ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Sanitary paper product manufacturing:
Finishing and converted paper product manufacturing assets:
Generally (including machines for manufacturing disposable facial and toilet tissues, paper tablecloths, paper table napkins, interleaved and rolled paper towels)15 years13.33%6.67%1 Jul 2013
ACCOMMODATION AND FOOD SERVICES:
Accommodation:
Guestroom assets:
Bathroom assets:
Heated towel rails, electric5 years40.00%20.00%1 Jul 2005
Towels1 years200.00%100.00%1 Jul 2005
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Bathroom assets:
Heated towel rails, electric10 years20.00%10.00%1 Jul 2004
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