Self-employed with Ryanair
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Join Date: Nov 2008
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don't rise to his bait.....
Anyway i'm thinking ltd company is the way to go, a bit more personal admin to take care of but take home ~80% of gross rather than 70%
Anyway i'm thinking ltd company is the way to go, a bit more personal admin to take care of but take home ~80% of gross rather than 70%
Join Date: Mar 2007
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Well there is no getting away from that alright ! The vast majority are scaldy pikeys,all i can say is im glad i can hide in the cockpit and well done cabin crew , i know i wouldnt have the patience.
Back on topic - to be honest i found setting up a business to be an attractive method until the various accountant fees and vat charges became clear.I just thought that the fees were not justified given my salary and given the service provided,ie info about what you can claim for.Self assessment is more economical for me,maybe a captain would find more benefit from setting up a ltd
Back on topic - to be honest i found setting up a business to be an attractive method until the various accountant fees and vat charges became clear.I just thought that the fees were not justified given my salary and given the service provided,ie info about what you can claim for.Self assessment is more economical for me,maybe a captain would find more benefit from setting up a ltd
Join Date: Mar 2008
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I don't think Ryanair pilots enjoy getting shafted. I think at the moment, most of them are just happy to have a job. Most would probably move if they could, but alas, tough times.
Join Date: Jul 2008
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Adverse-lump,
You are quite amusing with your tirade of hate for people who do a very similar Job as yourself, I suspect you were probably turned down by Ryanair at some point, and now you are flying your Q300 or similar? Earning your 1500 net. Just think, if you had spent that 30K on a TR, you might have been earning 4000 net. Hmmm thats one year of saving if you live under the same conditions as you currently do. The next X years it takes for you to get into a 320, 737 or similar will see you somewhat short of the other guy who did a more complete assessment of the situation and has not only paid off his/her loan, but has cleared the mortgage and is now working from the RHS of a 744 for the likes of Cathay, or a 777 or Bus for Emirates...
If you are a nice person you will stop writing the silly childish nonsense and stick to the more helpful and insightful information you know that you are capable of.
Cheers
You are quite amusing with your tirade of hate for people who do a very similar Job as yourself, I suspect you were probably turned down by Ryanair at some point, and now you are flying your Q300 or similar? Earning your 1500 net. Just think, if you had spent that 30K on a TR, you might have been earning 4000 net. Hmmm thats one year of saving if you live under the same conditions as you currently do. The next X years it takes for you to get into a 320, 737 or similar will see you somewhat short of the other guy who did a more complete assessment of the situation and has not only paid off his/her loan, but has cleared the mortgage and is now working from the RHS of a 744 for the likes of Cathay, or a 777 or Bus for Emirates...
If you are a nice person you will stop writing the silly childish nonsense and stick to the more helpful and insightful information you know that you are capable of.
Cheers
Join Date: Oct 2007
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if you go VAT Ltd, you can pay yourself minimum wage @ 5.80 per hr or whatever it is, whilst paying your self out a (pre-tax) dividend accounted for in the PL statement.
Just a tought.
Just a tought.
Join Date: Mar 2005
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g1344304,
Thats why the IR35 legislation applies because effectively if Brookfield were not involved you would be a Ryanair employee.
Alternatively you could give ground instruction for the PPL or set up a mail order shop.
Nick
Thats why the IR35 legislation applies because effectively if Brookfield were not involved you would be a Ryanair employee.
Alternatively you could give ground instruction for the PPL or set up a mail order shop.
Nick
