ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Glass and glass product manufacturing:
Glass product manufacturing assets:
Automotive glass product manufacturing assets:
Post-processing assets used in automotive laminated glass production and toughened glass production processes:
Others (including conveyor handling assets, encapsulation presses, hot melt adhesive applicators, robots and tooling)15 years13.33%6.67%1 Jul 2009
Iron smelting and steel manufacturing:
Steel railway track product manufacturing assets:
Steel railway clip manufacturing assets:
Tooling15 years13.33%6.67%1 Jul 2011
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil roll forming assets:
Roll former tooling8 years25.00%12.50%1 Jul 2012
Steel coil slitting assets:
Slitter tooling (incorporating blades, rubbers and spacers)5 years40.00%20.00%1 Jul 2012
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Ancillary and support assets:
Tooling:
Dies (for press brakes)12 years16.67%8.33%1 Jul 2011
Jigs and fixtures7 years28.57%14.29%1 Jul 2011
Moulds (including fibreglass moulds)7 years28.57%14.29%1 Jul 2011
Motor car engine assembly and manufacturing assets:
Ancillary and support assets:
Tooling assets:
Electronic and laser tool pre-setting and setting machines (including coordinate measurement machines)10 years20.00%10.00%1 Jul 2012
Tooling (for drills, lathes, mills etc)3 years66.67%33.33%1 Jul 2012
Motor vehicle manufacturing plant (not listed elsewhere):
Tooling (i.e. jigs, dies, press tools and specialty attachments such as working heads and work-holding tools)3 years66.67%33.33%1 Jan 2001
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Tooling:
Moulds7 years28.57%14.29%1 Jul 2015
Press brake dies10 years20.00%10.00%1 Jul 2015
Tooling for lathes, machining centres, milling machines and other machine tools7 years28.57%14.29%1 Jul 2015
Vehicle specific specialised tooling5 years40.00%20.00%1 Jul 2015
Workholding devices (including jigs and fixtures)7 years28.57%14.29%1 Jul 2015

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Source: TR 2022/1