Ryairair 737 Type Cost

[zerotohero]

Could any new starter cadets please PM me or post what the actual cost of the Type Rating is these days.

Many Thanks.

[TheGlide]

32,750 euros -19perc VAT which you get back so 27,500 euros

[tarasky]

19% of 32,750 = 6,222.50

32,750 - 6222.50 = 26, 527.50
:confused:

[stefair]

When do you get it back? And how? At once? Over the course of a year?

[d5nny]

Heh chaps it is 33k euro at present. I looked into obtaining the vat after I completed the course with a specialist tax accountant. There are so many hoops to jump through and in the be and end all you wont get the vat back.
Ryanair would of course tell you how to do it if you could.

What everybody says, with them being an average company, well I earn excellent money £60k equiv as an FO, £100k Equiv as a cpt, now with great benefits (holidays,pension,etc) and paying for the type is the best thing I ever did.£60k as an FO is more pay than Captains get in feeder airlines (Flybe, Eastern, Bmi regional)etc.

All airlines ask for a type rating payment these days apart from the usual BA, Virgin etc but lets face the facts you aren't going to be employed by those airlines with no experience.

Unfortunately bite the bullet pay for the type and get a jet type rating in the age where there are no jobs in the industry going round. Trust me its worth it!!!

[ford cortina]

You get money back off the government. Let me know where and when, I could do with some:ok::ok::ok::ok:

[TheBeak]

You aren't taking 19% of 32750 though are you. The 32750 includes the 19%.

(32750 divided by 119)x100 = 27521

[zerotohero]

Thanks for that guys

the VAT I am not sure the formula for 19% but 17% you used to take the total figure and divide by 47 then X by 7 and that gave you the VAT ammount

32750 Divide by 47X7 = 4877

so 32750 - 4877 = 27873 so the above figures are about right

just getting it back could be like trying to find rocking horse S&&t

[EK4457]

Basic Maths guys;

19% of the TR amount, plus that TR amount, equals 32750

or as an equation,

0.19R + R = 32750

1.19R = 32,750

R = 27,521

where R = Rip off TR cost without tax which makes MOL laugh all the way to the bank.

Or, in other words, the tax is 5229.

More chance of a free RYR tea bag than getting that back.

EK

[TheBeak]

Exactly EK4457, just as I did. And it really is basic, pre GCSE level maths.

The real cost? Possibly your parents homes when combined with the rest of your debt.:E

Sorry I couldn't resist, have your thread back and enjoy your TRs.:ok:

[TheBeak]

Nope, too good an opportunity! Anyway I am done, carry on!

[ballyboley]

There's nothing complicated about getting the Netherlands VAT back, can't speak for the Oxford type rating but CAE gave us the info to do it, from there it was a matter of filling in some online forms, getting the Dutch VAT number and sending off the CAE invoice to them. 6 months later I got the full VAT amount on the CAE invoice, my accomodation invoices and some of my petrol receipts back in full to my bank account. I didn't even use my accountant to do it. Its a fair chunk of money that I'd rather not see the Dutch government have, so its well worth doing.

[Chocks_Away]

Chaps, it is quite possible to get the VAT back. I completed my Type course at CAE and have successfully received my VAT. It can be very frustrating with all the correspondence from the Dutch authorities in Dutch, but worth it.

Please feel free to contact me if you require assistance as I have helped several other people to do so.

C_A

[Tom!]

The tax regulations have now changed in the Netherlands, and on the condition CAE has a VAT number from you, it is no longer essential for you to pay the 19% tax for your type-rating course in advance (previously tax has needed to be paid, and then claimed back).

[lpokijuhyt]

Basic Maths guys;

19% of the TR amount, plus that TR amount, equals 32750

OK. that explains my error. I was told by Oxford to apply the formula:

http://upload.wikimedia.org/math/3/e/a/3ea647783b5121989cd87ca3bb558916.png

[L0wFly3r]

As if i haven't seen that equation before. :8

[AI101]

Is there a time limit for claiming back the VAT I did mine back in 2005.

[zakka]

All airlines ask for a type rating payment these days apart from the usual BA, Virgin etc but lets face the facts you aren't going to be employed by those airlines with no experience.

Unfortunately bite the bullet pay for the type and get a jet type rating in the age where there are no jobs in the industry going round. Trust me its worth it!!!

What a load of bull****