ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Agriculture:
Hay and foraging assets:
Hay rakes (including finger wheel, rotary and parallel)10 years20.00%10.00%1 Jan 2007
Vegetable growing (outdoors) and sugar cane growing:
General assets:
Rakes (e.g. cane trash rakes)10 years20.00%10.00%1 Jul 2007
Fruit and tree nut growing:
Coffee, olive and tree nut growing assets:
Harvesting assets:
Harvesters:
Harvesting pole rakes5 years40.00%20.00%1 Jul 2007
MANUFACTURING:
Soft drink, cordial and syrup manufacturing:
Ice manufacturing assets (excluding dry ice manufacturing assets):
Support assets:
Ice rake assemblies8 years25.00%12.50%1 Jul 2016
Ice storage bins, feed bins and rake bins20 years10.00%5.00%1 Jul 2016
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Feedstock handling and storage assets:
Grain assets:
Conveyors (including belt, drag and screw conveyors, bucket and rake elevators and chutes)15 years13.33%6.67%1 Jul 2012
Iron smelting and steel manufacturing:
Basic oxygen steelmaking (BOS) and electric arc furnace (EAF) steel making assets:
Slag rakes10 years20.00%10.00%1 Jul 2010
Water treatment assets:
Thickeners and clarifiers (incorporating tanks, rakes and access platforms)30 years6.67%3.33%1 Jul 2010
Blast furnace assets:
Water treatment assets:
Thickeners and clarifiers (incorporating tanks, rakes and access platforms)30 years6.67%3.33%1 Jul 2010
Pellet making assets:
Dewatering assets:
Thickeners (incorporating tanks, rakes and access platforms)20 years10.00%5.00%1 Jul 2010
Primary metal product casting assets:
Water treatment assets:
Thickeners and clarifiers (incorporating tanks, rakes and access platforms)30 years6.67%3.33%1 Jul 2010
Sinter making assets:
Water treatment assets:
Thickeners and clarifiers (incorporating tanks, rakes and access platforms)30 years6.67%3.33%1 Jul 2009
ADMINISTRATIVE AND SUPPORT SERVICES:
Gardening services:
Arboriculture and gardening services:
Hand tools (including pruner, rake, hedge shears, loppers and tree saws)3 years66.67%33.33%1 Jan 2004
ARTS AND RECREATION SERVICES:
Horse training (racing):
Arena and track maintenance assets:
Arena rakes4 years50.00%25.00%1 Jul 2021

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

Source: TR 2022/1