ATO depreciation rates for bins assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
15 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Boot washers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Cages, stillages and trolleys (stainless steel) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Chillers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Conveyors (including belt loaders, bucket elevators, vibratory feeders etc) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Die sets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Flake ice machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Freezers (including blast freezers, crust freezers etc) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Hoppers | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Piping, pipelines and pipework (stainless steel) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Plastic | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Platforms and gantries | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Racking and shelving | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Stainless steel | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Tray stackers/destackers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Waste water management and treatment systems | 20 years | 5.00% | 10.00% | 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.