Lead balloon, There is no change to my operations compared to when I held an AOC.
601, Being self employed, the rate I charge myself out at would only apply if it was an opportunity cost eg time I could have spent charging myself out as an instructor or examiner, which it wasn't; that is limited by CAO 48 anyway; it was part of the general administration that is involved with running any small business, manuals need to be audited and updated regularly anyway.
Dick, our definitions of a fortune probably differ considerably; I have worked very hard for many years to become a comfortable, debt free working director with a fleet of aircraft, great lifestyle and a happy home, that's all I need.
Last edited by Clare Prop; 27th Aug 2018 at 14:54.