ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Infrastructure support assets:
Electrical infrastructure assets (including power reticulation, substations, switchgear and transformers)25 years8.00%4.00%1 Jul 2003
MANUFACTURING:
Fruit and vegetable processing:
Fruit juice and fruit juice drink manufacturing assets:
Support assets:
Control system assets (excluding personal computers but including program logic controllers (PLCs) and switchgear)10 years20.00%10.00%1 Jul 2010
Bakery product manufacturing (non-factory based):
Sugar milling assets:
Support assets:
Control system assets:
Control cabinets and switchgear10 years20.00%10.00%1 Jul 2011
Sugar refining assets:
Support assets:
Control system assets:
Control cabinets and switchgear10 years20.00%10.00%1 Jul 2011
Other food product manufacturing n.e.c.:
Tea processing assets:
Support assets:
Control system assets (including control cabinets and switchgear, instrumentation, programmable logic controllers (PLCs) and variable speed drives (VSDs))10 years20.00%10.00%1 Jul 2012
Soft drink, cordial and syrup manufacturing:
Support assets:
Control system assets (excluding personal computers, but including program logic controllers (PLCs) and switchgear)10 years20.00%10.00%1 Jul 2009
Wine and other alcoholic beverage manufacturing:
Support assets:
Electrical and Process control systems:
Control cabinets, switchgear10 years20.00%10.00%1 Jul 2008
Pulp, paper and converted paper product manufacturing:
Pulp and paper mill assets:
Electrical and instrumentation assets:
Power plant assets (including switchgear, transformers and turbo generators) - see Table A Electricity supply (26110 to 26400)
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Support and other assets:
Control system assets:
Control cabinets and panels, programmable logic controllers (PLCs), switchgear and variable speed drives (VSDs)10 years20.00%10.00%1 Jul 2012
Basic inorganic chemical manufacturing:
Ammonia manufacturing assets:
Support assets:
Control system assets:
Control cabinets and panels, program logic controllers (PLCs), switchgear and variable speed drives (VSDs)10 years20.00%10.00%1 Jul 2013
Polymer film and sheet packaging material manufacturing:
Support assets:
Control system assets (including control cabinets and panels, programmable logic controllers (PLCs), switchgear and variable speed drives (VSDs))10 years20.00%10.00%1 Jul 2014
Rigid and semi-rigid polymer product manufacturing:
Control system assets - see Table B Control systems and control system assets (including control cabinets and panels, instruments, programmable logic controllers (PLCs), sensors, switchgear telemetry and variable speed drives (VSDs))
Cement manufacturing:
Support assets:
Control systems (process and safety control systems incorporating PLCs, cabling, monitors, sensors and switchgear, but excluding software)10 years20.00%10.00%1 Jul 2011
Iron smelting and steel manufacturing:
Assets used in common in iron smelting and steel manufacturing processes:
Electricity distribution, generation or transmission assets:
High voltage switchgear25 years8.00%4.00%1 Jul 2010
Alumina production:
Alumina manufacturing (including bauxite refining and calcined alumina manufacturing):
Steam raising and electrical infrastructure assets (including switchgear and transformers)30 years6.67%3.33%1 Jan 2003
Aluminium smelting:
Steam raising and electrical infrastructure assets:
Generally (including switchgear and transformers)30 years6.67%3.33%1 Jan 2003
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity generation:
Power generators:
Co-generation:
On-site switchyards with conventional outdoor switchgear30 years6.67%3.33%1 Jan 2002
On-site switchyards with gas insulated switchgear30 years6.67%3.33%1 Jan 2002
Combined cycle:
On-site switchyards with conventional outdoor switchgear30 years6.67%3.33%1 Jan 2002
On-site switchyards with gas insulated switchgear30 years6.67%3.33%1 Jan 2002
Diesel or gas engine:
On-site switchyards with conventional outdoor switchgear30 years6.67%3.33%1 Jan 2002
On-site switchyards with gas insulated switchgear30 years6.67%3.33%1 Jan 2002
Gas turbine:
On-site switchyards with conventional outdoor switchgear30 years6.67%3.33%1 Jan 2002
On-site switchyards with gas insulated switchgear30 years6.67%3.33%1 Jan 2002
Hydro-electric:
On-site switchyards with conventional outdoor switchgear40 years5.00%2.50%1 Jan 2002
On-site switchyards with gas insulated switchgear35 years5.71%2.86%1 Jan 2002
Thermal:
On-site switchyards with conventional outdoor switchgear30 years6.67%3.33%1 Jan 2002
On-site switchyards with gas insulated switchgear30 years6.67%3.33%1 Jan 2002
TRANSPORT, POSTAL AND WAREHOUSING:
Tramway and light rail passenger transport services:
Infrastructure assets:
Electrification assets:
Substations (incorporating switchgear and circuit breakers)40 years5.00%2.50%1 Jul 2010
Rail freight and passenger transport services:
Infrastructure assets:
Electrification assets:
Substations (incorporating switchgear and circuit breakers)40 years5.00%2.50%1 Jan 2002
Monorail operation assets:
Infrastructure assets:
Electrification assets:
Substations (incorporating switchgear and circuit breakers)40 years5.00%2.50%1 Jul 2010
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Control systems and control system assets (including control cabinets and panels, instruments, programmable logic controllers (PLCs), sensors, switchgear telemetry and variable speed drives VSDs))10 years20.00%10.00%1 Jul 2015

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Source: TR 2022/1