Common tax terms -- Superannuation & other termination payments -- Rolling over your eligible termination payment -- Early retirement, redundancy and invalidity payments -- Annual leave and long service leave payments -- How to calculate your lump sum rebate -- Need more help? -- Australian Taxation Office addresses and telephone numbers -- Insurance and Superannuation Commission addresses and telephone numbers
Summary
This book has been prepared to help you understand the tax treatment of each kind of termination payment. In this booklet, you will also find a list of common tax terms and their meaning. This book tells you how you are taxed on payments received when you retire or resign from a job. It describes how to roll over or defer the tax on any eligible termination payment (ETP) received when you leave work
