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Old 26th November 2023 | 06:29
  #175 (permalink)  
nickler
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Joined: Jan 2020
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From: Dubai, once... now London
Originally Posted by Ragneir
My very good salary is gross and it's up to me to deduct it correctly in my country, via my own established company for this exact purpose, that gives me very good tax rates if I do everything correctly.

It's not 100%, but I'm keeping close to 90%.

Also I'm not sure why you get age in the argument. Avion has captains of all ages and most of them are more than happy to keep this arrangement.

Maybe even if it's through an agency, we have more security than some flag carriers. Because while these so called airlines are trying to scrape the barrel with hilariously bad wages, there's a certain type of company that'll pick their slack, and it'll be happy to do it forever.
That type of company is Avion. I mean, it's not surprising that they doubled their fleet in 2 years, and are expecting another 15 aircraft in 2024, or is it?

​​​​​​Once again not defending avion in particular, I just find it amusing that people are bashing companies just for the sake of it.
I've witnessed more dangerous behaviours on flag carriers and low costs than I've ever witnessed in avion, at least until now.
The point is You shouldn’t be establishing your own company to be an airline pilot and pay taxes. You should have a regular employee contract. If someone then wishes to become an entrepreneur then by all means they can go ahead and start their own company/business but that shouldn’t be needed just to work a regular employee job. The above mentioned way of operating from those kind of airlines allows them to have much much lower fixed costs therefore getting loads of commissions from legacies and LCC for peak periods. All of this is also possibile thanks to a very flexible fiscal regime in some Eastern European countries.
I don’t know where you are from, but you probably started an LLC where you cash your salary. In order to keep 90% of you earnings in the majority of Central European countries you need a lot of imagination when filling up the tax declaration at the end of the year. Thrust me I tried it, and where I come from (if you want to be 100% clean) you’re ending up with 60% of your hard earned cash.
I have no doubts this gig suits you since you made your arrangements.
Point is if they played a different game, I.e. offer direct contracts, then I would be very curious to witness the same huge expansion.
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