ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Agriculture:
Grain, cotton, peanut and rice assets:
Harvesting assets:
Combine harvesters12 years16.67%8.33%1 Jul 2007
Harvesters/sweepers6 ⅔ years30.00%15.00%1 Jan 2001
Hay and foraging assets:
Forage harvesters10 years20.00%10.00%1 Jul 2007
Nursery and floriculture production:
Turf growing assets:
Turf harvesters (including pedestrian and tractor mounted harvesters)10 years20.00%10.00%1 Jul 2006
Vegetable growing (outdoors) and sugar cane growing:
Harvesting assets:
Harvesters (including cane, carrot, onion, potato and tomato)10 years20.00%10.00%1 Jul 2007
Fruit and tree nut growing:
Coffee, olive and tree nut growing assets:
Harvesting assets:
Harvesters:
Coffee10 years20.00%10.00%1 Jul 2007
Harvesting pole rakes5 years40.00%20.00%1 Jul 2007
Olive10 years20.00%10.00%1 Jul 2007
Nuts:
Generally10 years20.00%10.00%1 Jul 2007
Macadamia mower mounted8 years25.00%12.50%1 Jul 2007
Pick ups (e.g. almonds)12 years16.67%8.33%1 Jul 2007
Sweepers12 years16.67%8.33%1 Jul 2007
Tree shakers10 years20.00%10.00%1 Jul 2007
Reservoir carts (almonds)15 years13.33%6.67%1 Jul 2007
Trailers15 years13.33%6.67%1 Jul 2007
Fruit growing assets:
Harvesting assets:
Grape harvesters10 years20.00%10.00%1 Jul 2008
Forestry and logging:
Logging plant:
Harvesters and feller bunchers (includes heads)7 years28.57%14.29%1 Jan 2001
MINING:
Other non-metallic mineral mining and quarrying n.e.c.:
Salt harvesting assets:
Harvesters7 years28.57%14.29%1 Jul 2021
MANUFACTURING:
Poultry processing:
Evisceration equipment:
Croppers, feet removers, giblet processors, head removers, heart lung harvesters, heart lung separators, openers, vent cutters etc)11 years18.18%9.09%1 Jul 2017
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific research services:
Scientific, medical and pharmaceutical research assets:
Cell harvesters10 years20.00%10.00%1 Jul 2014

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Source: TR 2022/1