ATO depreciation rates for tree nut assets assets in the Agriculture, Forestry And Fishing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
8 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| De-husking units | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Drying silos | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Livestock grids | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Motorcycles used in primary production activities | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Post drivers/hole diggers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Protective structures (including shade houses and netting constructions) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Sheds on land that is used for agricultural or pastoral operations (including machinery sheds, workshop sheds and farm production sheds) | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Trommels | 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.