ATO depreciation rates for pumps assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
19 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Acid and urea pumps | 3 years | 33.33% | 66.67% | 1 July 2025 |
| Cryogenic pumps | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Generally | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Heat, molasses and water pumps | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Liquid carbon dioxide (CO2) pumps | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Other pumps | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Product pumps | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Racking | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Rotary filters | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Scales | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Scrubbers | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Shelving | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Side stream strippers | 25 years | 4.00% | 8.00% | 1 July 2025 |
| Silos | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Silos (including polyvinylchloride (PVC) and steel construction) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Steelwork structures (including ladders, platforms and walkways) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Storage tanks (including polyvinylchloride (PVC) and steel construction) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Vacuum pumps | 12 years | 8.33% | 16.67% | 1 July 2025 |
| Water pumps | 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.