ATO depreciation rates for feedstock handling and storage assets 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 |
|---|---|---|---|---|
| Cleaning assets (including magnetic separators, screeners and sieves) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Conveyor belt weighers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Conveyors (including belt, drag and screw conveyors, bucket and rake elevators and chutes) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Dam covers | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Dam liners | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Dams | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Hoppers (including weigh hoppers) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Milling machines (including hammer and roller mills) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Pipelines (incorporating fittings and valves) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Receival station control systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Receival troughs (incorporating protective cladding, rails and roofing) | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Silo aerators | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Silos | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Starch tanks | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Tanks | 30 years | 3.33% | 6.67% | 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.