ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Human pharmaceutical and medicinal product manufacturing:
Production assets:
Autoclaves (for terminal sterilisation)10 years20.00%10.00%1 Jan 2004
HEALTH CARE AND SOCIAL ASSISTANCE:
Hospitals:
Hospital assets:
Sterilisation and autoclave processing assets:
Drying cabinets10 years20.00%10.00%1 Jan 2003
Endoscope sterilisers and disinfectors5 years40.00%20.00%1 Jan 2003
Flash sterilisers10 years20.00%10.00%1 Jan 2003
Instrument washers10 years20.00%10.00%1 Jan 2003
Pre-vacuum sterilisers10 years20.00%10.00%1 Jan 2003
Ultrasonic cleaners and baths7 years28.57%14.29%1 Jan 2003
OTHER SERVICES:
Hairdressing and beauty services:
Beauty industry assets:
Sterilisation processing assets (including autoclaves and hot towel cabinets)5 years40.00%20.00%1 Jul 2010

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Source: TR 2022/1