ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Meat processing:
Cold storage assets:
Storage racking and stillages10 years20.00%10.00%1 Jul 2013
Cured meat and smallgoods manufacturing:
Ancillary assets:
Racking and shelving10 years20.00%10.00%1 Jul 2016
Dairy product manufacturing:
Ancillary and support assets:
Racking15 years13.33%6.67%1 Jul 2016
Prepared animal and bird feed manufacturing:
Pet food manufacturing assets:
Support assets:
Racking20 years10.00%5.00%1 Jul 2013
Prepared animal and bird feed manufacturing assets generally:
Support assets:
Racking20 years10.00%5.00%1 Jul 2012
Polymer film and sheet packaging material manufacturing:
Racking machines25 years8.00%4.00%1 Jul 2014
Rigid and semi-rigid polymer product manufacturing:
Racking20 years10.00%5.00%1 Jul 2016
Paint and coatings manufacturing:
Paint and coatings manufacturing assets:
Racking:
External15 years13.33%6.67%1 Jul 2013
Internal20 years10.00%5.00%1 Jul 2013
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil roll forming assets:
Support assets:
Racking20 years10.00%5.00%1 Jul 2012
Boiler, tank and other heavy gauge metal container manufacturing:
Sheet metal tanks manufacturing assets:
Racking20 years10.00%5.00%1 Jul 2012
Railway rolling stock manufacturing and repair services:
Support assets:
Racking and storage assets20 years10.00%5.00%1 Jul 2014
RETAIL TRADE:
Fuel retailing:
Convenience store assets:
Display shelving and racking10 years20.00%10.00%1 Jul 2010
Supermarket and grocery stores:
Support and other assets:
Racking20 years10.00%5.00%1 Jul 2020
TRANSPORT, POSTAL AND WAREHOUSING:
Other warehousing and storage services:
Warehouse and distribution centre equipment and machines:
Battery assets for warehouse vehicles (including pallet trucks and forklifts):
Handling assets:
Racking roller beds15 years13.33%6.67%1 Jul 2011
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Storage assets (including racking, shelving, safety cabinets and storage cabinets)10 years20.00%10.00%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Warehouse and distribution centre equipment and machines:
Battery assets for warehouse vehicles (including pallet trucks and forklifts):
Handling assets:
Racking roller beds15 years13.33%6.67%1 Jul 2011

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Source: TR 2022/1