ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Meat processing:
Cold storage assets:
Dehumidifiers:
Desiccant10 years20.00%10.00%1 Jul 2013
Refrigerant15 years13.33%6.67%1 Jul 2013
Dairy product manufacturing:
Ancillary and support assets:
Dehumidifiers15 years13.33%6.67%1 Jul 2017
RETAIL TRADE:
Motor vehicle tyre or tube retailing:
Compressed air assets:
Air driers and dehumidifiers10 years20.00%10.00%1 Jul 2011
ADMINISTRATIVE AND SUPPORT SERVICES:
Building and other industrial cleaning services:
Drying and restoration assets (including air movers and dehumidifiers)5 years40.00%20.00%1 Jul 2010
HEALTH CARE AND SOCIAL ASSISTANCE:
Retirement village and accommodation for the aged operation:
Support assets:
Swimming pool assets:
Dehumidifiers15 years13.33%6.67%1 Jul 2019
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Compressed air assets:
Air driers and dehumidifiers10 years20.00%10.00%1 Jul 2011
Laundry and dry cleaning services:
Carpet, upholstery and rug cleaning services assets:
Drying and restoration assets (including air movers and dehumidifiers)5 years40.00%20.00%1 Jul 2010

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Source: TR 2022/1