ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Other food product manufacturing n.e.c.:
Frozen pre-prepared food manufacturing assets (including frozen appetisers and finger foods such as dim sims and spring rolls, frozen french fries/potato chips, frozen pizzas and frozen pre-prepared meals):
Ingredient receiving and handling assets:
Potato storage assets:
Air handling system assets used in potato storage structures:
Humidification assets (humidifiers etc)10 years20.00%10.00%1 Jul 2012
INFORMATION MEDIA AND TELECOMMUNICATIONS:
Electronic information storage services:
Data centre cooling assets:
Humidifier assets:
Others (including ultrasonic humidifiers)10 years20.00%10.00%1 Jul 2017
Steam humidifiers (including steam generators)5 years40.00%20.00%1 Jul 2017
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Air-conditioning assets (excluding pipes, duct work and vents):
Humidifiers (steam generator)10 years20.00%10.00%1 Jul 2003

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Source: TR 2022/1