ATO depreciation rates for preparatory and extraction 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 |
|---|---|---|---|---|
| Belt weighers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Breaking assets (including dehullers and crackers) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Bulk oil storage tanks | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Centrifuges, decanters and separators | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Cleaning and pre-cleaning assets (including seed cleaners and vibratory screens) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Colorimeters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Cookers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cookers (including conditioners and preheaters) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Crushing and breaking assets (including grinders, flaking machines and seed crackers) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Deodorisers | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Drying assets (including vacuum dryers) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Dust collection assets (including ductwork, dust collectors, scrubbers and fans) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Environmental control assets (including scrubbers, ductwork, fans, biofilters and concrete containers) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Flow meters | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Gas chromatograph analysers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Heat exchangers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Milling and grinding assets (including flakers, hammer mills and roller mills) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Mineral oil recovery system assets (incorporating heat exchangers, mineral oil scrubbers and oil strippers) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Moisture and protein analysers, electronic (including near infrared analysers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Olive oil processing assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Pasteurisers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Pin rotor machines (including plasticators and complectors) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Pipes and pipelines | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Pumps | 8 years | 12.50% | 25.00% | 1 July 2025 |
| Scraped surface heat exchangers (including perfectors and crystallisers) | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Seed samplers, hydraulic driven | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Spectrophotometers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Stacks (steel flues) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Steel | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Tanks and vats | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Vacuum separators | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Vibratory screens | 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.