Originally Posted by
ICEHOUSES
All Airline pilots operating on a Ltd company basis as disguised employment in the UK supplying only one customer are operating illegally and can expect a knock at the door by the Taxman.
Not necessarily there are plenty that simply tot up what they earned in the fiscal year, minus expenses and submit a self assessment and pay the taxman accordingly. Me being one of them.
For example for the year 2023-2024 I just submitted and paid my tax bill which was essentially half of what I earned. Sickening but keeps the taxman away from the door!