PPRuNe Forums - View Single Post - Owning a light aircraft - costs involved
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Old 22nd Jan 2006, 16:18
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kenparry
 
Join Date: Feb 2003
Location: Brighton
Posts: 977
Received 6 Likes on 6 Posts
Sole ownership is a very expensive way to go, and I suggest would only make sense if you are going to fly a great deal, maybe 100 hr/year or more.

Have you considered joining a syndicate? It reduces costs per person and, if the group is not too large, the scheduling clashes are minimal. Lots of ads in the back of various light aviation magazines.

Beware of going the Limited Company route: the UK taxman will hit you for tax on "received benefits" or some such. I'm not an expert on this, you would need an accountant's advice.
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