ATO depreciation rates for piping assets 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 |
|---|---|---|---|---|
| Aerators | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Automated dispensing systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Automatic tank gauges | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Biogas system assets (excluding effluent pond covers) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Carbon steel | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Digester/aeration tanks | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Effluent channels and ponds | 40 years | 2.50% | 5.00% | 1 July 2025 |
| Fire protection systems (incorporating auxiliary monitors, fire and UV detectors, fire indicator panels, fire retardant lines and foam storage tanks) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Fixed | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Flow meters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Hoses | 2 years | 50.00% | 100.00% | 1 July 2025 |
| Loading and unloading arms (incorporating balance mechanisms, couplers, drop hoses and swivels) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Manifolds | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Meters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Meters and metering systems | 7 years | 14.29% | 28.57% | 1 July 2025 |
| Other | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Overfill protection systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Pipelines | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Pipes | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Piping | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Plastic | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Platform scales | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Pond covers | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Pond liners | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Portable | 4 years | 25.00% | 50.00% | 1 July 2025 |
| Pumps | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Stainless steel | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Valves | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Vapour condensers | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Water filtration assets (including ion exchange assets and reverse osmosis assets) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Water tanks (including condensate collection tanks) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Weighbridges | 20 years | 5.00% | 10.00% | 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.