ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Iron smelting and steel manufacturing:
Coke making assets:
Coke ovens batteries assets:
Hot cars (incorporating locomotive, wagon, tray and bogies)15 years13.33%6.67%1 Jul 2009
Railway rolling stock manufacturing and repair services:
Handling assets:
Lifting assets generally (including hydraulic double lift jacks, locomotive jacks and stands)20 years10.00%5.00%1 Jul 2014
Support assets:
Rail vehicle moving and placing assets (including crabs, shunting locomotives and trackmobiles)10 years20.00%10.00%1 Jul 2014
Weighing assets for carriages and locomotives20 years10.00%5.00%1 Jul 2014
Testing assets:
Test sheds for testing locomotives and other rolling stock30 years6.67%3.33%1 Jul 2014
TRANSPORT, POSTAL AND WAREHOUSING:
Rail freight and passenger transport services:
Railway rolling stock:
Locomotives:
Generally (including diesel-electric and electric)25 years8.00%4.00%1 Jan 2002
Heavy haul (bulk minerals/coal)20 years10.00%5.00%1 Jan 2002
Underground (diesel-battery)15 years13.33%6.67%1 Jan 2002
Passenger:
Locomotive hauled carriages (including baggage vans, diners, mail vans, sit-up cars, and sleepers)30 years6.67%3.33%1 Jan 2002

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