This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.
End of attention
Show at F7 the amount of national rental affordability scheme tax offset entitlement.
The national rental affordability scheme (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 Families, Housing Community Services and Indigenous Affairs has issued a certificate under the NRAS. In order to claim the offset in the 2010-11 income year, the NRAS certificate must relate to the NRAS year comprising the period 1 May 2010 to 30 April 2011.
For more information, see National rental affordability scheme - refundable tax offset and other taxation issues.
Last modified: 11 Jan 2012QC 28016