ATO depreciation rates for environmental control structures assets in the Agriculture, Forestry And Fishing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
9 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Drying tunnels | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Exhaust (tunnel, minivent) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Exhaust fans (tunnel, minivent) | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Filling and emptying machines (including bag fillers, bed winches, cassette fillers and tunnel fillers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Generally (including bin dryers, boxing machines, dehydration tunnels, dippers, rack dehydrators, scrapers, trolleys and wetting machines) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Trolleys Tunnels/rooms (incorporating doors, floors, drains, | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tunnel inlet panels | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Tunnel inlets | 10 years | 10.00% | 20.00% | 1 July 2025 |
The effective lives shown above are determined by the Commissioner of Taxation under section 40-100 of the Income Tax Assessment Act 1997. The diminishing value rate equals 200% ÷ effective life (for assets acquired on or after 10 May 2006). The prime cost rate equals 100% ÷ effective life. You may alternatively self-assess effective life — see the ATO website for guidance.