PPRuNe Forums - View Single Post - Tax Relief on Bond Repayment?
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Old 4th Jan 2018, 09:30
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njd32
 
Join Date: Jan 2018
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I'm in a similar position where I had to take out a loan (with BBVA) to pay for the initial training bond and this was then taken over by my airline when I started employment. Outside the bond repayments themselves (which seem to be currently off limits for tax relief) I'm paying interest on this training loan and am also required to maintain insurance to cover the value of the loan itself as well. Does anyone know how these interest and insurance payments are treated with regard to tax relief please? Thanks
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