ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Water assets:
Dams (including earth or rock fill and turkey nests)40 years5.00%2.50%1 Jul 2008
Dam liners and covers20 years10.00%5.00%1 Jul 2008
MINING:
Tailings dams20 years10.00%5.00%1 Jan 2001
Coal mining:
Infrastructure support assets:
Water storage dams (including fire services dams and water storage dams generally)30 years6.67%3.33%1 Jul 2003
MANUFACTURING:
Bakery product manufacturing (non-factory based):
Sugar milling assets:
Molasses storage assets:
Dams (earthworks only)40 years5.00%2.50%1 Jul 2011
Dam bladders and covers12 years16.67%8.33%1 Jul 2011
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Feedstock handling and storage assets:
Molasses assets:
Dam covers12 years16.67%8.33%1 Jul 2012
Dam liners20 years10.00%5.00%1 Jul 2012
Dams40 years5.00%2.50%1 Jul 2012
Stillage assets:
Dunder and stillage assets (molasses feedstock):
Dam covers12 years16.67%8.33%1 Jul 2012
Dams40 years5.00%2.50%1 Jul 2012
Basic inorganic chemical manufacturing:
Ammonia manufacturing assets:
Support assets:
Water storage and treatment assets:
Dam and pond liners20 years10.00%5.00%1 Jul 2013
Dams and effluent ponds40 years5.00%2.50%1 Jul 2013
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity generation:
Ash and dust handling and disposal:
Ash dams20 years10.00%5.00%1 Jan 2002
Water supply:
Assets used by irrigation water providers:
Dams and weirs ((incorporating gates and actuators) consisting of a barrier to obstruct the flow of water constructed from any or all of the following: concrete, earth and rockfill)100 years2.00%1.00%1 Jan 2005
Assets used in water supply:
Raw water storage and supply assets:
Dam or weir intake structures100 years2.00%1.00%1 Jan 2005
Dams and weirs100 years2.00%1.00%1 Jan 2005
Sewerage and drainage services:
Dams:
Lined earth dams100 years2.00%1.00%1 Jan 2005
Dam covers20 years10.00%5.00%1 Jan 2005

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Source: TR 2022/1