:
Barley and malt cleaning assets (including deculmers, dust extractors, indented cylinders, magnetic cleaners, malt shakers, screeners)15 years13.33%6.67%1 Jul 2008
Pulp, paper and converted paper product manufacturing:
Pulp and paper mill assets:
Paper machine assets:
Dryers (including MG cylinder and yankee cylinder)25 years8.00%4.00%1 Jan 2002
Printing:
Screen printing assets:
Press assets:
Screen printing presses:
Cylinder presses15 years13.33%6.67%1 Jan 2006
Industrial gas manufacturing:
Industrial gas distribution assets:
Cylinder filling assets:
Cylinder filling station assets:
High pressure hoses10 years20.00%10.00%1 Jul 2011
Manifolds and piping (incorporating flashback arrestors):
Acetylene gas10 years20.00%10.00%1 Jul 2011
Other gases20 years10.00%5.00%1 Jul 2011
Water cooling system for acetylene cylinders (incorporating piping and spray nozzles)20 years10.00%5.00%1 Jul 2011
Cylinder frames (incorporating manifolds and piping)15 years13.33%6.67%1 Jul 2011
Cylinders:
Gas cylinders30 years6.67%3.33%1 Jul 2011
Liquid gas cylinders:
Flasks7 years28.57%14.29%1 Jul 2011
Other liquid gas cylinders15 years13.33%6.67%1 Jul 2011
Cylinder valves10 years20.00%10.00%1 Jul 2011
Cylinder handling assets:
Baskets, crates, and pallets12 years16.67%8.33%1 Jul 2011
Tippers and trolleys10 years20.00%10.00%1 Jul 2011
Cylinder preparation assets:
Boilers10 years20.00%10.00%1 Jul 2011
Cylinder brushing machines10 years20.00%10.00%1 Jul 2011
Cylinder drying cabinets (incorporating heaters and fans)15 years13.33%6.67%1 Jul 2011
Cylinder inspection lights10 years20.00%10.00%1 Jul 2011
Cylinder spray booths15 years13.33%6.67%1 Jul 2011
Cylinder stamping machines10 years20.00%10.00%1 Jul 2011
Cylinder testing machines10 years20.00%10.00%1 Jul 2011
Cylinder valving machines (incorporating safety enclosures)15 years13.33%6.67%1 Jul 2011
Iron smelting and steel manufacturing:
Basic oxygen steelmaking (BOS) and electric arc furnace (EAF) steel making assets:
Desulphurising lances (incorporating masts, winch control boxes, hydraulic cylinders carriage system, motors, gearboxes, brake lance carriages, lance guides, lances and switches)10 years20.00%10.00%1 Jul 2010
Plate mill assets:
Cold levellers (incorporating motor, gearbox spindles, hydraulic traverse cylinders, fill-in table rolls, motor, gearbox, rolls and catenaries)30 years6.67%3.33%1 Jul 2010
Motor vehicle manufacturing:
Motor car engine assembly and manufacturing assets:
Quality control assets generally (including cylinder head thickness testers, digital torque wrenches, gauges, inspection equipment generally, measuring equipment generally, microscopes, scales, scanners, testing equipment generally, thermometers, vibration meters etc)10 years20.00%10.00%1 Jul 2012
WHOLESALE TRADE:
Petroleum product wholesaling:
LPG depot and terminal assets:
In-situ permanently installed cylinders30 years6.67%3.33%1 Jul 2010
Leisure market cylinders (4.5 and 9 kgs capacity)15 years13.33%6.67%1 Jul 2010
TRANSPORT, POSTAL AND WAREHOUSING:
Scenic and sightseeing transport:
Hot air balloon ride operation assets:
Hot air balloon assets:
Fuel cylinders and tanks (incorporating shut off valves)20 years10.00%5.00%1 Jul 2013
ADMINISTRATIVE AND SUPPORT SERVICES:
Gardening services:
Arboriculture and gardening services:
Lawn mowers:
Cylinder7 years28.57%14.29%1 Jan 2004
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Fire control and alarm assets:
Detection and alarm systems:
Gas suppression cylinders25 years8.00%4.00%1 Jul 2004

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