Flying Pay- Tax deductable?
I'm no tax expert and I'm being forced to submit a Self Assessment form to decide how much of my child benefit I have to pay back, if I want to keep any of it under the latest Omnishambles.
Anyhow, does anyone out there know if since Flying Pay is an 'allowance' it is tax deductable?
A senior Flt Lt on any band of flying pay will be in the bracket where child benefit has to be repaid. Without flying pay one would be below the threshold.
(don't waste your time if you just want to make sarcastic comments about flying pay, we've been there enough, thanks)
Ray