ATO depreciation rates for drying, coating, cooling and addition assets assets in the Manufacturing 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 |
|---|---|---|---|---|
| Coating assets (including oil, tumble and vacuum coaters) | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Coolers (including counterflow, horizontal and vertical) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cooling fans and cyclones | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Dryers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Injection systems (including tallow) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Meters (including counterflow meters) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Post pellet addition systems (incorporating mixers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Screening and sieving assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Vacuum pump and piping | 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.