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Old 11th Apr 2009, 06:06
  #175 (permalink)  
craka
 
Join Date: Nov 2003
Location: New Zealand
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Here is what ive worked out......

$65k before tax is $5416 per month

flying 85 hours a month will earn you an extra $1200 per month before tax

Total of $6616 per month before tax.

After tax this will leave you with $4357.75 per month. (IRD website M SL tax code) $4860.30 without a S/L

The type rating will cost $35,000AUD which is $43,189 NZD salary sacrifice over three years is $1,199 per month deductions from your monthly pay cheque.

There will probably be tax-free allowances that may make this more attractive - anyone know??

This leaves us with $3,158 - $3,661 per month ($790 - $915 per week depending on you S/L status)
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