ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Log sawmilling and timber dressing:
Saw milling equipment:
Green mill plant:
Edger line plant (includes board edger and resaw)10 years20.00%10.00%1 Jan 2001
Glass and glass product manufacturing:
Glass product manufacturing assets:
Automotive glass product manufacturing assets:
CNC controlled edgers and grinders15 years13.33%6.67%1 Jul 2009
Edgers:
Arrissing machines8 years25.00%12.50%1 Jul 2009
Horizontal double edgers10 years20.00%10.00%1 Jul 2009
Straight line edgers and bevellers7 years28.57%14.29%1 Jul 2009
Iron smelting and steel manufacturing:
Hot strip mill assets:
Reversing roughing mill assets:
Vertical edgers (incorporating drive motors, gearboxes and edger adjustments)20 years10.00%5.00%1 Jul 2010
Plate mill assets:
Edgers (incorporating motors, hydraulic controls, mechanical controls, anvil (carryover table), hand rails and walkways)20 years10.00%5.00%1 Jul 2010
Photographic, optical and ophthalmic equipment manufacturing:
Optical lens grinding and contact lens manufacturing:
Lens edgers7 years28.57%14.29%1 Jul 2004
ADMINISTRATIVE AND SUPPORT SERVICES:
Gardening services:
Arboriculture and gardening services:
Lawn edgers (excluding brushcutters)4 years50.00%25.00%1 Jan 2004

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Source: TR 2022/1