ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Boiler, tank and other heavy gauge metal container manufacturing:
Sheet metal tanks manufacturing assets:
Coil holders10 years20.00%10.00%1 Jul 2012
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Gas supply:
Gas distribution:
Low pressure (LP) gas storage holders40 years5.00%2.50%1 Jul 2002
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Guestroom assets:
Bathroom assets:
Accessories, freestanding (including sanitary assets, shower caddies, soap holders and toilet brushes)1 years200.00%100.00%1 Jul 2005
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Bathroom assets:
Accessories, freestanding (including shower caddies, soap holders, toilet brushes)3 years66.67%33.33%1 Jul 2019
HEALTH CARE AND SOCIAL ASSISTANCE:
General practice medical services:
Surgical instruments (including forceps, needle holders, scissors, skin graft knives)8 years25.00%12.50%1 Jul 2020

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Source: TR 2022/1