2017-2018 NRAS Year - Incentive Claim Update #1
AAHS are pleased to announce that all NRAS Incentive claims for the 2017-2018 NRAS year have been submitted to the Department of Social Services (DSS), well in advance of the June 30 deadline.
The DSS will now process the claims and, once assessment is complete, the DSS will issue the Federal portion (Refundable Tax Offset Certificate) of the NRAS Incentive to AAHS. AAHS will issue the Refundable Tax Offset Certificates to our Investors as soon as they are available. Historically, AAHS has received Refundable Tax Offset Certificates from the DSS between August and November.
The State Government cash portion of the Incentive will be paid by each respective State once advice from DSS is issued. Generally, this takes four to six weeks after the Federal portion of the Incentive has been issued.
Please be sure to regularly check in to our website for updates on Incentive claims, which will be posted as they become available.