ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Aquaculture:
Refrigeration assets:
Insulation panels in cool or freezer rooms used in salt water environment20 years10.00%5.00%1 Jul 2007
MANUFACTURING:
Meat processing:
Cold storage assets:
Blast freezer tunnels20 years10.00%5.00%1 Jul 2013
Blast freezers20 years10.00%5.00%1 Jul 2013
Freezers20 years10.00%5.00%1 Jul 2013
Plate freezers20 years10.00%5.00%1 Jul 2013
Poultry processing:
Chilling assets:
Freezers (including blast tunnels, in-line air chillers, and spiral freezers)15 years13.33%6.67%1 Jul 2017
Cured meat and smallgoods manufacturing:
Ancillary assets:
Freezers (including blast freezers, crust freezers etc)15 years13.33%6.67%1 Jul 2016
Dairy product manufacturing:
Assets for ice cream manufacturing:
Freezing assets:
Blast freezers and freezer tunnels/hardening tunnels (excluding cabinet style self-contained blast freezers)15 years13.33%6.67%1 Jul 2018
Cabinet style self-contained blast freezers10 years20.00%10.00%1 Jul 2018
Ice cream churners/freezers15 years13.33%6.67%1 Jul 2018
Bakery product manufacturing:
Baking assets used by large-scale manufacturers of biscuits, bread, cakes, pastries and pies:
Cooling and refrigeration assets:
Freezers (including blast freezer, plate freezer)15 years13.33%6.67%1 Jan 2002
Spiral coolers, spiral freezers10 years20.00%10.00%1 Jan 2002
Prepared animal and bird feed manufacturing:
Pet food manufacturing assets:
Wet process assets:
Freezers15 years13.33%6.67%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:
Refrigeration and freezing assets:
Freezers:
Generally (including blast freezers and plate freezers)15 years13.33%6.67%1 Jul 2012
Spiral freezers10 years20.00%10.00%1 Jul 2012
Insulation panels used in cold stores, cool rooms, freezer rooms etc - see Table B Refrigeration assets
Industrial gas manufacturing:
Support and other assets:
Customer installations assets:
Freezers (including batch freezers, freeze tunnels, and tumble freezers)15 years13.33%6.67%1 Jul 2011
RETAIL TRADE:
Refrigeration assets:
Generally (including blast chillers, condensers, evaporators, refrigeration cabinets, standalone freezers and standalone refrigerators)10 years20.00%10.00%1 Jul 2014
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014
Fuel retailing:
Convenience store assets:
Refrigerated cabinets and freezers10 years20.00%10.00%1 Jul 2010
Supermarket and grocery stores:
Refrigeration and freezing assets:
Freezers and refrigerators generally (including refrigeration cabinets and cases, standalone chillers, standalone freezers and standalone refrigerators)10 years20.00%10.00%1 Jul 2020
Insulation panels used in cool or freezer rooms30 years6.67%3.33%1 Jul 2020
ACCOMMODATION AND FOOD SERVICES:
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Refrigeration assets:
Generally (including blast chillers, condensers, evaporators, refrigeration cabinets, standalone freezers and standalone refrigerators)10 years20.00%10.00%1 Jul 2014
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Household assets:
Freezers6 years33.33%16.67%1 Jan 2006
Residential property operators:
Kitchen assets:
Freezers12 years16.67%8.33%1 Jul 2004
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific research services:
Scientific, medical and pharmaceutical research assets:
Freezers10 years20.00%10.00%1 Jul 2014
Scientific testing and analysis services:
Coal laboratory assets:
Sample preparation assets:
Sample storage assets:
Portable refrigerators/freezers10 years20.00%10.00%1 Jul 2018
Mineral processing and metallurgical laboratory assets:
Sample preparation assets:
Sample storage assets:
Portable refrigerators/freezers8 years25.00%12.50%1 Jul 2019
HEALTH CARE AND SOCIAL ASSISTANCE:
Child care services:
Support assets:
Kitchen assets:
Refrigerators/freezers10 years20.00%10.00%1 Jul 2020
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Refrigeration assets:
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014

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Source: TR 2022/1