ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Cereal and pasta product manufacturing:
Cereal food manufacturing assets:
Cold formed and nut based cereal bar manufacturing assets:
Syrup cookers and kettles (including fire cookers)15 years13.33%6.67%1 Jul 2008
Pasta manufacturing assets:
Fill preparation assets:
Cookers/kettles15 years13.33%6.67%1 Jul 2008
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):
Frozen pre-prepared meal manufacturing assets (including cookers and kettles, depositors, fillers, meat injectors and tenderisers, mixers, multihead weighers, ovens, particle and sauce applicators and rice/pasta cookers)15 years13.33%6.67%1 Jul 2012
Beer manufacturing (except non-alcoholic beer):
Brewing assets:
Wort kettles25 years8.00%4.00%1 Jul 2008
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Guestroom assets:
Kitchen assets:
Cooking utensils (including electric jugs, kettles, pans, pots and toasters, but excluding portable cook tops and ovens)2 years100.00%50.00%1 Jul 2005
HEALTH CARE AND SOCIAL ASSISTANCE:
Retirement village and accommodation for the aged operation:
Support assets:
Kitchen assets:
Food preparation assets - large commercial type (including cooktops, fryers, multi-function centres, self-cooking centres, single tray meal service, soup kettles, stoves)10 years20.00%10.00%1 Jul 2019
Child care services:
Support assets:
Kitchen assets:
Food cooking assets (including combination ovens, cooktops, fryers, soup kettles and stoves)10 years20.00%10.00%1 Jul 2020
ARTS AND RECREATION SERVICES:
Health and fitness centres and gymnasia operation:
Health and fitness centre operation assets:
Free weight training assets:
Barbells, dumbbells, kettle bells, weight plates and storage racks6 years33.33%16.67%1 Jul 2012

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

Source: TR 2022/1