ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Poultry processing:
Cut up & portion cutting assets:
Dicers, flatteners and portion cutters (including air, bowl, vacuum, vertical, water jet etc)6 years33.33%16.67%1 Jul 2017
Further processing assets:
Ovens and cookers (including gyro, spiral, steam, thermal fluid fryers, vertical airflow etc)15 years13.33%6.67%1 Jul 2017
Grain mill product manufacturing:
Flour milling assets:
Packaging assets:
Vertical form fill and seal/volumetric fillers (including valve bag fillers)15 years13.33%6.67%1 Jul 2017
Prepared animal and bird feed manufacturing:
Pet food manufacturing assets:
Dry process assets:
Coolers (including counterflow, horizontal and vertical)15 years13.33%6.67%1 Jul 2013
Ovens (including horizontal, tunnel and vertical)15 years13.33%6.67%1 Jul 2013
Prepared animal and bird feed manufacturing assets generally:
Drying, coating, cooling and addition assets:
Coolers (including counterflow, horizontal and vertical)15 years13.33%6.67%1 Jul 2012
Log sawmilling and timber dressing:
Saw milling equipment:
Green mill plant:
Sorter and trimming line plant:
Vertical bin sorters15 years13.33%6.67%1 Jan 2001
Glass and glass product manufacturing:
Glass product manufacturing assets:
Drilling and/or milling machines (including horizontal and vertical drilling machines)10 years20.00%10.00%1 Jul 2009
Glass handling and storage assets:
Bulk glass handling assets:
Vertical glass handlers (sideloaders, tuning forks)17 years11.76%5.88%1 Jul 2009
Vertical masts and other elevating work platforms - see Table A Rental and hiring services (except real estate) (66110 to 66400), Elevating work platforms (EWPs)
Cement manufacturing:
Milling assets (used for raw material and cement milling including gearbox and drives):
Roller mills (vertical) (including dryer systems and separators/classifiers where incorporated in the mill)25 years8.00%4.00%1 Jul 2011
Iron smelting and steel manufacturing:
Hot strip mill assets:
Reversing roughing mill assets:
Vertical edgers (incorporating drive motors, gearboxes and edger adjustments)20 years10.00%5.00%1 Jul 2010
Pellet making assets:
Dewatering assets:
Vertical plate pressure filters (incorporating filters, plates, membranes, water sprays, ladders, bomb bay doors)20 years10.00%5.00%1 Jul 2010
Steel strip metallic coating assets:
Vertical air coolers (incorporating ducting, fans and motors)15 years13.33%6.67%1 Jul 2010
Vertical preheat furnaces15 years13.33%6.67%1 Jul 2010
Motor vehicle manufacturing:
Bus and truck manufacturing assets (including bus vehicle body assembling assets and truck body manufacturing assets):
Assembly and body shop assets:
Welding assets:
Vertical electric welders (pedestal welders)15 years13.33%6.67%1 Jul 2011
Metal stamping and blanking assets:
Maintenance workshop and tool room assets:
Lifting equipment (including vertical elevators and hoists)15 years13.33%6.67%1 Jul 2012
CONSTRUCTION:
Compaction:
Compactors - vertical rammer6 years33.33%16.67%1 Jul 2008
RETAIL TRADE:
Motor vehicle tyre or tube retailing:
Tyre conveyors:
Vertical8 years25.00%12.50%1 Jul 2011
TRANSPORT, POSTAL AND WAREHOUSING:
Water transport and support services:
Salvage machinery:
Boilers, vertical40 years5.00%2.50%1 Jan 2001
RENTAL, HIRING AND REAL ESTATE SERVICES:
Rental and hiring services (except real estate):
Compaction:
Compactors - vertical rammer6 years33.33%16.67%1 Jul 2005
OTHER SERVICES:
Automotive repair and maintenance:
Automotive and heavy vehicle repair and maintenance assets:
Tyre conveyors:
Vertical8 years25.00%12.50%1 Jul 2011
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Boring machines (including floor borers, jib borers, horizontal and vertical boring machines)15 years13.33%6.67%1 Jul 2015
Table B
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
Compaction assets:
Compactors - vertical rammer6 years33.33%16.67%1 Jul 2008

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Source: TR 2022/1