Employment Termination Payment (ETP)

An ETP is generally a lump sum payment made as a result of the termination of a person’s employment. It can be constituted by:

• Payments for unused sick leave or unused rostered days off
• Compensation for loss of job or wrongful dismissal
• An agreed golden handshake deal
• Certain payments made after death

The ETP is taxed in the year in which it is received. It can not be rolled over into your super.



Why Superannuation is the Most Tax Effective Investment

December 1, 2023

Your Guide to Financial Readjustment: Tips for Australian Expats Returning Home

November 13, 2023

Planning for Retirement at Different Life Stages: 20s, 30s, 40s, and Beyond

November 10, 2023

The Role of Superannuation in Your Retirement Planning

November 3, 2023