Tax relief
Thread Starter
Join Date: May 2004
Location: Dorset
Posts: 9
Likes: 0
Received 0 Likes
on
0 Posts
Tax relief
Some time ago it was rumoured that some form of tax relief was given for students taking a JAR-Frozen ATPL Integrated course.
Does anybody know anything about it?
I believe some ex-Excel F/Os may know.
Thanks.
Does anybody know anything about it?
I believe some ex-Excel F/Os may know.
Thanks.
Hovering AND talking
Join Date: Feb 2003
Location: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
Age: 59
Posts: 5,705
Likes: 0
Received 0 Likes
on
0 Posts
The last time that tax relief was available for flying training, Norman Tebbitt was in the Government. 
Cheers
Whirls
Cheers
Whirls
Join Date: Mar 2008
Location: Southampton
Age: 60
Posts: 198
Likes: 0
Received 0 Likes
on
0 Posts
You used to be able to get all the VAT back by classing it as an NVQ subject, but that was quite a while ago and the government spotted it.
Don't know but is there any benefit in registering yourself as a business and then putting down training against tax ?
Don't know but is there any benefit in registering yourself as a business and then putting down training against tax ?
Hovering AND talking
Join Date: Feb 2003
Location: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
Age: 59
Posts: 5,705
Likes: 0
Received 0 Likes
on
0 Posts
If you mean registering for VAT, then yes and you can claim the VAT back on training but ONLY IF you become self-employed freelance afterwards. If you become an airline employee, then you'd have to pay it back.
As for claiming income tax back, again, not if you're an employee. And I can't imagine any airlines taking on 200 hour freelancers.
Cheers
Whirls
As for claiming income tax back, again, not if you're an employee. And I can't imagine any airlines taking on 200 hour freelancers.
Cheers
Whirls
Hovering AND talking
Join Date: Feb 2003
Location: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
Age: 59
Posts: 5,705
Likes: 0
Received 0 Likes
on
0 Posts
I doubt it. It depends on the contract and without getting either a lawyer or an accountant to go through them, it's hard to say. But, in my experience as an accountant, highly unlikely. Flexicrew is unlikely to fulfill the six badges of trade.
Cheers
Whirls
Cheers
Whirls
Join Date: May 2005
Location: Abroad
Posts: 1,172
Likes: 0
Received 0 Likes
on
0 Posts
I can't imagine any airlines taking on 200 hour freelancers.
I believe in most of Europe (or at least in three countries I can think of) pilot training is VAT free. In addition, in at least one, a full ATPL is recognised as degree level education and entitles one to a university diploma (but this might change as and when EASA takes over)
Join Date: Nov 2004
Location: uk
Posts: 1,224
Likes: 0
Received 0 Likes
on
0 Posts
A brookfield contract with ryanair is considered a contract pilot or freelance pilot.
Remember if your folks give you the cash to fund flying training and they die withinin 7 years of the donation you will also have to pay inheritance tax at up to 40%, 40% of 80-90k is a lot of cash to owe Mr Darling.
Remember if your folks give you the cash to fund flying training and they die withinin 7 years of the donation you will also have to pay inheritance tax at up to 40%, 40% of 80-90k is a lot of cash to owe Mr Darling.
Hovering AND talking
Join Date: Feb 2003
Location: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
Age: 59
Posts: 5,705
Likes: 0
Received 0 Likes
on
0 Posts
If you believe that you be self-employed and reclaim VAT and income tax (UK ), then why not employ an accountant and give it go? 
But in my experience, you won't get far. It took me four years to train and to explain the ins and out of self-employment and the badges of trade would mean I would be writing a thesis. You could visit an accountant's office, pay for advice pertinent to your own situation and plans and see what they say.
I cannot advise on Ryanair as I have never seen or read their employment contracts. But presumably if you have one of their freelance contracts, you are free to work for other people as well?
Cheers
Whirls
But in my experience, you won't get far. It took me four years to train and to explain the ins and out of self-employment and the badges of trade would mean I would be writing a thesis. You could visit an accountant's office, pay for advice pertinent to your own situation and plans and see what they say.
I cannot advise on Ryanair as I have never seen or read their employment contracts. But presumably if you have one of their freelance contracts, you are free to work for other people as well?
Cheers
Whirls
