ATO depreciation rates for steel railway clip manufacturing assets assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
18 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Anti-corrosion dip tanks | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Coil transfer arms (incorporating motors, gearboxes and drive shafts) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Conveyor systems | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Cooling towers | 20 years | 5.00% | 10.00% | 1 July 2025 |
| End spades | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Gas temper furnaces | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Hoppers | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Induction heaters | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Noise reduction enclosures | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Pumps | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Quality control test rigs | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Quench systems (incorporating heat exchangers, transfer arms, tanks, pipes and pumps) | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Racks for storage | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Shears | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Tanks | 20 years | 5.00% | 10.00% | 1 July 2025 |
| Tooling | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Transfer systems (incorporating flat bed transfer table) | 30 years | 3.33% | 6.67% | 1 July 2025 |
| Weigh scales | 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.