ATO depreciation rates for offal processing 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 |
|---|---|---|---|---|
| Chilled water systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Fat vacuum transfer systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Head splitters | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Intestine processing machines | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Jaw breakers | 5 years | 20.00% | 40.00% | 1 July 2025 |
| Offal bins | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Offal chutes | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Offal cutting tables | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Offal packing stations | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Offal transfer conveyors (incorporating belts, drives, motors and supporting structure) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Offal tumblers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Offal washers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Overhead bleed, dressing and trim conveyors ((incorporating housings, handles, chains and motors) including elevators and lowerators) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Tongue cleaners | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Tripe cookers/centrifuges | 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.