ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Other mining support services:
Gas and oil mining support services (excluding offshore services):
Cementing assets:
Cement tankers (incorporating tank and trailer) - see Table B Motor vehicles and trailers, trailers having a gross vehicle mass greater than 4.5 tonnes
MANUFACTURING:
Dairy product manufacturing:
Ancillary and support assets:
Milk tankers (incorporating tank and trailer)15 years13.33%6.67%1 Jul 2017
Industrial gas manufacturing:
Industrial gas distribution assets:
Tanker filling station assets:
Breakaway couplings12 years16.67%8.33%1 Jul 2011
Framework, manifolds and piping20 years10.00%5.00%1 Jul 2011
Tanker filling hoses10 years20.00%10.00%1 Jul 2011
Weighbridges20 years10.00%5.00%1 Jul 2011
Basic organic chemical manufacturing:
Ethanol manufacturing assets:
Support and other assets:
Tanker filling assets:
Automated dispensing systems10 years20.00%10.00%1 Jul 2012
Automatic tank gauges10 years20.00%10.00%1 Jul 2012
Fire protection systems (incorporating auxiliary monitors, fire and UV detectors, fire indicator panels, fire retardant lines and foam storage tanks)15 years13.33%6.67%1 Jul 2012
Hoses2 years100.00%50.00%1 Jul 2012
Loading and unloading arms (incorporating balance mechanisms, couplers, drop hoses and swivels)10 years20.00%10.00%1 Jul 2012
Meters and metering systems7 years28.57%14.29%1 Jul 2012
Overfill protection systems10 years20.00%10.00%1 Jul 2012
Ready-mixed concrete manufacturing:
Cement tankers (incorporating tank and trailer) - see Table B Motor vehicles and trailers, trailers having a gross vehicle mass greater than 4.5 tonnes
TRANSPORT, POSTAL AND WAREHOUSING:
Water transport and support services:
Commercial vessels:
Tankers:
Oil and chemical20 years10.00%5.00%1 Jul 2009
LNG and LPG30 years6.67%3.33%1 Jul 2009

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Source: TR 2022/1