ATO depreciation rates for feeding systems 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 |
|---|---|---|---|---|
| Automatic | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Grain mills (including roller mills, disc mills and hammer mills) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Manual | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Manure spreaders | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Silage pits | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Silage wagons | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Silos (steel) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Telescopic handlers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tub grinders | 7 years | 14.29% | 28.57% | 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.