Income Tax Pay As You Go Withholding Employment Termination Payment Type Code A code that identifies the reason for the Employment Termination Payment (ETP) being made. Valid values are: R = ETP made because of one of the following: early retirement scheme, genuine redundancy, invalidity, or compensation for personal injury, unfair dismissal, harassment, or discrimination. 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). 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. 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. D = Death benefit ETP paid to a dependant of the deceased. B = Death benefit ETP paid to a non-dependant of the deceased and a termination payment was made 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. Tax Collection 2