I have an old BRK contract,
Good and bad points and they have been made many times
I love the fact I am in control of it, I sit down with my accountant once a year, same guy I have been with for 10 years now as self employed and I give him my earnings, my expenses, we fill in the standard self employed UK tax form sent it off and wait for the bill, its great.
Bad points are days off sick and swaps for attending things are like ripping money right out my pocket, 2 days off for a wedding is €600-€1200 out my earnings plus the money for the event, no retirement fund building up, and no job security, o yea and everyone on here thinks I (BRK guys) are the Devils spawn and we deserve to go straight to Hell!
On the whole though I am more than happy with my contract, but I don't plan 30 years in Flying, I hope to be done in 2-3 year on the line and maybe pull a part time flying gig on a king air or something, 10-15 hours a month would suit, the thought of 900 a year watching the DME tick down scares me more than the Inland revenue, New BRK contracts & Spanish ATC all put together!
Happy Flying guys