I have been working for a small business (with under 15 staff) for over 5 years now. My company decided to pay me a retrenchment package of 10weeks in Aug-16. As the smaller size of it, the company is not required to pay me but it is willing to do that. Just wondering if the payment is qualified as an ETP (Employment Termination Payment)? So that the tax on the payment will be calculated accordingly. Thanks for your help.