Termination of employment

By Tolley in association with Hogan Lovells

The following Employment Tax guidance note by Tolley in association with Hogan Lovells provides comprehensive and up to date tax information covering:

  • Termination of employment
  • Expiry of a contract
  • Resignation
  • Mutual agreement or mutual consent
  • Operation of law ― frustration
  • Effective date of termination

All case references in this guidance note are subscription sensitive.

Termination occurs every time a contract comes to an end. While dismissal may be the most common and the most important in terms of employee rights and employer obligations, there may be other reasons for termination.

The types of termination are:

  • expiry of a limited or fixed term contract
  • resignation by the employee (with or without notice)
  • mutual agreement
  • operation of law / frustration
  • dismissal by the employer (with or without notice)
Expiry of a contract

A contract and employment under that contract will terminate when a period specified in a fixed term contract comes to an end or where an event specified in a limited-term contract occurs.

More on Dismissal: