ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Meat processing:
Boning room assets:
Pneumatic knives (including meat trimmers/round knives and de-fatting knives)2 years100.00%50.00%1 Jul 2013
Slaughter floor assets:
Pneumatic knives:
De-hiding knives2 years100.00%50.00%1 Jul 2013
Meat trimmers/round knives and de-fatting knives2 years100.00%50.00%1 Jul 2013
Fruit and vegetable processing:
Fruit juice and fruit juice drink manufacturing assets:
Filling and sealing assets:
Container dryers (incorporating air knives and blowers)10 years20.00%10.00%1 Jul 2010
Soft drink, cordial and syrup manufacturing:
Packaging assets:
Filling and sealing assets:
Container dryers (incorporating air knives and blowers)10 years20.00%10.00%1 Jul 2009
Plaster product manufacturing:
Plasterboard and cornice manufacturing assets:
Plasterboard/cornice plant assets:
Knives (used for plasterboard or cornice)25 years8.00%4.00%1 Jul 2011
HEALTH CARE AND SOCIAL ASSISTANCE:
General practice medical services:
Surgical instruments (including forceps, needle holders, scissors, skin graft knives)8 years25.00%12.50%1 Jul 2020

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Source: TR 2022/1