ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MINING:
Underground mobile mining machines:
Compressors10 years20.00%10.00%1 Jul 2002
Continuous haulage systems10 years20.00%10.00%1 Jul 2002
Continuous miners10 years20.00%10.00%1 Jul 2002
Drill rigs:
Diamond20 years10.00%5.00%1 Jul 2002
Production7 years28.57%14.29%1 Jul 2002
Feeder breakers15 years13.33%6.67%1 Jul 2002
Graders10 years20.00%10.00%1 Jul 2002
Jumbos10 years20.00%10.00%1 Jul 2002
Load-haul-dump machines6 years33.33%16.67%1 Jul 2002
Long-wall equipment:
Armoured face conveyors6 years33.33%16.67%1 Jul 2002
Beam stage loaders7 years28.57%14.29%1 Jul 2002
Hydraulic pump modules15 years13.33%6.67%1 Jul 2002
Hydraulic roof supports10 years20.00%10.00%1 Jul 2002
Impact crushers10 years20.00%10.00%1 Jul 2002
Mobile conveyors tail end5 years40.00%20.00%1 Jul 2002
Roof support relocation vehicles10 years20.00%10.00%1 Jul 2002
Shearers7 years28.57%14.29%1 Jul 2002
Shearer carriers10 years20.00%10.00%1 Jul 2002
Maintenance vehicles8 years25.00%12.50%1 Jul 2002
Personnel transporters8 years25.00%12.50%1 Jul 2002
Raise borers and down reamers20 years10.00%5.00%1 Jul 2002
Roof bolters8 years25.00%12.50%1 Jul 2002
Scissor lifts6 years33.33%16.67%1 Jul 2002
Shuttle cars12 years16.67%8.33%1 Jul 2002
Skid steer loaders12 years16.67%8.33%1 Jul 2002
Underground haulage trucks6 years33.33%16.67%1 Jul 2002
Wheel loaders6 years33.33%16.67%1 Jul 2002
Mineral exploration services:
Exploration assets:
Drill rigs:
Underground5 years40.00%20.00%1 Jan 2007
Other mining support services:
Mineral mining support services:
Blasting assets:
Mobile processing units (MPUs):
Underground MPUs (incorporating motor vehicle and MPU)6 years33.33%16.67%1 Jul 2017
MANUFACTURING:
Oil and fat manufacturing:
Receiving and storage assets:
Underground seed storage assets (including concrete dump pits)40 years5.00%2.50%1 Jul 2012
Iron smelting and steel manufacturing:
Assets used in common in iron smelting and steel manufacturing processes:
Electricity distribution, generation or transmission assets:
Aerials or underground cables30 years6.67%3.33%1 Jul 2010
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity distribution:
Customer service mains or cable, underground50 years4.00%2.00%1 Jan 2002
Distribution lines:
Combination of above ground and underground47 ½ years4.21%2.11%1 Jan 2002
Underground (incorporating cables, fittings and ground pad mounted transformers)50 years4.00%2.00%1 Jan 2002
Gas supply:
Gas transmission:
Underground gas storage asset40 years5.00%2.50%1 Jul 2002
WHOLESALE TRADE:
Petroleum product wholesaling:
Bulk fuel regional depot assets (excluding LPG assets):
Underground distribution piping systems (incorporating pipes, fittings and manholes) fibreglass and steel20 years10.00%5.00%1 Jul 2010
LPG depot and terminal assets:
Depot and terminal storage vessels - aboveground and underground30 years6.67%3.33%1 Jul 2010
RETAIL TRADE:
Fuel retailing:
Gasoline and diesoline assets:
Underground fuel distribution and containment piping systems (incorporating pipes, fittings and manholes)20 years10.00%5.00%1 Jul 2010
Underground fuel storage tanks - steel and fibreglass20 years10.00%5.00%1 Jul 2010
LPG assets:
LPG storage tanks - aboveground and underground30 years6.67%3.33%1 Jul 2010
Underground steel piping systems (incorporating pipes, fittings and manholes)20 years10.00%5.00%1 Jul 2010
TRANSPORT, POSTAL AND WAREHOUSING:
Rail freight and passenger transport services:
Railway rolling stock:
Locomotives:
Underground (diesel-battery)15 years13.33%6.67%1 Jan 2002
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Surveying and mapping services:
Utility locator (underground service locator) assets:
Ground penetrating radars (GPRs)5 years40.00%20.00%1 Jul 2015
Magnetic locators5 years40.00%20.00%1 Jul 2015
Service locators5 years40.00%20.00%1 Jul 2015
Signal generators5 years40.00%20.00%1 Jul 2015
Signal tracer for locators4 years50.00%25.00%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Power supply assets:
Private electricity line assets (where used for a specified purpose):
Distribution lines:
Combination of overhead and underground47 ½ years4.21%2.11%1 Jul 2014
Underground (incorporating cables, fittings and ground pad mounted transformers)50 years4.00%2.00%1 Jul 2014
Service cables, underground50 years4.00%2.00%1 Jul 2014

Disclaimer: While all the effort has been made to make this service as helpful as possible, this is free service and the author makes no warranties regarding the accuracy or completeness to any information on this website.

Source: TR 2022/1