Nice post Puzzler.
Hello guys, Having read this thread from start to (current) finish it really is very informative. Regarding the questions of tax breaks I ask this question as a wannabe that has just finished ATPL training. Could an airline that decides to take on a student who has finished their training in effect take on their debt too ? feel free to shoot through my logic here...
My thinking here is
1. Airline takes students debt
2. Airline now has a £40-60K cost they can offset profits against.
3. Airline deduct loan repayments from students salary pretax.
outcome being student is repaying loan before tax instead of after (as per the Jet2 type rating) and the employer gets a nice cost to offset the profits on the books reducing corp tax ?
or have I missed something ?
FS