ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Meat processing:
Water assets:
High stage pump sets7 years28.57%14.29%1 Jul 2013
Raw water in-feed pump sets10 years20.00%10.00%1 Jul 2013
Cured meat and smallgoods manufacturing:
Ancillary assets:
Die sets15 years13.33%6.67%1 Jul 2016
Motor vehicle manufacturing:
Metal stamping and blanking assets:
Maintenance workshop and tool room assets:
Fixtures (including rotary work fixtures and set up fixtures)10 years20.00%10.00%1 Jul 2012
Motor car engine assembly and manufacturing assets:
Toolroom assets:
Fixtures (including rotary work fixtures and set up fixtures)10 years20.00%10.00%1 Jul 2012
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Water supply:
Assets used by irrigation water providers:
Pump sets (incorporating switchboards, starters, motors and pumps)40 years5.00%2.50%1 Jan 2005
Assets used in water supply:
Pump sets (incorporating switch boards, starters, motors and pumps)25 years8.00%4.00%1 Jan 2005
Water treatment assets:
Bore water treatment assets:
Lime pump sets (incorporating switch boards, starters, motors and pumps)25 years8.00%4.00%1 Jan 2005
Sewerage and drainage services:
Pump sets (incorporating switch boards, starters, motors and pumps)25 years8.00%4.00%1 Jan 2005
WHOLESALE TRADE:
Petroleum product wholesaling:
LPG depot and terminal assets:
LPG fleet refuelling facility:
Pump sets10 years20.00%10.00%1 Jul 2010
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Audio visual entertainment assets (including those used in conference and function rooms (including amplifier, audio speaker, digital disc player, microphone, television sets, turntable, video projection equipment))5 years40.00%20.00%1 Jul 2005
Cafes, restaurants, takeaway food services, pubs, taverns, bars and clubs (hospitality):
Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players, microphones, television sets, turntables and video projection equipment)5 years40.00%20.00%1 Jul 2005
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Household assets:
Television sets8 years25.00%12.50%1 Jan 2006
Residential property operators:
Assets generally:
Air conditioning assets (excluding ducting, pipes and vents):
Condensing sets15 years13.33%6.67%1 Jul 2003
Fan coil units (connected to condensing set)15 years13.33%6.67%1 Jul 2003
Telecommunications assets:
Telephone hand sets6 years33.33%16.67%1 Jul 2019
Television sets8 years25.00%12.50%1 Jul 2019
HEALTH CARE AND SOCIAL ASSISTANCE:
Optometry and optical dispensing:
Optical assets:
Trial lens sets20 years10.00%5.00%1 Jan 2004
Retirement village and accommodation for the aged operation:
Common area assets:
Television sets5 years40.00%20.00%1 Jul 2019
Child care services:
Play area assets:
Playsets (including cubby houses, forts, slides, swing sets and trestle frames)8 years25.00%12.50%1 Jul 2020
Television sets8 years25.00%12.50%1 Jul 2020
ARTS AND RECREATION SERVICES:
Health and fitness centres and gymnasia operation:
Health and fitness centre operation assets:
Support assets:
Audio visual entertainment assets (including amplifiers, audio speakers, digital disc players and television sets)4 years50.00%25.00%1 Jul 2012
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Air-conditioning assets (excluding pipes, duct work and vents):
Condensing sets15 years13.33%6.67%1 Jul 2003
Fan coil units (connected to a condensing set)15 years13.33%6.67%1 Jul 2003
Television sets10 years20.00%10.00%1 Jul 2014

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Source: TR 2022/1