PPRuNe Forums - View Single Post - Can you reclaim the VAT and/or tax on training costs?
Old 29th Apr 2005, 13:45
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helicopter-redeye

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My own view is that if I pay a decent slug to the company for private flying, I can argue that there is no benefit in kind
We are talking taxman and VATman here, thus (as the saying goes), assume nothing ....

Careful tax planning also reqd, once the money has been paid, if the m. Le Inspecteur subsequently admits overzealous collection, they keep the money anyway and apply the new ruling from the date of the new decision.

There is a tax man out there who failed to understand we hired out helicopters and so we paid too much tax (where do they GET these people....)

h-r
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