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Old 28th Apr 2017, 09:31
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Bradical
 
Join Date: Jan 2017
Location: The Hague
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Type rating cost

Hey guys,
Just to clarify something to ease the hurt. The type rating cost is a major ball ache, however the cost is claimed as an expense that reduces your taxes. Since you're a self employed contract pilot you'll be claiming your costs with your accountants which shaves down your gross earnings in the taxmans eye. You pay very little tax (just some social income tax) until these deductibles have been used up.
So essentially you're getting your money back.
Good luck

My explanation may not be entirely accurate, but you get the gist of it.
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