Hello, A few questions regarding NRAS, Tax and NANE income. RBA Content | Australian Taxation Office Does anyone have a list of expenses that aren’t affected by this and don’t need to be reduced? Can you add back vacancies when calculating the % that expenses need to be reduced by? Eg if your NANE is $2500 and your rent is $10000 you would claim 80% of your expenses. However if you property was vacant for 10 weeks of the year so your rent would have been $12500 without the vacancy can you do the calculation using $12500 as your ‘rent’. Meaning you can claim 83% of your expenses? You can claim expenses when a property is available for rent so by the same token I would think when your property is available for rent you should be able to use this lost rent in the calculation. Another similar scenario is what happens if you have rent default from a tenant and have lost rental income. I would assume any insurance payment to cover lost rent would count but what about anything that is actually lost It is possible to have vacancies for up to 3 months and not lose any of your NANE I believe. If you combine this with a few month lost rent from a string of bad tenants on cheaper low rent property you could be getting close to losing 50% of expenses if you can use these add backs which seems completely unreasonable. Any thoughts?