ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Sheep farming:
Sheep handling assets (including autodrafter, conveyor, cradle, crate, crutching trailer, elevator, ewe lifter, handler, hydraulic lift, rollover unit, shearing table, weigh crate, winch used to lift sheep)15 years13.33%6.67%1 Jan 2007
Woolshed assets:
Shearing machines30 years6.67%3.33%1 Jan 2007
Shearing or crutching handpieces10 years20.00%10.00%1 Jan 2007
Woolsheds and shearing sheds50 years4.00%2.00%1 Jan 2007
MANUFACTURING:
Glass and glass product manufacturing:
Container glass and flat (float) glass manufacturing assets:
Forming machines (incorporating shearing and distribution systems)12 years16.67%8.33%1 Jul 2008

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