ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Grading and packing line assets used on farm:
Labelling assets:
Labelling guns3 years66.67%33.33%1 Jul 2008
Water assets:
Irrigation assets:
Irrigators (including centre pivot, lateral and travelling guns):
Fresh water20 years10.00%5.00%1 Jul 2008
Effluent10 years20.00%10.00%1 Jul 2008
MANUFACTURING:
Meat processing:
Waste water assets:
Effluent irrigators (including centre pivot, lateral and travelling gun)10 years20.00%10.00%1 Jul 2013
Poultry processing:
Deboning area assets:
Saws and pneumatic guns5 years40.00%20.00%1 Jul 2017
Cured meat and smallgoods manufacturing:
Ancillary assets:
Barcode readers, RF guns, scanner guns etc5 years40.00%20.00%1 Jul 2016
Cement manufacturing:
Preheat and clinker production assets:
Kiln guns5 years40.00%20.00%1 Jul 2011
Iron smelting and steel manufacturing:
Blast furnace assets:
Cast house assets:
Mud guns15 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):
Assembly and body shop assets:
Power tool and rivet gun power packs and rigs15 years13.33%6.67%1 Jul 2011
Power tools:
Others (including angle grinders, fastening tools, hand operated saws, rivet guns etc) - see Table B Power tools, hand tools
Metal stamping and blanking assets:
Maintenance workshop and tool room assets:
Hand tools (including portable power tools, sealer guns and spray guns)3 years66.67%33.33%1 Jul 2012
Wooden furniture and upholstered seat manufacturing:
Spray booth assets:
Spray guns3 years66.67%33.33%1 Jul 2022
CONSTRUCTION:
Power tools:
Nail guns - air3 years66.67%33.33%1 Jul 2008
WHOLESALE TRADE:
Petroleum product wholesaling:
Bulk fuel regional depot assets (excluding LPG assets):
Rigid fuel tank truck assets:
Pumping systems:
Guns and nozzles3 years66.67%33.33%1 Jul 2010
LPG depot and terminal assets:
LPG fleet refuelling facility:
Guns and nozzles3 years66.67%33.33%1 Jul 2010
LPG tank truck assets:
Pumping systems:
Guns and nozzles3 years66.67%33.33%1 Jul 2010
RETAIL TRADE:
Motor vehicle tyre or tube retailing:
Air tools (including ratchet guns)2 years100.00%50.00%1 Jul 2011
Supermarket and grocery stores:
Support and other assets:
Labelling guns5 years40.00%20.00%1 Jul 2020
TRANSPORT, POSTAL AND WAREHOUSING:
Other transport n.e.c.:
Monocable circulating fixed grip and detachable ropeway assets operated in snowfield areas (including double, triple and quad chair lifts, T-bar, poma and surface lifts):
Snowmaking assets including:
Air water guns and fan guns10 years20.00%10.00%1 Jul 2009
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Power tools:
Nail guns - air3 years66.67%33.33%1 Jul 2005
ADMINISTRATIVE AND SUPPORT SERVICES:
Packaging services:
Fruit and vegetables pack houses assets used off farm:
Labelling assets:
Labelling guns3 years66.67%33.33%1 Jul 2008
HEALTH CARE AND SOCIAL ASSISTANCE:
General practice medical services:
Cryosurgical assets:
Cryosurgical flasks and guns5 years40.00%20.00%1 Jul 2020
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Air tools (including ratchet guns)2 years100.00%50.00%1 Jul 2011
Oil and grease delivery systems:
Guns and pumps3 years66.67%33.33%1 Jul 2011
Automotive body, paint and interior repair n.e.c.:
Smash repair assets:
Painting assets:
Spray guns3 years66.67%33.33%1 Jul 2009
Spray gun washing machines5 years40.00%20.00%1 Jul 2009
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Painting assets:
Spray gun washing machines5 years40.00%20.00%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Power tools:
Nail guns - air3 years66.67%33.33%1 Jul 2008

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Source: TR 2022/1