PPRuNe Forums - View Single Post - Joining Ryanair
Thread: Joining Ryanair
View Single Post
Old 20th Feb 2018, 07:52
  #323 (permalink)  
SMT Member
 
Join Date: May 2008
Location: Europe
Age: 45
Posts: 625
Received 0 Likes on 0 Posts
Originally Posted by INKJET
If you join as a cadet you’ll be into a service company which means that much of your living expenses can be deducted against income, so when you do start earning you’ll be paying little or no tax for some time to come, but be very careful to document everything that you spend and get receipts for everything. How long this will last going forward will likely depend on the country that you’ll be based in.
In other words, in the UK Ryanair has the taxpayer subsidising it's pilot training program. Luckily I don't live there, which means:

Originally Posted by INKJET
In many countries this type of service company will not pass the test of false self employment
SMT Member is offline