ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Fruit and tree nut growing:
Horticultural plants:
Citrus:
Grapefruits30 years6.67%3.33%1 Jan 2001
Lemons20 years10.00%5.00%1 Jan 2001
Limes20 years10.00%5.00%1 Jan 2001
Mandarins25 years8.00%4.00%1 Jan 2001
Oranges30 years6.67%3.33%1 Jan 2001
Grape:
Grapevines, dried15 years13.33%6.67%1 Oct 2004
Grapevines, table15 years13.33%6.67%1 Oct 2004
Grapevines, wine20 years10.00%5.00%1 Oct 2004
Nuts:
Almonds25 years8.00%4.00%1 Jul 2001
Cashews25 years8.00%4.00%1 Jul 2001
Chestnuts25 years8.00%4.00%1 Jul 2001
Hazelnuts25 years8.00%4.00%1 Jul 2001
Jojoba30 years6.67%3.33%1 Jul 2001
Macadamia25 years8.00%4.00%1 Jul 2001
Pecans25 years8.00%4.00%1 Jul 2001
Pistachios25 years8.00%4.00%1 Jul 2001
Walnuts25 years8.00%4.00%1 Jul 2001
Pome:
Apples20 years10.00%5.00%1 Jan 2001
Pears25 years8.00%4.00%1 Jan 2001
Stone fruit:
Apricots10 years20.00%10.00%1 Jan 2001
Cherries18 years11.11%5.56%1 Jan 2001
Nectarines10 years20.00%10.00%1 Jan 2001
Olives30 years6.67%3.33%1 Jan 2001
Peaches10 years20.00%10.00%1 Jan 2001
Plums15 years13.33%6.67%1 Jan 2001
Prunes20 years10.00%5.00%1 Jan 2001
Tropical:
Avocados20 years10.00%5.00%1 Jan 2001
Mangoes30 years6.67%3.33%1 Jan 2001

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Source: TR 2022/1