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Ryanair Cadets - Contract info - (Please dont merge with 'Ryanair' Thread)

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Old 11th Apr 2009, 16:44
  #121 (permalink)  
 
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Just looked up CXE and:

What is the cost?
Our fee is 5% of your invoice value capped to the maximum of €300 a month.
so roughly 2000+ EUR a year

Easy money for them
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Old 11th Apr 2009, 17:48
  #122 (permalink)  
 
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Whatever you do, don't go paying anyone 2000Eur to do your accounts! There isn't much to be done and if you do alot of the work yourself like keep good excel sheet logs of your expenses and receipts, you should be paying more like 600 a year.
What others have said is correct, any accountant can look after you - just because its aviation, its nothing that out of the ordinary. In the UK I think Self Employed is the easiest option by far and much cheaper/simpler.
Just get a decent accountant that's good at making your "company" keep making losses and you're sorted!
For what it's worth myself and a few others were recommended McNamera & Associates and found them to be very difficult to get in touch with - maybe OK if you live in Dublin but I use someone local to me.
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Old 11th Apr 2009, 18:12
  #123 (permalink)  
 
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what I personally don't understand is if we are obligated to chose btw to accountancy firm provided in FAQ of contract to establish an Irish LTD or not.

For instance, I am Italian, can I chose an Italian accountant to look fwd my tax??
I really cant understand this particular part because Faq clearly states that we're obliged to set up our taxation arrangements in Ireland, and we just need to contact accountancy firm provided in FAQ as said before....
I personally would rather prefer to be a self employed in italy with my italian accountant and pay tax here as still reside in italy (travelling to and from home-base to take service with ryr)


THX everybody!


Max
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Old 11th Apr 2009, 21:00
  #124 (permalink)  
 
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I have been quoted 3%,

It clearly states that we must hold our accounts with either of the three companys stated, otherwise brookfield will not deal with us.

It means that we do loose a bit of our wage but it seems we have no choice.

Nick
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Old 11th Apr 2009, 21:42
  #125 (permalink)  
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There is a choice.... don't sign a contract that forces you to part with €2k per annum.
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Old 11th Apr 2009, 21:51
  #126 (permalink)  
 
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Ok,

nice idea but then we are stuck without jobs, again

Nick
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Old 12th Apr 2009, 00:30
  #127 (permalink)  
 
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I cant believe they are now forcing the accountant arrangements, probably with some sort of a kickback from said accountants! The deal was bad enough before but this is just becoming a joke. The whole system is right on the edge of falling foul of IR34 legislation in the UK anyway and I really can't see how they can force you down this route as well - stand up for yourself as SD says, dont just blindly sign the thing - so long as people keep agreeing to these lower conditions, things are only going to get worse for all of us *sigh*
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Old 14th Apr 2009, 10:12
  #128 (permalink)  
 
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Anyone heard from the april guys to see how they got on with the Indoc week at EMA last week? Be interested to hear about it.

McNamara accounting - isnt there an exec at RYR called McNamara?

Leap
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