ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
MANUFACTURING:
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil roll forming assets:
Coil joining welding units15 years13.33%6.67%1 Jul 2012
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:
Automatic stud well bowl feeder units10 years20.00%10.00%1 Jul 2011
Hand held and portable spot welders (including transformers)10 years20.00%10.00%1 Jul 2011
MIG welders15 years13.33%6.67%1 Jul 2011
Stud welding machines15 years13.33%6.67%1 Jul 2011
TIG welders15 years13.33%6.67%1 Jul 2011
Vertical electric welders (pedestal welders)15 years13.33%6.67%1 Jul 2011
Welding reels7 years28.57%14.29%1 Jul 2011
Metal stamping and blanking assets:
Maintenance workshop and tool room assets:
Benches and cutting tables (including magnetic field benches, marking out tables, welding benches etc)15 years13.33%6.67%1 Jul 2012
Motor car engine assembly and manufacturing assets:
Toolroom assets:
Benches and cutting tables (including magnetic field benches, marking out tables, welding benches etc)15 years13.33%6.67%1 Jul 2012
Railway rolling stock manufacturing and repair services:
Assembly assets:
Welding assets (including robot welders and spot welding towers)10 years20.00%10.00%1 Jul 2014
Maintenance and refurbishment assets:
Welding assets (including robot welders and spot welding towers)10 years20.00%10.00%1 Jul 2014
CONSTRUCTION:
Other heavy and civil engineering construction:
Automatic welding machines (used at sea in construction of submarine pipelines)10 years20.00%10.00%1 Jan 2001
TRANSPORT, POSTAL AND WAREHOUSING:
Tramway and light rail passenger transport services:
Infrastructure assets:
Track maintenance assets:
Truck mounted maintenance assets (including points cleaning, sweeping and welding machines)15 years13.33%6.67%1 Jul 2010
OTHER SERVICES:
Other machinery and equipment repair and maintenance:
Agriculture, construction and mining heavy machinery and equipment repair and maintenance assets:
Workshop assets:
Welding assets:
Welders (including ARC, MIG, TIG, multi process and oxy-acetylene welders/cutters)10 years20.00%10.00%1 Jul 2015
Weld tables and positioners (including rotary tables)10 years20.00%10.00%1 Jul 2015
Welding helmets incorporating respirators3 years66.67%33.33%1 Jul 2015
Wire feeders5 years40.00%20.00%1 Jul 2015

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Source: TR 2022/1