ATO depreciation rates for ventilation fans assets in the Agriculture, Forestry And Fishing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
7 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Animal housing structures (incorporating frames, walls, rooves, insulation, doors, floors and lighting) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Cages (for egg layers) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Egg belt systems (under cage/nest housing) (including belts, rollers, tensioners and drive units) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Egg conveyors (including drive units) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Egg counters | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Egg elevators (including drive units) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Stirrer fans | 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.