ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Other food product manufacturing n.e.c.:
Coffee processing assets:
Packaging assets:
Form fill and seal packaging machines (including flat bottom, flat top and bottom, pillow shape, stand up and vacuum brick pack packaging machines)12 years16.67%8.33%1 Jul 2012
Tea processing assets:
Packaging assets:
Packaging machines:
Generally (including flat bottom, flat top and bottom, pillow shape and stand up packaging machines)15 years13.33%6.67%1 Jul 2012
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Guestroom assets:
Bedding (including mattress protectors, pillows and sheets)2 years100.00%50.00%1 Jul 2005

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Source: TR 2022/1