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:
General assets:
Slashers7 years28.57%14.29%1 Jan 2007
Vegetable growing (outdoors) and sugar cane growing:
General assets:
Slashers8 years25.00%12.50%1 Jul 2007
Fruit and tree nut growing:
Coffee, olive and tree nut growing assets:
Cleaning and mulching assets:
Slashers10 years20.00%10.00%1 Jul 2007
Fruit growing assets:
Cleaning and mulching assets:
Slashers8 years25.00%12.50%1 Jul 2008
ADMINISTRATIVE AND SUPPORT SERVICES:
Gardening services:
Arboriculture and gardening services:
Tractor attachments:
Slashers4 years50.00%25.00%1 Jan 2004

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Source: TR 2022/1