ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Meat processing:
Livestock handling assets:
Loading ramps stationary and height adjustable (hydraulic, pneumatic and electronic)15 years13.33%6.67%1 Jul 2013
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil blanking or shear line assets:
Coil cars (including stationary coil cars)15 years13.33%6.67%1 Jul 2012
Wooden furniture and upholstered seat manufacturing:
Dust management assets:
Stationary dust collection systems (incorporating bags, motors, pipes etc)12 years16.67%8.33%1 Jul 2022
Tools:
Stationary machines:
Computer numerical control (CNC) machines (including CNC routers)10 years20.00%10.00%1 Jul 2022
Edge banders8 years25.00%12.50%1 Jul 2022
Pedestal drills (drill presses)10 years20.00%10.00%1 Jul 2022
Sanders (including belt sanders, drum sanders, edge sanders, spindle sanders etc)12 years16.67%8.33%1 Jul 2022
Spindle moulders10 years20.00%10.00%1 Jul 2022
Thicknessers/Buzzers15 years13.33%6.67%1 Jul 2022
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Solid waste collection services:
Bins:
Stationary and portable compactor bins8 years25.00%12.50%1 Jul 2015
OTHER SERVICES:
Automotive body, paint and interior repair n.e.c.:
Smash repair assets:
Dust extraction systems:
Stationary vacuum dust collection units5 years40.00%20.00%1 Jul 2009

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Source: TR 2022/1