When an employment relationship comes to an end, it is not unusual for the employer and the employee to negotiate and enter into a separation agreement to put in writing the employee’s benefits, entitlements and post-employment obligations. It may be within the leaving employee’s expectation that most of the payments under the termination agreement (such as accrued salary, payment in lieu of notice and annual leave pay) would be subject to salaries tax, but is this really the case for all compensation/benefits received from the employer after termination of employment? READ MORE