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Old 3rd December 2009 | 12:28
  #23 (permalink)  
Hasdrubal
 
Joined: May 2009
Posts: 35
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From: China
Leo, Leo, Leo,

The BRK solution is not a pan european solution. Its an Irish solution. If a dutch pilot pays 3% over to McNammara or one of the other accountants they will look after his Irish tax return only.

He still has to prepare and file a return in Holland which McNamara will conveniently point out that they are not in a position to do.

So the pilot will have to fork out more cash to someone in his home country to file a return.

BRK's motivation is not to look after the contractors. It started out as a reaction to getting their balls busted by the tax office and then they spotted a opportunity to raise even more money out of their pilots by charging them to do a tax return for them.

Think about it. If there are 900 FR contractors going through BRK, lets give them an average salary of €80k per annum. Even if BRK are only getting half of the 3% back from the accountants then it is worth €1.08million a year. That's an extra million euro in income from the pilots.

What a touch. You got to take your hat off to them. With the rest of the industry in the toilet and his paymasters facing tough times DD at BRK manages to screw the pilots by lowering their rates, then he screws them for at least another €1,200 by making them use a accountant buddy of his to sort out their taxes which takes him out of a hole with the taxman.

Take a bow Mr Dooney
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