ATO depreciation rates for chemical processing assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
32 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Chemical (including caustic) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Chemical and flammable storage cabinets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Chemical dosing pumps | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Chemical injection systems | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Chemical preparation assets (including tanks and pipes used for chemical preparation) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Chemical pumps | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Chemical rinsing, cleaning and pre-treatment assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Chemical storage | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Chemical storage tanks | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cold boxes (incorporating cryogenic distillation columns, expansion valves, heat exchangers, piping, separators and vacuum insulated enclosures) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Cold boxes (incorporating distillation columns, expansion valves, heat exchangers, piping, separators and vacuum insulated enclosures) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Cooling assets for dried distillers grain (including blowers and fans, chillers, ducting and other cooling assets) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Distillation columns | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Distillation columns, dephlegorators, pumps, tanks, coolers, condensers and pre heaters | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Distillation system assets (incorporating distillation columns, steam economisers, condensers, evaporators and oil strippers) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Fertiliser manufacturing plant (excluding ammonia manufacturing assets and ammonium nitrate manufacturing assets listed in Table A Basic inorganic chemical manufacturing (18130)) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Meal and cake processing assets (incorporating desolventisers, toasters, drying and cooling assets) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Pipe reactors (titanium) | 3 years | 33.33% | 66.67% | 1 July 2025 |
| Printers and ink coders Distillation assets | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Reactors | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Sequential batch reactors | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Sludge tanks, pre heaters, distillation columns, tanks, decanters, condensers, and pumps | 35 years | 2.86% | 5.71% | 1 July 2025 |
| Sludge, chemical storage and dosing tanks | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Solvent extractors (including hoppers and conveyors) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Solvent water separation system assets (incorporating condensers, solvent water separators, steam ejectors and solvent receivers) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Stainless steel Linseed or flaxseed and other edible, non-modified, refined or solvent extracted oil processing assets | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Used in amine treating, bitumen blowing, catalytic de-waxing, continuous coking, delayed coking, hydrodesulphurisation, hydrotreating, potassium carbonate treating, vacuum distillation or visbreaking | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Used in amine treating, bitumen blowing, catalytic de-waxing, continuous coking, delayed coking, potassium carbonate treating, vacuum distillation or visbreaking | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Used in amine treating, bitumen blowing, potassium carbonate treating or vacuum distillation | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Used in amine treating, continuous coking, delayed coking, potassium carbonate treating, visbreaking or vacuum distillation | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Washing machines and tanks (including ultrasonic cleaners/washers and other hot solvent small parts washing assets) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| X-ray and chemical lean analysis 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.