ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Vegetable growing (outdoors) and sugar cane growing:
General assets:
Mulch layers12 years16.67%8.33%1 Jul 2007
Mulch lifters12 years16.67%8.33%1 Jul 2007
Fruit and tree nut growing:
Fruit growing assets:
General assets:
Mulch layers12 years16.67%8.33%1 Jul 2008
Mulch lifters12 years16.67%8.33%1 Jul 2008

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Source: TR 2022/1