PPRuNe Forums - View Single Post - FTE Flybe/MPL 2010
View Single Post
Old 2nd Mar 2010, 14:55
  #31 (permalink)  
Groundloop
 
Join Date: Aug 1998
Location: London, UK
Posts: 1,995
Likes: 0
Received 2 Likes on 2 Posts
The money is paid back after income tax.
Are you sure!

will receive an additional sponsorship from Flybe of GBP £19,800.00, repayable out of salary over the first five years of employment.
This usually means you get a reduced salary which equates to paying the loan before tax ie you are not taxed on the amount of the loan repayment.
Groundloop is offline