ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Water supply:
Assets used by irrigation water providers:
Metered outlets:
Electronic40 years5.00%2.50%1 Jan 2005
Mechanical50 years4.00%2.00%1 Jan 2005
Piped40 years5.00%2.50%1 Jan 2005

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Source: TR 2022/1