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Leaving your job

Find out about payments made to you when you leave your job, including redundancy and employment termination payments.

Employment termination payments for employees

Find out why you may receive an employment termination payment (ETP), how it is taxed and which amounts to report.

Your ETP end of year statement and your tax return

What to do when you receive your income statement or payment summary for your employment termination payment (ETP).

How ETP components are taxed

Find out how tax applies to the components of your employment termination payment (ETP).

Genuine redundancy payments

Certain redundancy payments are tax-free up to a limit depending on your years of service with that employer.

Death benefit employment termination payments

A payment you receive from a person's employer after their death is a death benefit employment termination payment.

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