Help on Refundable Tax Offset Certificate to Cash

Hello,

Aug 2014 my NRAS property rented and have been receiving incentives payment progress email from Ethan Housing for a very long time. This month I received an email asking me below question:

"Once again, if you need to change your nomination from Refundable Tax Offset Certificate to Cash, please do so by contacting urgently."

My question is, if I opt to get cash, will there be any changes to my tax retuns? Is there anything I need to be careful of? Any help on this is much appreciated.

Lastly, is anyone have already received payments so far?

Thanks and regards
MohanWei
 
Some recipients can complete a form and in place of a RTO they get paid the benefit in cash. You have to complete a choice. I believe this is only available to low income people with incomes under the tax free threshold ($18,200).
....Discuss with your provider about eligibility.
 
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