Flat Rate Expenses Allowance?
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Join Date: Jan 2006
Location: Scotland
Age: 52
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Flat Rate Expenses Allowance?
As flying instructors could we be entitled to this £850 a year addition to our tax allowance or is it only airline pilots.
I am a 'uniformed commercial pilot' which is what the HMRC website seems to quote as the requirement, but it also clearly states 'Airline pilots".
http://www.hmrc.gov.uk/manuals/eimanual/eim50050.htm
Any help or advice would be greatly appreciated.
I am a 'uniformed commercial pilot' which is what the HMRC website seems to quote as the requirement, but it also clearly states 'Airline pilots".
http://www.hmrc.gov.uk/manuals/eimanual/eim50050.htm
Any help or advice would be greatly appreciated.
Join Date: Feb 2000
Location: UK
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Put the claim in. Most local offices don't really seem to kn ow what it refers to in detail, some even claiming in only applies to BA and Easyjet!
you still need to pay for medicals, flying equipment etc, so there is no reason you shouldn't get the allowance.
you still need to pay for medicals, flying equipment etc, so there is no reason you shouldn't get the allowance.
Join Date: Dec 1999
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If not then you should certainly be able to claim some expenses, a proportion of phone costs and buying a laptop (I have briefings and other training material on mine), cleaning costs for uniform, and the cost of flying equipment (maps, headsets etc.),your FI renewal can also be claimed for if you pay for this yourself. If you are self employed you can also claim for travelling, especially if you instruct from more than one airfield, this can add up to quite a bit.
Join Date: Feb 2002
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OK here is a questions. I have two jobs. My non Instructing job I pay PAYE tax.
Now last year I earn't £1900 from instructing part time. My expenses came to £1600 - IR renewal, medical, fees to CAA to remove restrictions, charts, etc.
My accountant said "you have made £300 profit, you have to pay tax on that profit". He didn't take into account I had also paid £120 NI contributions for being self employed. I mentioned the FREA but he just said "we've already claimed that". And then I had to pay him £100 for his work so really I only made £100! The whole thing didn't seem right to me but I maybe wrong?
Thoughts?
Now last year I earn't £1900 from instructing part time. My expenses came to £1600 - IR renewal, medical, fees to CAA to remove restrictions, charts, etc.
My accountant said "you have made £300 profit, you have to pay tax on that profit". He didn't take into account I had also paid £120 NI contributions for being self employed. I mentioned the FREA but he just said "we've already claimed that". And then I had to pay him £100 for his work so really I only made £100! The whole thing didn't seem right to me but I maybe wrong?
Thoughts?
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Join Date: Jan 2006
Location: Scotland
Age: 52
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Got It.
After a bit of a mess about by HM Revenue & Customs, i got a phone call out of the blue asking if my employer made any contributions towards the things that the allowance pays for. A quick 'No' was all it took for the nice gentleman to allow me another £850 a year tax free (about £15 a month in my hand).
