ATO Depreciation Rates 2023

Table A
NameEffective LifeDiminishing Value RatePrime Cost RateDate of Application
AGRICULTURE, FORESTRY AND FISHING:
Fences (excluding stockyard, pen and portable fences): Being fencing constructed at a time for a particular function (e.g. a line of fencing forming a side of a boundary or paddock) not being in the nature of a repair:
General (incorporating anchor assemblies, intermediate posts, rails, wires, wire mesh and droppers)30 years6.67%3.33%1 Jul 2008
Electric20 years10.00%5.00%1 Jul 2008
MANUFACTURING:
Rigid and semi-rigid polymer product manufacturing:
Safety fencing15 years13.33%6.67%1 Jul 2016
Steel coil roll forming, slitting and blanking and sheet metal forming:
Steel coil roll forming assets:
Support assets:
Perimeter fencing15 years13.33%6.67%1 Jul 2012
Motor vehicle manufacturing:
Metal stamping and blanking assets:
Ancillary assets (including building and services assets):
Generally (including air conditioning assets, air cooling assets, fencing (removable), fire control and alarm assets, power supply assets) - use any applicable determination in Table B

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Source: TR 2022/1