PPRuNe Forums - View Single Post - Tax Relief on Bond Repayment?
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Old 3rd May 2007, 02:53
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FL245
 
Join Date: Mar 1999
Location: Asia
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As soon as pilots stop funding their own training this will stop.
The signing of a standard training bond is not considered funding your own training, so how on earth would ceasing self sponsored schemed change the tax position?

It is true companies get relief on training and hence we are unable to claim back tax if a bond is broken early and partly repaid, but there is no link to self sponsorship.

Dan are you KA or CX?
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