ATO depreciation rates for packaging machines assets in the General 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 |
|---|---|---|---|---|
| Bag sewers | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Bagging machines (including flow wrappers, form fill and seal machines, and roll wrapping machines) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Case erecting, packing and closing machines (including casepackers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Palletisers and depalletisers | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Partitions (demountable) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Plastic safety screens (including sneeze guards) | 2 years | 50.00% | 100.00% | 1 July 2025 |
| Product identification labellers (including decorating, applicators and coding machines) | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Robotic pick and place packaging machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Wrapping machines (including pallet wrappers, shrink wrappers, stretch wrappers and strapping machines) | 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.