ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Grading and packing line assets used on farm:
Tree nut assets:
Drying silos20 years10.00%5.00%1 Jul 2008
Agriculture:
Silos:
Ancillary equipment20 years10.00%5.00%1 Jan 2001
Grain (metal)30 years6.67%3.33%1 Jul 2001
Beef cattle feedlots:
Feed milling and handling assets:
Grain processing assets:
Tempering silos:
Galvanised steel12 years16.67%8.33%1 Jan 2007
Glass fused to steel50 years4.00%2.00%1 Jan 2007
Stainless steel15 years13.33%6.67%1 Jan 2007
Silos and bins used for storing dry grain:
Concrete50 years4.00%2.00%1 Jan 2007
Steel20 years10.00%5.00%1 Jan 2007
Dairy cattle farming:
Feed milling and handling assets:
Silos (steel)20 years10.00%5.00%1 Jul 2007
Poultry farming for breeding, eggs and meat:
Silos for feed:
Metal20 years10.00%5.00%1 Jan 2007
Ancillary equipment:
Augers10 years20.00%10.00%1 Jan 2007
Conveyors and elevators15 years13.33%6.67%1 Jan 2007
Pig farming:
Silos:
Grain storage20 years10.00%5.00%1 Jul 2008
Readyfeed10 years20.00%10.00%1 Jul 2008
Other agriculture and fishing support services:
Pulse and seed processing assets:
Product and raw material handling and receiving assets:
Silos - conditioning20 years10.00%5.00%1 Jul 2017
MINING:
Materials handling assets:
Bins, chutes, hoppers, bunkers and silos30 years6.67%3.33%1 Jul 2003
Coal mining:
Materials handling assets:
Bins, chutes, hoppers, silos and storage bunkers30 years6.67%3.33%1 Jul 2003
Other mining support services:
Gas and oil mining support services (excluding offshore services):
Cementing assets:
Cement silos:
Fixed steel30 years6.67%3.33%1 Jul 2018
Mobile10 years20.00%10.00%1 Jul 2018
MANUFACTURING:
Dairy product manufacturing:
Ancillary and support assets:
Silos20 years10.00%5.00%1 Jul 2016
Oil and fat manufacturing:
Receiving and storage assets:
Silos:
Conditioning/sealed20 years10.00%5.00%1 Jul 2017
Meal20 years10.00%5.00%1 Jul 2012
Seed30 years6.67%3.33%1 Jul 2012
Grain mill product manufacturing:
Flour milling assets:
Product and raw material handling and receiving assets:
Silos:
Concrete50 years4.00%2.00%1 Jan 2004
Conditioning/sealed20 years10.00%5.00%1 Jul 2017
Flexible10 years20.00%10.00%1 Jul 2017
Galvanised30 years6.67%3.33%1 Jan 2004
Steel40 years5.00%2.50%1 Jan 2004
Malt manufacturing assets:
Barley and malt handling assets:
Silos:
Galvanised construction30 years6.67%3.33%1 Jul 2008
Steel construction40 years5.00%2.50%1 Jul 2008
Cereal and pasta product manufacturing:
Product and raw material receiving and handling assets:
Silos:
Steel30 years6.67%3.33%1 Jul 2008
Used for flour (semolina)25 years8.00%4.00%1 Jul 2008
Bakery product manufacturing:
Baking assets used by large-scale manufacturers of biscuits, bread, cakes, pastries and pies:
Storage, feeding and ingredient handling assets:
Flour silos25 years8.00%4.00%1 Jan 2002
Bakery product manufacturing (non-factory based):
Sugar milling assets:
Sugar drying and storage assets:
Sugar storage bins and silos30 years6.67%3.33%1 Jul 2011
Sugar refining assets:
Sugar receival, drying, screening, and storage assets:
Bins, hoppers and silos30 years6.67%3.33%1 Jul 2011
Prepared animal and bird feed manufacturing:
Pet food manufacturing assets:
Dry process assets:
Dehumidifying systems (including silo munters)10 years20.00%10.00%1 Jul 2013
Raw material receiving, storage and handling assets:
Silos20 years10.00%5.00%1 Jul 2013
Prepared animal and bird feed manufacturing assets generally:
Liquid feed assets:
Silos (including polyvinylchloride (PVC) and steel construction)15 years13.33%6.67%1 Jul 2012
Raw material receiving, storage and handling assets:
Silos30 years6.67%3.33%1 Jul 2012
Support assets:
Grain vacuum and silo sampling probes5 years40.00%20.00%1 Jul 2012
Other food product manufacturing n.e.c.:
Coffee processing assets:
Silos25 years8.00%4.00%1 Jul 2012
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):
Ingredient receiving and handling assets:
Silos (flour)25 years8.00%4.00%1 Jul 2012
Peanut processing assets:
Silos (metal)30 years6.67%3.33%1 Jul 2009
Beer manufacturing (except non-alcoholic beer):
Malt handling and cleaning assets:
Silos:
Galvanised construction30 years6.67%3.33%1 Jul 2008
Steel construction40 years5.00%2.50%1 Jul 2008
Log sawmilling and timber dressing:
Saw milling equipment:
Green mill plant:
Heating plant (includes storage bins/silos)15 years13.33%6.67%1 Jan 2001
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Feedstock handling and storage assets:
Grain assets:
Silo aerators15 years13.33%6.67%1 Jul 2012
Silos30 years6.67%3.33%1 Jul 2012
Basic inorganic chemical manufacturing:
Ammonium nitrate manufacturing assets:
Ammonium nitrate prill manufacturing assets:
Distribution, handling and storage assets:
Load out bins/silos25 years8.00%4.00%1 Jul 2013
Polymer film and sheet packaging material manufacturing:
Support assets:
Silos25 years8.00%4.00%1 Jul 2014
Rigid and semi-rigid polymer product manufacturing:
Silos:
Bag silos for expanded polystyrene beads10 years20.00%10.00%1 Jul 2016
Generally - see Table B Silos
Glass and glass product manufacturing:
Container glass and flat (float) glass manufacturing assets:
Batch house assets:
Silos40 years5.00%2.50%1 Jul 2008
Cement manufacturing:
Storage, handling and packing assets:
Silos:
Concrete, generally50 years4.00%2.00%1 Jan 2004
Concrete (used for gypsum or wetslag, or at port facilities)40 years5.00%2.50%1 Jan 2004
Steel, generally30 years6.67%3.33%1 Jan 2004
Steel (used for gypsum or wet slag, or at port facilities)20 years10.00%5.00%1 Jan 2004
Plaster product manufacturing:
Plasterboard and cornice manufacturing assets:
General:
Silos (steel)20 years10.00%5.00%1 Jul 2011
Ready-mixed concrete manufacturing:
Silos30 years6.67%3.33%1 Jul 2014
Concrete product manufacturing:
Silos30 years6.67%3.33%1 Jul 2012
Iron smelting and steel manufacturing:
Basic oxygen steelmaking (BOS) and electric arc furnace (EAF) steel making assets:
Materials handling assets:
Hoppers, weigh hoppers, chutes, silos20 years10.00%5.00%1 Jul 2010
Aluminium smelting:
Materials handling assets:
Generally (including conveyors, silos and stockpile reclaiming assets)30 years6.67%3.33%1 Jan 2003
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity generation:
Ash and dust handling and disposal:
On-site storage silos, concrete or steel30 years6.67%3.33%1 Jan 2002
Fuel supply and handling:
Solid fuels:
Day bunkers and silos, concrete or steel (incorporating top side conveyor system)30 years6.67%3.33%1 Jan 2002
On-site storage silos, concrete or steel30 years6.67%3.33%1 Jan 2002
Water supply:
Assets used in water supply:
Water treatment assets:
Bore water treatment assets:
Lime silos50 years4.00%2.00%1 Jan 2005
ADMINISTRATIVE AND SUPPORT SERVICES:
Packaging services:
Fruit and vegetables pack houses assets used off farm:
Tree nuts assets:
Drying silos15 years13.33%6.67%1 Jul 2008
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Silos:
Bulk handling:
Ancillary mechanical assets (including augers, bucket elevators, conveyors etc)15 years13.33%6.67%1 Jul 2014
Concrete construction50 years4.00%2.00%1 Jan 2004
Galvanised construction30 years6.67%3.33%1 Jan 2004
Steel construction40 years5.00%2.50%1 Jan 2004

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Source: TR 2022/1