ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Infrastructure support assets:
Electrical infrastructure assets (including power reticulation, substations, switchgear and transformers)25 years8.00%4.00%1 Jul 2003
Coal mining:
Infrastructure support assets:
Electrical infrastructure assets (including reticulation assets, substations, switch gear and transformers)25 years8.00%4.00%1 Jul 2003
MANUFACTURING:
Other food product manufacturing n.e.c.:
Frozen pre-prepared food manufacturing assets (including frozen appetisers and finger foods such as dim sims and spring rolls, frozen french fries/potato chips, frozen pizzas and frozen pre-prepared meals):
Ancillary and support assets:
Piping and reticulation lines (excluding fire water pipes)25 years8.00%4.00%1 Jul 2012
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Water supply:
Assets used in water supply:
Water mains: being lengths of trunk, distribution and reticulation mains within a section, measured from valve to valve that are of the same age and same material (not being in the nature of a repair)80 years2.50%1.25%1 Jan 2005
Sewerage and drainage services:
Sewer mains: Being lengths of collection sewers measured from manhole to manhole (including branch, main, pressure, reticulation, sub-main and trunk sewers) (not being in the nature of a repair)80 years2.50%1.25%1 Jan 2005
RETAIL TRADE:
Motor vehicle tyre or tube retailing:
Compressed air assets:
Reticulation lines:
Aluminium15 years13.33%6.67%1 Jul 2011
Copper20 years10.00%5.00%1 Jul 2011
Polyethylene (PE)15 years13.33%6.67%1 Jul 2011
Steel10 years20.00%10.00%1 Jul 2011
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Compressed air assets:
Reticulation lines:
Aluminium15 years13.33%6.67%1 Jul 2011
Copper20 years10.00%5.00%1 Jul 2011
Polyethylene (PE)15 years13.33%6.67%1 Jul 2011
Steel10 years20.00%10.00%1 Jul 2011

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Source: TR 2022/1