ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Nursery and floriculture production:
Environmental control assets:
Ventilation fans5 years40.00%20.00%1 Jul 2006
Poultry farming for breeding, eggs and meat:
Animal housing environmental control assets:
Ventilation fans:
Exhaust fans (tunnel, minivent)12 years16.67%8.33%1 Jan 2007
Stirrer fans15 years13.33%6.67%1 Jan 2007
MANUFACTURING:
Other food product manufacturing n.e.c.:
Frozen pre-prepared food manufacturing assets (including frozen appetisers and finger foods such as dim sims and spring rolls, frozen french fries/potato chips, frozen pizzas and frozen pre-prepared meals):
Ancillary and support assets:
Frying oil reclaiming and cleansing systems (incorporating filtration equipment, storage tanks and ventilation hoods)20 years10.00%5.00%1 Jul 2012
Reconstituted wood product manufacturing:
Ventilation and dust extraction assets15 years13.33%6.67%1 Jan 2005
Iron smelting and steel manufacturing:
Hot strip mill assets:
Coil handling assets:
Cooling tunnel ventilation fans10 years20.00%10.00%1 Jul 2010
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Ancillary and support assets:
Ventilation fans20 years10.00%5.00%1 Jul 2011
RENTAL, HIRING AND REAL ESTATE SERVICES:
Residential property operators:
Assets generally:
Ventilation fans20 years10.00%5.00%1 Jul 2004
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES:
Scientific testing and analysis services:
Coal laboratory assets:
Sample preparation assets:
Float-sink testing units (incorporating ventilation ducting, fans, density separation apparatus etc, but excluding float-sink buckets)15 years13.33%6.67%1 Jul 2018
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Surface preparation assets:
Abrasive blasting assets:
Dust collection and ventilation systems12 years16.67%8.33%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Ventilation fans (excluding ducting, piping and vents)20 years10.00%5.00%1 Jan 2005

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Source: TR 2022/1