ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Beef cattle feedlots:
Feed milling and handling assets:
Receival pits and hoppers25 years8.00%4.00%1 Jan 2007
Dairy cattle farming:
Feed milling and handling assets:
Silage pits40 years5.00%2.50%1 Jul 2007
MANUFACTURING:
Oil and fat manufacturing:
Receiving and storage assets:
Underground seed storage assets (including concrete dump pits)40 years5.00%2.50%1 Jul 2012
Prepared animal and bird feed manufacturing:
Prepared animal and bird feed manufacturing assets generally:
Raw material receiving, storage and handling assets:
Receival pits30 years6.67%3.33%1 Jul 2012
Wine and other alcoholic beverage manufacturing:
Grape handling assets:
Grape waste pits (concrete)20 years10.00%5.00%1 Jul 2008
Petroleum refining:
Oil refinery assets:
Assets used in sulphur recovery:
Sulphur pits10 years20.00%10.00%1 Jul 2002
Rigid and semi-rigid polymer product manufacturing:
Pits15 years13.33%6.67%1 Jul 2016
Plaster product manufacturing:
Plasterboard and cornice manufacturing assets:
General:
Fans/blowers (excluding blowers used with hot pits)20 years10.00%5.00%1 Jul 2011
Plaster milling assets:
Hot pits:
Blowers12 years16.67%8.33%1 Jul 2011
Vessels20 years10.00%5.00%1 Jul 2011
Iron smelting and steel manufacturing:
Coke making assets:
Coke ovens batteries assets:
Quenchers (incorporating stack structures, water tanks, pipes, pumps, sprays, pneumatic systems and water pump pits)15 years13.33%6.67%1 Jul 2009
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Waste treatment and disposal services:
Transfer stations and landfill operation assets:
Push pits15 years13.33%6.67%1 Jul 2015
TRANSPORT, POSTAL AND WAREHOUSING:
Water transport and support services:
Port assets:
Intermodal facilities:
Truck and rail receival dump pit50 years4.00%2.00%1 Jul 2002
ARTS AND RECREATION SERVICES:
Sports and physical recreation venues, grounds and facilities operations n.e.c.:
Bowling centres (plant and equipment):
Bowling alleys (timber - including ball return tracks, gutters, pit signals and terminals)13 ⅓ years15.00%7.50%1 Jan 2001

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Source: TR 2022/1