ATO depreciation rates for wet process assets assets in the Manufacturing industry, under Income Tax (Effective Life of Depreciating Assets) Determination 2025 (LI 2025/20).
25 assets listed.
| Asset | Effective life | Prime cost rate | Diminishing value rate | Applicable from |
|---|---|---|---|---|
| Air purification and recycling systems | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Basket tippers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Blending, dicing and mincing assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Blowers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Canning and tray assets (including closers and fillers) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Chillers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cool rooms | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cooling towers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Cutting assets (including knife and blade assemblies) | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Dewatering assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Drying assets | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Extruders | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Freezers | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Frozen block warmers | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Gravy make-up stations | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Grinders | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Hoppers (including batch and surge) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Mix slides and chutes | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Mixers (including batch and paddle) | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Pallet lifters and hoists | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Retort cooking vessels | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Retort trays | 15 years | 6.67% | 13.33% | 1 July 2025 |
| Seal thickness testing assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Slicing and shredding assets | 10 years | 10.00% | 20.00% | 1 July 2025 |
| Stacking assets Prepared animal and bird feed manufacturing assets | 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.