PPRuNe Forums - View Single Post - Insurance: Life, Loss of Licence, Sickness etc (NOT hull insurance)
Old 23rd Feb 2006, 18:57
  #144 (permalink)  
bondu
 
Join Date: Dec 2003
Location: Scotland
Posts: 261
Likes: 0
Received 0 Likes on 0 Posts
Tax status of LoL

I understand that in the recent Bristow pay round, the revised LoL provision was changed to tax free status, by a simple change of the wording. BHL captains are now eligible to receive £125,000 tax free, with co-pilots on £85,000. And the company have agreed to pay any tax liability, should Gordon try to get his sticky paws on any of it!

bondu
bondu is offline