ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Glass and glass product manufacturing:
Glass product manufacturing assets:
Waterjet cutting machines10 years20.00%10.00%1 Jul 2009
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Waterjet cutting machines10 years20.00%10.00%1 Jul 2015

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Source: TR 2022/1