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E3 National rental affordability scheme (NRAS) tax offset

Last updated 12 February 2019

Show at E3 the amount of NRAS tax offset entitlement.

The NRAS is designed to encourage large-scale investment in affordable housing. The NRAS offers incentives to providers of new dwellings on the condition that they are rented to low and moderate income households at 20% below market rates.

The refundable tax offset is only available where the Housing Secretary from the Department of Social Services has issued a certificate under the NRAS. In order to claim the offset in 2014–15, the NRAS certificate must relate to the NRAS year comprising the period 1 May 2014 to 30 April 2015.