ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Beef cattle feedlots:
Feed milling and handling assets:
Grain processing assets:
Tempering silos:
Stainless steel15 years13.33%6.67%1 Jan 2007
MINING:
Oil and gas extraction:
Gas production assets:
Central production facility assets:
Flare system assets:
Stainless steel piping30 years6.67%3.33%1 Jul 2002
Major stainless steel (or lined) vessels30 years6.67%3.33%1 Jul 2002
MANUFACTURING:
Cured meat and smallgoods manufacturing:
Ancillary assets:
Bins:
Stainless steel15 years13.33%6.67%1 Jul 2016
Cages, stillages and trolleys (stainless steel)15 years13.33%6.67%1 Jul 2016
Piping, pipelines and pipework (stainless steel)20 years10.00%5.00%1 Jul 2016
Dairy product manufacturing:
Ancillary and support assets:
Bins generally:
Stainless steel15 years13.33%6.67%1 Jul 2017
Assets for cheese manufacturing:
Moulds:
Stainless steel15 years13.33%6.67%1 Jul 2017
Oil and fat manufacturing:
Edible oil or fat, blended, modified, refined or solvent extracted manufacturing assets (including canola, safflower, soybean):
Support assets:
Tanks and vessels:
Other:
Stainless steel30 years6.67%3.33%1 Jul 2012
Grain mill product manufacturing:
Malt manufacturing assets:
Germination assets:
Vessels:
Stainless steel25 years8.00%4.00%1 Jul 2008
Kiln assets:
Kilns:
Stainless steel25 years8.00%4.00%1 Jul 2008
Steeping assets:
Steeping vessels:
Stainless steel25 years8.00%4.00%1 Jul 2008
Cereal and pasta product manufacturing:
Product and raw material receiving and handling assets:
Bins and hoppers (including tote bins, intermediate bulk containers, scaling bins etc):
Mild and stainless steel15 years13.33%6.67%1 Jul 2008
Bakery product manufacturing (non-factory based):
Sugar milling assets:
Evaporation and crystallisation assets:
Vapour condensers:
Stainless steel30 years6.67%3.33%1 Jul 2011
Support assets:
Piping and valves:
Piping:
Stainless steel25 years8.00%4.00%1 Jul 2011
Tanks (excluding molasses storage tanks):
Other tanks:
Stainless steel30 years6.67%3.33%1 Jul 2011
Sugar refining assets:
Evaporation and crystallisation assets:
Vapour condensers:
Stainless steel30 years6.67%3.33%1 Jul 2011
Support assets:
Pipes and valves:
Pipes:
Stainless steel25 years8.00%4.00%1 Jul 2011
Tanks:
Other tanks:
Stainless steel30 years6.67%3.33%1 Jul 2011
Other food product manufacturing n.e.c.:
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:
Bins and hoppers (including holding bins, intermediate bulk containers, tote bins etc):
Mild and stainless steel15 years13.33%6.67%1 Jul 2012
Beer manufacturing (except non-alcoholic beer):
Packaging assets:
Keg line assets:
Kegs (stainless steel)15 years13.33%6.67%1 Jul 2013
Spirit manufacturing:
Distillation assets
Stainless steel stills (continuous/vacuum stills, marc stills producing grape spirit, neutral spirit or potable ethanol [incorporating analyser/stripping columns, purifier columns, rectifying columns, condensers and dephlegmators/reflux condensers and methanol/fusel oil isolators])25 years8.00%4.00%1 Jul 2018
Wine and other alcoholic beverage manufacturing:
Support assets:
Pipes and fittings:
Stainless steel25 years8.00%4.00%1 Jul 2008
Industrial gas manufacturing:
Support and other assets:
Piping assets:
Pipes:
Stainless steel30 years6.67%3.33%1 Jul 2011
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Support and other assets:
Tanks:
Ethanol and petroleum tanks:
Stainless steel30 years6.67%3.33%1 Jul 2012
WHOLESALE TRADE:
Intermediate bulk containers:
Mild and stainless steel15 years13.33%6.67%1 Jul 2019
RETAIL TRADE:
Supermarket and grocery stores:
Support and other assets:
Benches (stainless steel), free standing20 years10.00%5.00%1 Jul 2020
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Veterinary services:
Veterinarians' assets:
Animal cages:
Stainless steel cages20 years10.00%5.00%1 Jan 2004
OTHER SERVICES:
Laundry and dry cleaning services:
Support assets:
Trolleys and bins:
Stainless steel15 years13.33%6.67%1 Jul 2011

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Source: TR 2022/1