|
Note |
You will need to set up or edit the termination pay for each termination pay type. |
The termination pay types are
|
Life benefit ETP | |
|
Code |
Description |
|
R |
ETP because of: early retirement scheme genuine redundancy invalidity compensation for personal injury unfair dismissal harassment discrimination. |
|
O |
Other ETP not described by R, for example, golden handshake, gratuity, payment in lieu of notice, payment for unused sick leave, payment for unused rostered days off. |
|
Multiple payments for same termination | |
|
Code |
Description |
|
S |
This is a code R payment. You made one of the following payments to your employee in a previous income year for the same termination: a code R payment a code O payment a transitional termination payment. |
|
P |
This is a code O payment and you made one of the following payments to your employee in a previous income year for the same termination: a code R payment a code O payment a transitional termination payment. |
|
Death benefit ETP | |
|
Code |
Description |
|
D |
Death benefit ETP paid to a dependant of the deceased. |
|
B |
Death benefit ETP paid to a non-dependant of the deceased. You made a termination payment to the non-dependant in a previous income year for the same termination. |
|
N |
Death benefit ETP paid to a non-dependant of the deceased. |
|
T |
Death benefit ETP paid to a trustee of the deceased estate. |