ETP Reason Codes for Termination Pays in STP

Modified on Thu, 19 Feb at 4:24 AM

Summary

Below is a list of the available ETP Reason Codes and explanations of each.

Code	Description
B	Death benefit ETP paid to a non-dependent of the deceased and a termination payment was made to the non-dependent in a previous income year for the same termination
D	Death benefit ETP paid to a dependent of the deceased
N	Death benefit ETP paid to a non-dependent of the deceased
O	Other ETP not described by R (for example: golden handshake, gratuity, payment in lieu of notice, payment for unused sick leave, or payment for unused rostered days off)
P	ETP code O payment received in the current year and received another ETP (code R or code O), or a transitional termination payment, in an earlier income year for the same termination of employment
R	Early retirement scheme, genuine redundancy, invalidity, or compensation for personal injury, unfair dismissal, harassment, or discrimination
S	ETP code R payment received in the current year and received another ETP (code R or code O), or a transitional termination payment, in an earlier income year for the same termination of employment
T	Death benefit ETP paid to a trustee of the deceased estate

Considerations

If you are unsure of which ETP Reason code to use on a Termination Pay please contact the Australian Tax Office https://www.ato.gov.au/ as Synergetic are unable to advise which code to use.