Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Employment termination payment (ETP) (https://www.askmehelpdesk.com/showthread.php?t=834459)

  • Sep 18, 2017, 05:56 PM
    Hareyaqma
    Employment termination payment (ETP)
    I have resigned from my work on 01/JUl/17.
    ETP was not applied to my final pay.
    Is this right ?
    Company payroll Dept said, it doesn't apply when you tender your resignation.
    Please advise.
    Thank you.
    Harry Hareyama
  • Sep 18, 2017, 07:03 PM
    talaniman
    You were NOT terminated, but resigned a totally voluntary action. Review your contract or company policy and procedure.
  • Sep 18, 2017, 07:07 PM
    joypulv
    You don't say what country. You don't even define 'employment termination payment.' I have never heard of it before.
    I don't know the laws of every country in the world.
    Find out what the law is where you are.

    In the US, an employer has to pay you for every day worked, even if you quit. But if ETP means anything beyond actual work, then why would you expect it when you quit?
  • Sep 18, 2017, 07:31 PM
    ma0641
    Not sure where you are but the term ETP is not common in the US. I see it for Australia and Canada. Here is one point noted.

    ETPs do not include either:

    • lump sum payments for unused annual or long service leave
  • Sep 18, 2017, 07:44 PM
    AtlantaTaxExpert
    The previous answers seem to make sense.

    I have NEVER encountered ETP in my tax business, so I have NO answer/
  • Sep 19, 2017, 04:29 AM
    smoothy
    I might venture a guess its similar to Severance pay in the USA, and if it is, you are not entitled to it if you quit. Only what you have earned up until that point.

    They have something similar to that in Italy only its called something different (due to obvious language differences) (trattamento di fine rapporto, TFR)
  • Sep 19, 2017, 08:30 AM
    AtlantaTaxExpert
    Agreed!

    If ETP is the equivalent to severance pay, then the OP is NOT entitled to it because he resigned.
  • Sep 19, 2017, 02:40 PM
    ma0641
    1. "trattamento di fine rapporto". I think I had that with a pesto sauce last time!!
  • Sep 19, 2017, 03:47 PM
    smoothy
    Quote:

    Originally Posted by ma0641 View Post
    1. "trattamento di fine rapporto". I think I had that with a pesto sauce last time!!

    Local Dialect where I spend my time has another name for it... but it literally won't translate well like ANY idiom. Actually impossible to do a direct translation of any idiom into another language... it ends up being jibberish. Learned that REAL quick when I moved there.

  • All times are GMT -7. The time now is 12:21 PM.