ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Mushroom growing:
Air handling systems (incorporating cooling coils, filter blowers, mixing boxes, environment sensors and air ducting)10 years20.00%10.00%1 Jul 2008
MANUFACTURING:
Bakery product manufacturing (non-factory based):
Sugar milling assets:
Support assets:
Dust collectors (including ducting, but excluding bagacillo collection systems)20 years10.00%5.00%1 Jul 2011
Sugar refining assets:
Support assets:
Dust collectors (including ducting)20 years10.00%5.00%1 Jul 2011
Prepared animal and bird feed manufacturing:
Pet food manufacturing assets:
Support assets:
Dust management assets (including bag and dust filters, dust collectors, dust extraction hood and ducting and exhaust fans and socks)15 years13.33%6.67%1 Jul 2013
Emissions and odour control systems (incorporating exhaust fans, ducting and biofilters)15 years13.33%6.67%1 Jul 2013
Prepared animal and bird feed manufacturing assets generally:
Support assets:
Dust management assets (including bag and dust filters, dust collectors, dust extraction hood and ducting and exhaust fans and socks)15 years13.33%6.67%1 Jul 2012
Emissions and odour control systems (incorporating exhaust fans, ducting and biofilters)15 years13.33%6.67%1 Jul 2012
Printing:
Support assets:
Dust/waste extraction systems:
Ducting15 years13.33%6.67%1 Jan 2007
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Stillage assets:
Distillers grain assets:
Cooling assets for dried distillers grain (including blowers and fans, chillers, ducting and other cooling assets)20 years10.00%5.00%1 Jul 2012
Basic inorganic chemical manufacturing:
Ammonium nitrate manufacturing assets:
Ammonium nitrate prill manufacturing assets:
Coating, cooling, drying and screening assets:
Chilling systems (incorporating chillers, ducting and piping)20 years10.00%5.00%1 Jul 2013
Scrubber systems (incorporating ducting, fans, scrubbers and tanks)20 years10.00%5.00%1 Jul 2013
Glass and glass product manufacturing:
Container glass and flat (float) glass manufacturing assets:
Ancillary assets:
Ducting, pipes and piping40 years5.00%2.50%1 Jul 2008
Iron smelting and steel manufacturing:
Steel strip metallic coating assets:
Horizontal air coolers (incorporating ducting fans and nozzles)15 years13.33%6.67%1 Jul 2010
Vertical air coolers (incorporating ducting, fans and motors)15 years13.33%6.67%1 Jul 2010
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Ancillary and support assets:
Dust and fume extraction assets:
Fixed extraction systems (incorporating ducting, extraction arms etc)15 years13.33%6.67%1 Jul 2011
Motor car engine assembly and manufacturing assets:
Ancillary and support assets:
Dust and fume extraction assets (including ducting, extraction fans, hoppers etc)15 years13.33%6.67%1 Jul 2012
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Air conditioning assets (excluding ducting, pipes and vents):
Air handling units20 years10.00%5.00%1 Jul 2003
Chillers:
Absorption25 years8.00%4.00%1 Jul 2003
Centrifugal20 years10.00%5.00%1 Jul 2003
Volumetrics (including reciprocating, rotary, screw, scroll):
Air-cooled15 years13.33%6.67%1 Jul 2003
Water-cooled20 years10.00%5.00%1 Jul 2003
Condensing sets15 years13.33%6.67%1 Jul 2003
Cooling towers15 years13.33%6.67%1 Jul 2003
Damper motors (including variable air volume box controller)10 years20.00%10.00%1 Jul 2003
Fan coil units (connected to condensing set)15 years13.33%6.67%1 Jul 2003
Mini split systems up to 20KW (including ceiling, floor and high wall split system)10 years20.00%10.00%1 Jul 2003
Packaged air conditioning units15 years13.33%6.67%1 Jul 2003
Pumps20 years10.00%5.00%1 Jul 2003
Room units10 years20.00%10.00%1 Jul 2003
Evaporative coolers:
Fixed (excluding ducting and vents)15 years13.33%6.67%1 Jul 2019
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific testing and analysis services:
Coal laboratory assets:
Sample preparation assets:
Float-sink testing units (incorporating ventilation ducting, fans, density separation apparatus etc, but excluding float-sink buckets)15 years13.33%6.67%1 Jul 2018
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Ventilation fans (excluding ducting, piping and vents)20 years10.00%5.00%1 Jan 2005

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Source: TR 2022/1