ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Iron smelting and steel manufacturing:
Coke making assets:
Coke ovens gas by-products assets:
Acid compound assets:
Acid compound structures, pumps, overflow and storage tanks15 years13.33%6.67%1 Jul 2009
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Sewerage and drainage services:
Sewage pump station assets:
Overflow screens25 years8.00%4.00%1 Jan 2005

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Source: TR 2022/1