What I mean about tax offset is not just about the payment from the airline. I am wondering whether there's a legit way to reduce your overall tax liability in light of the total debt undertaken. I am curious enough to talk to an accountant about it, so watch this space, but I suspect it may be complex and involve setting oneself up as a business, but I am just shooting from the hip here.
If any smart cookies out there know about this and can provide input, please feel free.