ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Mineral dressing assets:
Classification, gravity separation and dewatering assets:
Centrifuges15 years13.33%6.67%1 Jul 2003
Cyclones:
Dense medium and heavy medium8 years25.00%12.50%1 Jul 2003
Generally (including classifying, desliming, and hydrocyclones)15 years13.33%6.67%1 Jul 2003
Generally18 years11.11%5.56%1 Jul 2003
Hydraulic classifiers and teetered bed separators20 years10.00%5.00%1 Jul 2003
Jigs25 years8.00%4.00%1 Jul 2003
Pneumatic tables and air separators25 years8.00%4.00%1 Jul 2003
Settling cones25 years8.00%4.00%1 Jul 2003
Shaking tables25 years8.00%4.00%1 Jul 2003
Sluices and cone concentrators25 years8.00%4.00%1 Jul 2003
Spirals12 years16.67%8.33%1 Jul 2003
Mineral sand mining:
Filtration/dewatering assets (including candle filter presses, dewatering towers, horizontal belt filters and hydrocyclones)15 years13.33%6.67%1 Jan 2003
Other mining support services:
Mineral mining support services:
Dewatering pumps12 years16.67%8.33%1 Jul 2017
MANUFACTURING:
Meat processing:
Waste water assets:
Solids dewatering presses10 years20.00%10.00%1 Jul 2013
Prepared animal and bird feed manufacturing:
Pet food manufacturing assets:
Wet process assets:
Dewatering assets10 years20.00%10.00%1 Jul 2013
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):
Ancillary and support assets:
Waste water treatment assets:
Sludge dewatering assets (including filters, separators etc)15 years13.33%6.67%1 Jul 2012
Frozen potato product manufacturing assets (including french fries/potato chips, potato flake, potato shred and shred product manufacturing assets):
Processing assets generally:
Dryers:
Generally (including dewatering dryers)15 years13.33%6.67%1 Jul 2012
Iron smelting and steel manufacturing:
Pellet making assets:
Dewatering assets:
Launders20 years10.00%5.00%1 Jul 2010
Pressure filter pumps5 years40.00%20.00%1 Jul 2010
Process water tanks20 years10.00%5.00%1 Jul 2010
Return water pipes20 years10.00%5.00%1 Jul 2010
Slurry feed pipes10 years20.00%10.00%1 Jul 2010
Slurry pumps10 years20.00%10.00%1 Jul 2010
Slurry tanks (incorporating agitators)15 years13.33%6.67%1 Jul 2010
Sumps20 years10.00%5.00%1 Jul 2010
Thickeners (incorporating tanks, rakes and access platforms)20 years10.00%5.00%1 Jul 2010
Vertical plate pressure filters (incorporating filters, plates, membranes, water sprays, ladders, bomb bay doors)20 years10.00%5.00%1 Jul 2010
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Sewerage and drainage services:
Sewage treatment assets:
Sludge processing assets:
Sludge dewatering assets:
Belt presses15 years13.33%6.67%1 Jan 2005
Centrifuges20 years10.00%5.00%1 Jan 2005
Screw conveyors25 years8.00%4.00%1 Jan 2005
Screw presses20 years10.00%5.00%1 Jan 2005
Sludge driers20 years10.00%5.00%1 Jan 2005

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Source: TR 2022/1