ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Cured meat and smallgoods manufacturing:
Support assets generally (including boilers, control systems, cranes (gantry and overhead), fire control and alarm assets, laboratory assets, loading bay assets (dock levellers, pallet jacks and pallet trucks, scissor lifts), refrigeration assets etc) - see Table B
Rigid and semi-rigid polymer product manufacturing:
Overhead gantry cranes - see Table B Cranes (gantry and overhead)
Paint and coatings manufacturing:
Paint and coatings manufacturing assets:
Gantry cranes25 years8.00%4.00%1 Jul 2013
Glass and glass product manufacturing:
Glass product manufacturing assets:
Glass handling and storage assets:
Cranes (gantry and overhead)25 years8.00%4.00%1 Jul 2014
Concrete product manufacturing:
Prefabricated concrete product manufacturing assets:
Gantry cranes25 years8.00%4.00%1 Jul 2013
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Handling assets:
Cranes (including gantry cranes, overhead cranes and turnover cranes)25 years8.00%4.00%1 Jul 2011
Motor car engine assembly and manufacturing assets:
Ancillary and support assets:
Robots generally (including assembly robots, gantry robots and pick and place robots etc)10 years20.00%10.00%1 Jul 2012
Handling assets:
Cranes and hoists (including bridge cranes, gantry cranes, overhead cranes and turnover cranes)20 years10.00%5.00%1 Jul 2012
Railway rolling stock manufacturing and repair services:
Assembly assets:
Milling machines (including gantry)20 years10.00%5.00%1 Jul 2014
Handling assets:
Cranes (including overhead gantry cranes)25 years8.00%4.00%1 Jul 2014
Aircraft manufacturing and repair services:
Cranes (gantry and overhead)25 years8.00%4.00%1 Jul 2020
OTHER SERVICES:
Automotive body, paint and interior repair n.e.c.:
Car wash and detailing assets:
Automatic car wash assets (including rollover and tunnel washes):
Friction washer system assets (including gantry, rails and arches and driers)10 years20.00%10.00%1 Jul 2009
Touch free pressure washer system assets (including gantry, rails and arches and driers)10 years20.00%10.00%1 Jul 2009
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Cranes (gantry and overhead)25 years8.00%4.00%1 Jul 2014

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Source: TR 2022/1