ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Nursery and floriculture production:
General assets:
Refrigeration assets:
Insulation panels used in cool rooms40 years5.00%2.50%1 Jul 2006
Mushroom growing:
Tunnels/rooms (incorporating doors, floors, drains, frames, insulation, lighting, roofs and walls):
Growing15 years13.33%6.67%1 Jul 2008
Peak heat and spawn running10 years20.00%10.00%1 Jul 2008
Poultry farming for breeding, eggs and meat:
Animal housing structures (incorporating frames, walls, rooves, insulation, doors, floors and lighting)20 years10.00%5.00%1 Jan 2007
Poultry hatcheries:
Hatchery buildings (incorporating frames, walls, rooves, insulation, doors, floors and lighting)40 years5.00%2.50%1 Jan 2007
Pig farming:
Animal housing assets:
Animal housing structures (incorporating frames, covers, walls, roof, insulation, shutters and doors)20 years10.00%5.00%1 Jul 2008
Aquaculture:
Refrigeration assets:
Insulation panels in cool or freezer rooms used in salt water environment20 years10.00%5.00%1 Jul 2007
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):
Ancillary and support assets:
Refrigeration and freezing assets:
Insulation panels used in cold stores, cool rooms, freezer rooms etc - see Table B Refrigeration assets
Wine and other alcoholic beverage manufacturing:
Tanks (including insulation, agitators, pump over systems and monitoring instrumentation):
Pressure tanks (for sparkling wine)20 years10.00%5.00%1 Jul 2008
Waste water storage/treatment tanks15 years13.33%6.67%1 Jul 2008
Water storage tanks30 years6.67%3.33%1 Jul 2008
Wine fermenters:
Open30 years6.67%3.33%1 Jul 2008
Rotary30 years6.67%3.33%1 Jul 2008
Static30 years6.67%3.33%1 Jul 2008
Sweeping arm30 years6.67%3.33%1 Jul 2008
Wine storage tanks30 years6.67%3.33%1 Jul 2008
RETAIL TRADE:
Refrigeration assets:
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014
Supermarket and grocery stores:
Refrigeration and freezing assets:
Insulation panels used in cool or freezer rooms30 years6.67%3.33%1 Jul 2020
ACCOMMODATION AND FOOD SERVICES:
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Refrigeration assets:
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Refrigeration assets:
Insulation panels used in cool or freezer rooms40 years5.00%2.50%1 Jul 2014

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Source: TR 2022/1