What NRAS incentives are provided through the tax system?

The Federal Government contribution or incentive is paid in the form of refundable tax offsets for complying investors who can claim their entitlement to the tax offset using one of the following methods:

  • in their annual tax return
  • by lodging a short-form application if they are an income tax exempt entity who would not ordinarily lodge a tax return.

Tax endorsed charitable institutions that are entitled to receive their incentive in the form of a grant do not claim this through the tax system. They will receive the incentive from the Secretary of the DSS (the Housing Secretary).

    Last modified: 30 Jul 2015QC 21519