Part 5Employment income: deductions allowed from earnings
Chapter 2Deductions for employee’s expenses
Employee liabilities and indemnity insurance
347Payments made after leaving the employment
(1)
A deduction for a payment is not allowed under section 346 if—
(a)
the employee has ceased to hold the employment, and
(b)
the payment is made after the day on which the employee ceased to hold the employment.
(2)
If subsection (1) applies, see section 555 (former employee entitled to deduction F1in calculating net income).