Mil to Civvy Pilot Tax-Hacks!!
Hello all, I've done a quick search without much luck, especially current info! Thought this may benefit either those leaving the Service or just having a change of circumstance in the near future...
I'm transitioning from Mil flying career at pension point to a Civvy airline. This years tax return will be rather complicated! What with the potential for 2 lots of pay for a short time only obviously (and all above board), a lump-sum (albeit tax free) and a pension kicking in. I was wondering if anyone had any useful advice, experiences, contacts (accountants etc) that could be useful?
I'm thinking that a couple of hundred quid thrown at an accountant may actually be worthwhile as I'd hope with such a complicated financial year they'd at least save me their fee's-worth in tax?
Any advice, info or banter will be greatly received.