ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Mushroom growing:
Growing systems:
Trays:
Wood5 years40.00%20.00%1 Jul 2008
MANUFACTURING:
Other wood product manufacturing:
Clothes peg manufacturing plant (wood)13 ⅓ years15.00%7.50%1 Jan 2001
Case-making plant13 ⅓ years15.00%7.50%1 Jan 2001
Cork manufacturers' plant10 years20.00%10.00%1 Jan 2001
Frame (picture) manufacturing plant13 ⅓ years15.00%7.50%1 Jan 2001
Joinery plant13 ⅓ years15.00%7.50%1 Jan 2001
Moulding machinery (wood)13 ⅓ years15.00%7.50%1 Jan 2001
Wood working plant13 ⅓ years15.00%7.50%1 Jan 2001
Reconstituted wood product manufacturing:
Board coolers25 years8.00%4.00%1 Jan 2005
Board curing assets20 years10.00%5.00%1 Jan 2005
Board storage assets25 years8.00%4.00%1 Jan 2005
Chipping, milling and flaking assets15 years13.33%6.67%1 Jan 2005
Debarking assets15 years13.33%6.67%1 Jan 2005
Driers15 years13.33%6.67%1 Jan 2005
Fibre sifters15 years13.33%6.67%1 Jan 2005
Flake and fibre storage assets25 years8.00%4.00%1 Jan 2005
Glue, resin and wax mixing and blending assets15 years13.33%6.67%1 Jan 2005
Heat plant and boiler assets25 years8.00%4.00%1 Jan 2005
Lamination assets15 years13.33%6.67%1 Jan 2005
Log conditioning, heating and steaming assets25 years8.00%4.00%1 Jan 2005
Log sizing assets20 years10.00%5.00%1 Jan 2005
Log yard assets (see Table A Log sawmilling and timber dressing (14110 to 14130), saw milling equipment)
Magnetic separators25 years8.00%4.00%1 Jan 2005
Mat forming and weighing assets (including pendistor)20 years10.00%5.00%1 Jan 2005
Materials handling assets (including belt, chain and screw conveyors)20 years10.00%5.00%1 Jan 2005
Packaging assets20 years10.00%5.00%1 Jan 2005
Presses (including pre-press, hot and cold presses)25 years8.00%4.00%1 Jan 2005
Quality measuring assets (including blow detectors, thickness detectors and weighing bridges)15 years13.33%6.67%1 Jan 2005
Refiner assets20 years10.00%5.00%1 Jan 2005
Sanding and finishing assets25 years8.00%4.00%1 Jan 2005
Trimming and sawing assets25 years8.00%4.00%1 Jan 2005
Ventilation and dust extraction assets15 years13.33%6.67%1 Jan 2005
Woodchip screening and washing assets15 years13.33%6.67%1 Jan 2005
Pulp, paper and converted paper product manufacturing:
Pulp and paper mill assets:
Wood yard assets (including chip screens, chippers, reclaimers/live bottom scrappers and rotating drum debarkers)10 years20.00%10.00%1 Jan 2002
ELECTRICITY, GAS, WATER AND WASTE SERVICES:
Electricity supply:
Electricity distribution:
Distribution lines:
Above ground (incorporating conductors; cross arms, insulators and fittings; poles - concrete, wood, steel or stobie; and transformers - pole or ground pad mounted)45 years4.44%2.22%1 Jan 2002
ADMINISTRATIVE AND SUPPORT SERVICES:
Gardening services:
Arboriculture and gardening services:
Wood chippers8 years25.00%12.50%1 Jan 2004
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:
Overhead (incorporating poles - concrete, wood, steel or stobie - and electrical equipment the responsibility of the private landholder such as conductors, cross arms etc)45 years4.44%2.22%1 Jul 2014

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Source: TR 2022/1