Payments that are ETPs

Use the table below to work out which payments to include in the employee's ETP.

Last updated 9 November 2023

Payments to include in employee's ETP
Payments included in ETPs	Payments not included in ETPs
A gratuity or golden handshake	Accrued leave payments for unused annual leave and long service leave
Genuine redundancy or early retirement scheme payments above the tax-free limit	Genuine redundancy or early retirement scheme payments up to the tax-free limit
Severance pay	Salary, wages, allowances, bonuses and incentives owing to the employee for work done or leave already taken
Non-genuine redundancy payments	Super benefits (for example, a lump sum or income stream from a super fund)
Payments in lieu of notice of termination	Foreign termination payments
Unused rostered days off (RDOs)	Certain payments for restraint of trade
Unused sick leave	Certain payments for personal injury if the employee is compensated for their inability to be employed
Compensation for loss of job	Employee share scheme payments
Compensation for wrongful dismissal, as long as it is paid within 12 months of the actual termination of employment	An advance or loan
Payments for loss of future super payments	n/a
Payments arising from an employee's termination because of ill health (invalidity), other than compensation for personal injury	n/a
Lump sum payments paid on the death of an employee	n/a

QC26218