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  • E3 National rental affordability scheme (NRAS) tax offset

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    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 Sustainability, Environment, Water, Population and Community has issued a certificate under the NRAS. In order to claim the offset in the 2011-12 income year, the NRAS certificate must relate to the NRAS year comprising the period 1 May 2011 to 30 April 2012.

    Last modified: 13 Feb 2019QC 25835