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-   The Pacific: General Aviation & Questions (https://www.pprune.org/pacific-general-aviation-questions-91/)
-   -   VB/J* Pilots :.. Are Endorsements Tax Deductable? (https://www.pprune.org/pacific-general-aviation-questions/158647-vbulletin-j-pilots-endorsements-tax-deductable.html)

Icarus2001 20th Jan 2005 02:54


Currently they are paying for the endorsement up front and that cost is deducted from your pay over three years before tax
Huh?:confused:

Chimbu chuckles 20th Jan 2005 07:19

Jetstar are paying for the endorsement up front (and if you pass the final check you are offered employment)...you then pay for the endo over the next three years via a pre tax salary sacrifice system...clear enough?:ok:

I personnally think this is a vast improvement and a huge step back in the right direction...it will be interesting to see if VB follow suite.

4dogs 20th Jan 2005 13:32

Chuckles,

And who pays if you do not pass the final check?

Stay Alive,

Chimbu chuckles 20th Jan 2005 14:00

Interesting hey?

Might be a bit of a tie...you don't pay but you don't get type rating either.

Icarus2001 21st Jan 2005 02:36

Thanks. Got it. I didn't know which "they" you were referring to.

Don't VB reimburse pilots for the endorsement cost over a year or so. The cost is paid up front by the candidate then final sim check leads to an offer of full time employmet.

Yes the Jetstar system seems a BIG improvement from many viewpoints, not the least being the tax benefit.

Why is a A320 endorsement so much more than an B737 endorsement?

Chimbu chuckles 21st Jan 2005 04:48

I think the main difference is that, in the VB case, the tax man gets a big cut of the reimbursement...whereas with Jet* you pay via salary sacrifice (before tax) so save heaps on the endo.

As to why the price difference between sim types I have no idea.


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