Whirly,
In past threads we have already discussed this issue.
However when I refer to initial training I mean up to CPL/IR fATPL level. The problem lies that to be self employed or to work as a contract pilot in the fixed wing world you would probably need at least 500 hours on type with respect to airline work. A freelance air taxi pilot is going to need 700 tt hours plus 40 p1 multi. My personal view is that a restricted instructor needs to be supervised therefore they cannot truly be self employed (Whirly I know you disagree with this viewpoint but as said this has been discussed to death previoulsy).
So the problem in the fixed wing world is you cannot after training have the experience needed for freelance work.
Ryanair cadet/sstr pilots subsequently working through the Brookfields contracts are in terms of the UK IR35 rules "disguised employees", however one can only assume the Southern Irish government isn't that concerned about this issue. The UK government has been having a real clampdown on this in previous years.
FANS, I would suggest you do more research into this than the posts on this forum, trying to use limited companies to obtain tax benefits that you would not otherwise be entitled to can lead to you having to payback any incorrectly claimed tax at a later date (weather VAT or relief against income) and may even be deemed financial fraud.
Last edited by portsharbourflyer; 5th October 2008 at 20:37.