ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Poultry farming for breeding, eggs and meat:
Egg grading and packing assets:
Egg grader and packing systems (including box erectors, box sealers, candling machines, conveyors, crack, dirt, leak and blood detectors, denesters (egg inners and trays), egg loaders, egg oilers, egg tray stackers, egg washers, egg weigher and transfer systems, imprinters (egg and box), packers (inners, trays and boxes) and wrappers)10 years20.00%10.00%1 Jan 2007
MANUFACTURING:
Fruit and vegetable processing:
Jam, pickles and sauces manufacturing assets:
Filling and sealing assets:
Denesters10 years20.00%10.00%1 Jul 2018
Bakery product manufacturing:
Baking assets used by large-scale manufacturers of biscuits, bread, cakes, pastries and pies:
Ancillary assets (including basket/crate washers, basket stack movers, crate/pan stackers and unstackers, depanners/detinners, foil handling denesters, oil spray units, pan cleaners, and topping applicators)15 years13.33%6.67%1 Jan 2002
Other food product manufacturing n.e.c.:
Frozen pre-prepared food manufacturing assets (including frozen appetisers and finger foods such as dim sims and spring rolls, frozen french fries/potato chips, frozen pizzas and frozen pre-prepared meals):
Packaging and quality control assets:
Tray denesters15 years13.33%6.67%1 Jul 2012
Paint and coatings manufacturing:
Paint and coatings manufacturing assets:
Filling and packing assets:
Denesters10 years20.00%10.00%1 Jul 2013

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