ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Sheep farming:
Instruments for measuring backfat or eye muscle or detecting pregnancy, ultrasound type (incorporating probe and monitor)5 years40.00%20.00%1 Jan 2007
Instruments for measuring wool fibre fineness, laser type10 years20.00%10.00%1 Jan 2007
Pig farming:
Instruments for measuring backfat or detecting pregnancy, ultrasound types (incorporating probes and monitors)5 years40.00%20.00%1 Jul 2008
MINING:
Other mining support services:
Gas and oil mining support services (excluding offshore services):
Drilling assets:
Bottom hole assemblies (including logging while drilling tools, measuring while drilling tools, motors and stabilisers)5 years40.00%20.00%1 Jul 2018
MANUFACTURING:
Oil and fat manufacturing:
Edible oil or fat, blended, modified, refined or solvent extracted manufacturing assets (including canola, safflower, soybean):
Measuring and monitoring assets:
Belt weighers15 years13.33%6.67%1 Jul 2012
Flow meters10 years20.00%10.00%1 Jul 2012
Laboratory assets:
Colorimeters10 years20.00%10.00%1 Jul 2012
Furnace ovens15 years13.33%6.67%1 Jul 2012
Gas chromatograph analysers10 years20.00%10.00%1 Jul 2012
Moisture and protein analysers, electronic (including near infrared analysers)10 years20.00%10.00%1 Jul 2012
Spectrophotometers15 years13.33%6.67%1 Jul 2012
Vacuum separators10 years20.00%10.00%1 Jul 2012
Seed samplers, hydraulic driven10 years20.00%10.00%1 Jul 2012
Reconstituted wood product manufacturing:
Quality measuring assets (including blow detectors, thickness detectors and weighing bridges)15 years13.33%6.67%1 Jan 2005
Iron smelting and steel manufacturing:
Plate mill assets:
Slab sizing systems (incorporating side guard measuring devices and stands, slab sizing unit supports, cameras and light banks)5 years40.00%20.00%1 Jul 2010
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil roll forming assets:
Support assets:
Measuring assets (including micrometers, protractors, tapes, and vernier callipers)7 years28.57%14.29%1 Jul 2012
Motor vehicle manufacturing:
Metal stamping and blanking assets:
Inspection and measuring assets (including accelerometers, accuracy measurement tools, desktop friction and wear testers, dualscopes and measuring and evaluation machines generally)10 years20.00%10.00%1 Jul 2012
Maintenance workshop and tool room assets:
Measuring assets (including height gauges, micrometers, surface measuring machines and vernier calipers)10 years20.00%10.00%1 Jul 2012
Motor car engine assembly and manufacturing assets:
Quality control assets generally (including cylinder head thickness testers, digital torque wrenches, gauges, inspection equipment generally, measuring equipment generally, microscopes, scales, scanners, testing equipment generally, thermometers, vibration meters etc)10 years20.00%10.00%1 Jul 2012
Railway rolling stock manufacturing and repair services:
Support assets:
Computer measuring and monitoring assets (including load and pressure indicators)7 years28.57%14.29%1 Jul 2014
Aircraft manufacturing and repair services:
Measuring tools, manually operated (including vernier calipers, micrometers, depth gauges, tyre pressure gauges)5 years40.00%20.00%1 Jul 2020
TRANSPORT, POSTAL AND WAREHOUSING:
Airport operations and other air transport support services:
Airport assets:
Navigation aids:
Distance measuring assets15 years13.33%6.67%1 Jan 2003
Other transport support services n.e.c.:
Electronic toll collection assets:
Digital measuring instruments (including vehicle classifiers (laser or infrared) and electronic toll collection readers (radio frequency))4 years50.00%25.00%1 Jul 2005
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Measuring assets:
Micrometers10 years20.00%10.00%1 Jul 2011
Tension wrenches5 years40.00%20.00%1 Jul 2011
Tyre pressure gauges5 years40.00%20.00%1 Jul 2011
Automotive body, paint and interior repair n.e.c.:
Smash repair assets:
Frame straightening assets:
Chassis measuring assets:
Computerised10 years20.00%10.00%1 Jul 2009
Manual10 years20.00%10.00%1 Jul 2009
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
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
Photographic film processing:
Framing assets:
Automatic measuring stops10 years20.00%10.00%1 Jul 2017

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