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Employment Termination Payments (ETP)

PAYG withholding on payments to employees made redundant
How to find information about the different payments you may make, and your pay as you go (PAYG) withholding and super obligations when an employee leaves. NAT 73010
Redundancy payments
Payments you receive for a genuine redundancy are tax-free up to a limit based on the number of years you had worked for that employer.
Schedule 11 - Tax table for employment termination payments
Tax table for payments made to an individual as an employment termination payment or a delayed termination payment.