• E3 National rental affordability scheme (NRAS) tax offset

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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 Social Services (formerly the Department of Families, Housing, Community Services and Indigenous Affairs) has issued a certificate under the NRAS. In order to claim the offset in 2013–14, the NRAS certificate must relate to the NRAS year comprising the period 1 May 2013 to 30 April 2014.

    Last modified: 05 Nov 2014QC 40267