ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Fruit and tree nut growing:
Fruit growing assets:
General assets:
Orchard ladders10 years20.00%10.00%1 Jul 2008
MINING:
Oil and gas extraction:
Gas production assets:
Central production facility assets:
Offshore platforms:
Topsides tertiary steelwork (including handrails, ladders and stairs)15 years13.33%6.67%1 Jul 2002
MANUFACTURING:
Dairy product manufacturing:
Ancillary and support assets:
Steelwork structures (including ladders, platforms and walkways)20 years10.00%5.00%1 Jul 2016
Iron smelting and steel manufacturing:
Pellet making assets:
Dewatering assets:
Vertical plate pressure filters (incorporating filters, plates, membranes, water sprays, ladders, bomb bay doors)20 years10.00%5.00%1 Jul 2010
Motor vehicle manufacturing:
Metal stamping and blanking assets:
Ancillary assets (including building and services assets):
Steelwork structures (including access and storage platforms, bollards, ladders etc)15 years13.33%6.67%1 Jul 2012
WHOLESALE TRADE:
Ladders4 years50.00%25.00%1 Jul 2019
RETAIL TRADE:
Supermarket and grocery stores:
Support and other assets:
Stock ladders12 years16.67%8.33%1 Jul 2020
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Ladders (including stepladders, work platforms extension ladders, trestles and planks):
Aluminium4 years50.00%25.00%1 Jul 2015
Fibreglass4 years50.00%25.00%1 Jul 2015
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Work platform ladders10 years20.00%10.00%1 Jul 2011

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