ATO depreciation rates for cereal manufacturing assets) assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
10 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Coating assets (including coating applicators and drum coaters) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cookers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Delumpers (lump breakers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Extruders | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Feeders (including loss-in-weight and screwtype feeders) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Flite dryers | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Fluid bed dryers | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Milling machines (including flaking mills, pellet mills and shredding mills) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Others (including belt and coating dryers) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Steam preconditioners | 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.