ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Fences (excluding stockyard, pen and portable fences): Being fencing constructed at a time for a particular function (e.g. a line of fencing forming a side of a boundary or paddock) not being in the nature of a repair:
General (incorporating anchor assemblies, intermediate posts, rails, wires, wire mesh and droppers)30 years6.67%3.33%1 Jul 2008
Other agriculture and fishing support services:
Pulse and seed processing assets:
Product and raw material handling and receiving assets:
Crates:
Wooden (mesh reinforced)20 years10.00%5.00%1 Jul 2017
MANUFACTURING:
Meat processing:
Livestock handling assets:
Sheep lairages (incorporating galvanised web mesh base and galvanised steel posts and rails)10 years20.00%10.00%1 Jul 2013
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific testing and analysis services:
Coal laboratory assets:
Sample preparation assets:
Sieves (including various meshes and sizes)7 years28.57%14.29%1 Jul 2018
Mineral processing and metallurgical laboratory assets:
Sample preparation assets:
Sieves (including various meshes and sizes)3 years66.67%33.33%1 Jul 2019
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Fences:
Wire mesh (demountable used for partitioning purposes, including portable electric fences)20 years10.00%5.00%1 Jul 2014

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Source: TR 2022/1