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Old 19th January 2009 | 21:57
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portsharbourflyer
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Joined: Dec 2004
: ATPL
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From: From the Hills
Jimbosjet, as long as you start working as a self employed contract pilot after completing the rating then you would be able to write off the expense of the rating against tax.

If you were subsequently employed by an airline (as a permanent employee) with that rating then you would not be able to claim any tax relief.

Mike, my aplogises when the subject of tax relief is mentioned I do tend to always assume people are referring to Ltd companies, but as you have stated soul trader is another method by which you can be self employed. However HMRC are less concerned about soul traders because as you stated you still paying tax via PAYE at normal rates.

Last edited by portsharbourflyer; 19th January 2009 at 22:45.
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