An Eligible Termination Payment (ETP) is any lump sum payment made to an individual by an employer or from a superannuation fund when you leave that employer.
This includes super and any other payments that may be owing to you (e.g. Long service leave, annual leave etc).
There are several different components that make up your ETP:
- Undeducted Contributions
- Non-qualifying component
- Excessive RBL component
- Pre-July 1983 Component
- Post-June 1983 Component
- Post-June 1994 Invalidity Component
- Concessional Component
- Capital Gains Tax
Book your Free Consultation online today using our simple online Enquiry Form, for more information on Termination Payments, or any of our financial services.
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