ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Agriculture:
Grain, cotton, peanut and rice assets:
Seeding and fertilizing assets:
Planters (including bar, box, combined seeders, precision planters and row crop planters)15 years13.33%6.67%1 Jan 2007
Nursery and floriculture production:
Planting assets:
Dibblers and seeders15 years13.33%6.67%1 Jul 2006
Turf growing assets:
Turf seeders15 years13.33%6.67%1 Jul 2006
Vegetable growing (outdoors) and sugar cane growing:
Planting assets:
Precision seeders10 years20.00%10.00%1 Jul 2007

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