I have run some more numbers for your joy:
Evolution of average income per month (during each year) in an Spanish base under McGinley contract paying full SI in Spain (employee + employer) and taxes in Ireland. 800 hours per year are assumed
These are not real numbers, just my calculations and predictions and I am not an accountant. I though it would be a good idea to share my thoughs
Year| Company gross income| Accountable expenses|Net average income per month
1| 42.860,00 € | 20.000,00 € | 2.717,06 €
2| 52.900,00 € | 20.000,00 € | 3.178,39 €
3| 56.400,00 € | 2.000,00 € | 2.532,79 €
4| 70.400,00 € | 2.000,00 € | 3.001,03 €
5| 112.400,00 € | 2.000,00 € | 4.405,76 €
6| 112.400,00 € | 2.000,00 € | 4.405,76 €
During years 1 and 2 we have a significant ammount of expenses from the training period. The lowest income is during year 3 where the epenses are dry. At some point of year 4 a promotion to captain is expected and the income raises again and becomes stable from year 5 and on.
These numbers vary greatly from country to country.