PPRuNe Forums - View Single Post - Claim back tax and expenses for type rating?
Old 11th March 2015 | 20:55
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portsharbourflyer
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Joined: Dec 2004
: ATPL
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From: From the Hills
Irish777, do you understand anything about IR35 compliance?

Suggest you look up the dragonfly case (99k bill for the individual involved), to see what happens if you fail an IR35 investigation.

It is very easy anyone to register a limited company, doesn't mean you are compliant with tax law just because you declare yourself self employed.

I would also like to point out if you are not deemed IR35 compliant it isn't your accountants that will get done, it is you personally.

Most get away with it because it is near impossible for HMRC to fully audit all those offering services through ltd companies. However when they do catch up with people the consequences can be quite drastic.

A lot of Ryanair pilots have got away with it because they are under Republic of Ireland tax laws not UK tax laws.

For £350 per annum you wont get IR 35 compliancy advice, neither will get the legal cover you will need should you get audited.

Last edited by portsharbourflyer; 11th March 2015 at 21:17.
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