Pilot FRE Tax Break UK HMRC
This might not be the right place to post? Apologies if not.
I currently claim the tax break under the HMRC FRE which gives me an extra £1022 per year before paying tax to cover expenses incurred in the job.
I have heard from a number of pilots that when your Gross pay goes over £100k this is removed. However I can't find any reference to this on HMRC's website or here or any google search? I also can't understand why it would be removed as those costs would still be there.
Is this just an old pilots tale that has gathered momentum or is there truth in this? My further understanding (from other pilots) is that if you take any amount over your £99,999.99 gross and throw it straight into your pension then you keep the FRE amount as your under the £100k mark still. However again I find nothing supporting any of this on HMRC's website.
Anyone any real info on this that can be backed up with a link to HMRC etc?