ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Poultry processing:
Further processing assets:
Ovens and cookers (including gyro, spiral, steam, thermal fluid fryers, vertical airflow etc)15 years13.33%6.67%1 Jul 2017
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):
Frozen appetiser and finger food manufacturing assets:
Fryers12 years16.67%8.33%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:
Fryers12 years16.67%8.33%1 Jul 2012
Peanut processing assets:
Fryers10 years20.00%10.00%1 Jul 2009
RETAIL TRADE:
Supermarket and grocery stores:
Deli Assets:
Deep fryers10 years20.00%10.00%1 Jul 2020
ACCOMMODATION AND FOOD SERVICES:
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Food preparation and service assets:
Cooking appliances, large commercial type (including cook tops, deep fryers, grills, kebab machines, ovens and salamanders)10 years20.00%10.00%1 Jul 2005
HEALTH CARE AND SOCIAL ASSISTANCE:
Retirement village and accommodation for the aged operation:
Support assets:
Kitchen assets:
Food preparation assets - large commercial type (including cooktops, fryers, multi-function centres, self-cooking centres, single tray meal service, soup kettles, stoves)10 years20.00%10.00%1 Jul 2019
Child care services:
Support assets:
Kitchen assets:
Food cooking assets (including combination ovens, cooktops, fryers, soup kettles and stoves)10 years20.00%10.00%1 Jul 2020

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