Show download pdf controls
  • E3 National rental affordability scheme (NRAS) tax offset



    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 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