• Employment termination payments

    Employment termination payments (ETPs) are specific payments made to your not-for-profit organisation's employee when they stop working for you. ETPs are subject to concessional tax treatment depending on the employee's age and length of employment.

    ETP obligations for not-for-profit organisations are the same as for businesses.

    See also:

    Taxation of termination payments

    Last modified: 20 Jul 2015QC 16970