ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Sheds on land that is used for agricultural or pastoral operations (including machinery sheds, workshop sheds and farm production sheds)40 years5.00%2.50%1 Jan 2007
Mushroom growing:
Compost phase 1 assets:
Machinery (including forklifts, front end loaders, bunker fillers and pre-wet turners)4 years50.00%25.00%1 Jul 2008
Coal mining:
Materials handling assets:
Stockpile stackers, reclaimers and stacker reclaimers:
Generally (including all machinery)25 years8.00%4.00%1 Jul 2003
Construction material mining:
Mobile (track or wheel mounted machinery including screening and conveying components)15 years13.33%6.67%1 Jul 2003
Wool scouring:
Wool dumping machinery13 ⅓ years15.00%7.50%1 Jan 2001
Natural textile manufacturing:
Cotton manufacturers' machinery:
Conveyors10 years20.00%10.00%1 Jan 2001
Engines, gas20 years10.00%5.00%1 Jan 2001
Gas producer plant13 ⅓ years15.00%7.50%1 Jan 2001
Gins10 years20.00%10.00%1 Jan 2001
Weaving machinery (silk and cotton)13 ⅓ years15.00%7.50%1 Jan 2001
Knitted product manufacturing:
Woollen manufacturers' machinery16 ⅔ years12.00%6.00%1 Jan 2001
Footwear manufacturing:
Boot and shoe-making machinery:
Machinery and general plant13 ⅓ years15.00%7.50%1 Jan 2001
Moulds for plastic heels3 years66.67%33.33%1 Jan 2001
Vulcanising moulds5 years40.00%20.00%1 Jan 2001
Other wood product manufacturing:
Moulding machinery (wood)13 ⅓ years15.00%7.50%1 Jan 2001
Motor vehicle manufacturing:
Motor vehicle manufacturing plant (not listed elsewhere):
Basic machinery10 years20.00%10.00%1 Jan 2001
Electricity supply:
Electricity generation:
Workshop machinery and tools20 years10.00%5.00%1 Jan 2002
Water transport and support services:
Salvage machinery:
Boilers, vertical40 years5.00%2.50%1 Jan 2001
Engine hoisting40 years5.00%2.50%1 Jan 2001
Centrifugal, direct acting, and connections40 years5.00%2.50%1 Jan 2001
Duplex boiler feed40 years5.00%2.50%1 Jan 2001
Residential property operators:
Assets generally:
Escalators (machinery and moving parts)20 years10.00%5.00%1 Jan 2003
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Field service assets:
Assets used in field service that are not listed under this sub-heading - use any relevant determination listed under Workshop assets below
Air compressors8 years25.00%12.50%1 Jul 2015
Cranes10 years20.00%10.00%1 Jul 2015
Cutting machines8 years25.00%12.50%1 Jul 2015
Diagnostic assets5 years40.00%20.00%1 Jul 2015
Lathes5 years40.00%20.00%1 Jul 2015
Line boring machines10 years20.00%10.00%1 Jul 2015
Milling machines8 years25.00%12.50%1 Jul 2015
Turning machines8 years25.00%12.50%1 Jul 2015
Generally (including comb trailers and tilt trailers) - see Table B Motor vehicles and trailers
Service trailers (incorporating built-in hoses, built-in pumps, built-in tanks etc)10 years20.00%10.00%1 Jul 2015
Workshop assets:
Air conditioning service assets (including refrigerant management/charging stations, refrigerant recovery machines, refrigerant recovery and recycling machines and vacuum pumps)5 years40.00%20.00%1 Jul 2015
Air compression assets (including air dryers, air receivers, compressors and packaged air compression systems)10 years20.00%10.00%1 Jul 2015
Battery chargers5 years40.00%20.00%1 Jul 2015
Battery load testers5 years40.00%20.00%1 Jul 2015
Bending machines:
Folders15 years13.33%6.67%1 Jul 2015
Pipe and tube benders10 years20.00%10.00%1 Jul 2015
Press brakes20 years10.00%5.00%1 Jul 2015
Brake shoe riveting machines5 years40.00%20.00%1 Jul 2015
Brake testers (including in-ground and mobile roller brake testers)10 years20.00%10.00%1 Jul 2015
Boring machines (including floor borers, jib borers, horizontal and vertical boring machines)15 years13.33%6.67%1 Jul 2015
Diagnostic, measuring and testing assets:
Generally (including co-ordinate measuring machines, dynamometers, electrical testers, flow meters, hardness testers, hydraulic testers and multimeters)10 years20.00%10.00%1 Jul 2015
Laptop diagnostic systems:
Laptops - see Table B Computers, Laptops
Machine interface units3 years66.67%33.33%1 Jul 2015
Tyre pressure gauges5 years40.00%20.00%1 Jul 2015
Vehicle specific diagnostic assets5 years40.00%20.00%1 Jul 2015
Drilling machines (including drill presses, magnetic drills, pedestal drills and radial arm drills)10 years20.00%10.00%1 Jul 2015
Flange facers5 years40.00%20.00%1 Jul 2015
Forklift attachments10 years20.00%10.00%1 Jul 2015
Forklifts11 years18.18%9.09%1 Jul 2015
Grinding machines (including gear grinding machines)10 years20.00%10.00%1 Jul 2015
Guillotine shears15 years13.33%6.67%1 Jul 2015
Heat treatment assets (including furnaces and quenches)15 years13.33%6.67%1 Jul 2015
Hydraulic hose crimpers10 years20.00%10.00%1 Jul 2015
CNC lathes10 years20.00%10.00%1 Jul 2015
Manual lathes20 years10.00%5.00%1 Jul 2015
Lifting assets:
Jib cranes (including column/wall mounted, floor mounted/freestanding and portable jib cranes)15 years13.33%6.67%1 Jul 2015
Overhead cranes25 years8.00%4.00%1 Jul 2015
Pick & carry cranes/yard cranes10 years20.00%10.00%1 Jul 2015
Portable cranes generally (including engine cranes, engine hoists, floor cranes, mobile gantries, shop cranes etc)15 years13.33%6.67%1 Jul 2015
Hoists10 years20.00%10.00%1 Jul 2015
Jacks (including air hydraulic jacks, hydro pneumatic jacks, floor jacks, transmission jacks, trolley jacks and truck jacks)5 years40.00%20.00%1 Jul 2015
Scissor lifts15 years13.33%6.67%1 Jul 2015
Vehicle lifters (including mobile column lifts and post hoists)20 years10.00%5.00%1 Jul 2015
Machining centres10 years20.00%10.00%1 Jul 2015
Milling machines (including bed mills and universal mills)10 years20.00%10.00%1 Jul 2015
Oil recovery, service and treatment assets:
Collection vessels/tanks20 years10.00%5.00%1 Jul 2015
Dangerous goods containers15 years13.33%6.67%1 Jul 2015
Pumps5 years40.00%20.00%1 Jul 2015
Painting assets:
Buffing machines3 years66.67%33.33%1 Jul 2015
Paint agitators3 years66.67%33.33%1 Jul 2015
Space heaters10 years20.00%10.00%1 Jul 2015
Spray booths15 years13.33%6.67%1 Jul 2015
Spray gun washing machines5 years40.00%20.00%1 Jul 2015
Parts washing machines7 years28.57%14.29%1 Jul 2015
Pipe cutting machines10 years20.00%10.00%1 Jul 2015
Plasma cutters10 years20.00%10.00%1 Jul 2015
Hydraulic presses10 years20.00%10.00%1 Jul 2015
Punch and shear machines15 years13.33%6.67%1 Jul 2015
Saws (including band saws and cold cut saws)10 years20.00%10.00%1 Jul 2015
Stands (including axle stands, engine stands and transmission stands)10 years20.00%10.00%1 Jul 2015
Storage assets (including racking, shelving, safety cabinets and storage cabinets)10 years20.00%10.00%1 Jul 2015
Surface preparation assets:
Abrasive blasting assets:
Abrasive blasting machines (incorporating blasting pots, hoses, nozzles, valves etc)10 years20.00%10.00%1 Jul 2015
Abrasive recovery/recycling machines and associated equipment (including storage hoppers)12 years16.67%8.33%1 Jul 2015
Blast booths/chambers12 years16.67%8.33%1 Jul 2015
Dust collection and ventilation systems12 years16.67%8.33%1 Jul 2015
Pressure cleaners/washers4 years50.00%25.00%1 Jul 2015
Toolboxes and toolbox roller cabinets7 years28.57%14.29%1 Jul 2015
Moulds7 years28.57%14.29%1 Jul 2015
Press brake dies10 years20.00%10.00%1 Jul 2015
Tooling for lathes, machining centres, milling machines and other machine tools7 years28.57%14.29%1 Jul 2015
Vehicle specific specialised tooling5 years40.00%20.00%1 Jul 2015
Workholding devices (including jigs and fixtures)7 years28.57%14.29%1 Jul 2015
Hand tools (manually operated)10 years20.00%10.00%1 Jul 2015
Hand held power tools (air, battery and electric)3 years66.67%33.33%1 Jul 2015
Power packs5 years40.00%20.00%1 Jul 2015
Torque/tension wrenches5 years40.00%20.00%1 Jul 2015
Torque wrench pumps (pneumatic and electric driven)5 years40.00%20.00%1 Jul 2015
Trolleys (including powered and electrodrive trolleys)10 years20.00%10.00%1 Jul 2015
Turning machines10 years20.00%10.00%1 Jul 2015
Waste water recovery and treatment assets:
Grease traps10 years20.00%10.00%1 Jul 2015
Pumps5 years40.00%20.00%1 Jul 2015
Tanks and separators15 years13.33%6.67%1 Jul 2015
Waterjet cutting machines10 years20.00%10.00%1 Jul 2015
Weight scales (corner weight)10 years20.00%10.00%1 Jul 2015
Welding assets:
Welders (including ARC, MIG, TIG, multi process and oxy-acetylene welders/cutters)10 years20.00%10.00%1 Jul 2015
Weld tables and positioners (including rotary tables)10 years20.00%10.00%1 Jul 2015
Welding helmets incorporating respirators3 years66.67%33.33%1 Jul 2015
Wire feeders5 years40.00%20.00%1 Jul 2015
Wheel service assets:
Bead breaker kits5 years40.00%20.00%1 Jul 2015
Tyre changers5 years40.00%20.00%1 Jul 2015
Wheel aligners7 years28.57%14.29%1 Jul 2015
Wheel balancers5 years40.00%20.00%1 Jul 2015
Wheel handlers and lifters5 years40.00%20.00%1 Jul 2015
Wheel play detectors10 years20.00%10.00%1 Jul 2015
Work benches and tables15 years13.33%6.67%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Escalators (machinery and their moving parts)20 years10.00%5.00%1 Jan 2003
Foundations for plant and machinery (integral to the operation of such plant and machinery, but not incorporated into the plant and machinery itself)40 years5.00%2.50%1 Jul 2014

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