ATO depreciation rates for planting assets assets in the Agriculture, Forestry And Fishing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
16 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Automated | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Benches and tables | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Billet planters | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Conveyors | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Hoppers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Manual | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Pot, punnet and tray dispensers | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Potato cutters | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Potato planters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Potting machines (including pot and bag fillers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Soil elevators | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Soil mixers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Transplanters (plugs and seedlings) | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Tray and punnet fillers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tray washers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Vermiculite dispensers and coverers | 15 years | 6.67% | 13.33% | 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.