ATO depreciation rates for customer installations assets assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
4 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Freezers (including batch freezers, freeze tunnels, and tumble freezers) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Gas supply metering, monitoring and control systems (incorporating meters, telemetry assets, sensors, transmitters and supply switching devices) | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Membrane systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Vacuum swing adsorption (VSA) systems | 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.