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Search: Posts Made By: FlimsyFan
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Forum: Rotorheads
10th Aug 2016, 07:31
Replies: 16
Views: 3,418
Posted By FlimsyFan

Board meeting

MD Driver,

we do pre-approval by board, and pre-payment for private use. Per pre-clearance, we ought to be on safe ground.

It doesn't help, however, if the aircraft is hangared in the grounds...
Forum: Rotorheads
8th Aug 2016, 14:28
Replies: 16
Views: 3,418
Posted By FlimsyFan

BIK and depreciation

Afternoon,

Depreciation on our R66 - 12 year straight line.

BIK - as I am a shareholder / director / rated pilot, I was very concerned about the BIK, as 20% per annum of 880k (purchase price...
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