ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Natural textile manufacturing:
Cotton manufacturers' machinery:
Conveyors10 years20.00%10.00%1 Jan 2001
Engines, gas20 years10.00%5.00%1 Jan 2001
Gas producer plant13 ⅓ years15.00%7.50%1 Jan 2001
Gins10 years20.00%10.00%1 Jan 2001
Weaving machinery (silk and cotton)13 ⅓ years15.00%7.50%1 Jan 2001
Textile floor covering manufacturing:
Carpet manufacturing assets:
Accumulators20 years10.00%5.00%1 Jul 2017
Beamers (including warpers)15 years13.33%6.67%1 Jul 2017
Creels20 years10.00%5.00%1 Jul 2017
Cutting tables15 years13.33%6.67%1 Jul 2017
J Bins20 years10.00%5.00%1 Jul 2017
Lapping and mending frames15 years13.33%6.67%1 Jul 2017
Lapping trolleys15 years13.33%6.67%1 Jul 2017
Latex application assets17 years11.76%5.88%1 Jul 2017
Offline mending tables15 years13.33%6.67%1 Jul 2017
Ovens20 years10.00%5.00%1 Jul 2017
Pre-coat assets (including direct coat applicators and steamers)15 years13.33%6.67%1 Jul 2017
Re-wind machines13 years15.38%7.69%1 Jul 2017
Roll-up machines15 years13.33%6.67%1 Jul 2017
Sample binding assets (including binders and sewing machines)15 years13.33%6.67%1 Jul 2017
Sample cutting assets (including stamping presses)15 years13.33%6.67%1 Jul 2017
Shearers20 years10.00%5.00%1 Jul 2017
Stretchers (including pre-tenters)15 years13.33%6.67%1 Jul 2017
Tufters15 years13.33%6.67%1 Jul 2017
Textile finishing and other textile product manufacturing:
Flock manufacturing plant:
Carding machines13 ⅓ years15.00%7.50%1 Jan 2001
General plant20 years10.00%5.00%1 Jan 2001
OTHER SERVICES:
Photographic film processing:
Printing assets:
Textile printers (including direct to fabric printers and direct to garment printers)5 years40.00%20.00%1 Jul 2017

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Source: TR 2022/1