ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Fruit and vegetable processing:
Fruit juice and fruit juice drink manufacturing assets:
Filling and sealing assets:
Bottle inverters20 years10.00%5.00%1 Jul 2010
Human pharmaceutical and medicinal product manufacturing:
Packaging assets:
Bottle and vial inverters and blowers10 years20.00%10.00%1 Jan 2004
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity generation:
Power generators:
Solar:
Photovoltaic electricity generating system assets (incorporating photovoltaic panels, mounting frames and inverters)20 years10.00%5.00%1 Jul 2011
TRANSPORT, POSTAL AND WAREHOUSING:
Tramway and light rail passenger transport services:
Infrastructure assets:
Electrification assets:
Overhead distribution lines (incorporating conductors, cross arms, feeders, insulators, inverters, fittings and poles)30 years6.67%3.33%1 Jul 2010
Water transport and support services:
Support assets (acquired separately from the vessel):
Power supply assets:
Inverters6 years33.33%16.67%1 Jul 2009
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Solar power generating system (incorporating batteries, inverters, solar panels, regulators)20 years10.00%5.00%1 Jul 2004

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Source: TR 2022/1