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RyanAir or NetJets Europe

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Old 28th Jan 2008, 07:57
  #21 (permalink)  
 
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Any ideas how much a NetJet FO would take home in the UK.
I'm still a touch confused about the tax situation.

As I read it IF you live in the UK you pay UK tax and NI? Or do you also have to pay portuguese tax and then sort it all out at year end?

I note that the salary is in euros. Do you get paid in euros or is it converted to sterling? if so is it different every month, or do you sign your contract at a particular exchange rate?

I agree with what you say about the job - i have a few friends in the BJ world and they love it, they all say the same as above - you can't get a more varied or a more 'hands on' operation.
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Old 28th Jan 2008, 13:06
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757_DRIVER

As a UK based pilot you only pay UK tax and NI on a PAYE basis like any other UK based employment. If you want to move overseas you can at any point, but will change to a 'continental' contract where you pay 20% tax to Portugal, UK NI, and then it depends on where you live and what agreements are made betweeen Portugal and your country of residence. Most places (not Denmark!!) have a double-taxation agreement so there is no more to pay.

Regarding pay in £ or €, your choice. You can change as often as you want, so if you can be bothered to track exchange rates you can make a bit more.

The flying is great, the roster - once published on the 15th of the month for the following calander month - doesnt change, and pay is fine. Dealing with some of the depts in Lisboa can be very frustrating
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Old 28th Jan 2008, 13:49
  #23 (permalink)  
 
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Please forgive the interruption, but "most places have a double-taxation agreement so there is no more to pay" depends on the tax rates. If you are paying 40% tax and tax at home is 30%, there is no more to pay, but if you are paying 30% and tax at home is 40%, you owe 10%. Tax residency is usually clearly defined by home legislation. All double-taxation treaties do is ensure you don't pay 70%, they don't allow you to pay nothing or the lower tax rates as suits (many double taxation treaties now mention ships crew and aircraft crew specifically). It would be unwise for employers to leave tax payment up to the individual, because, for example, UK legislation allows Revenue to go straight after the employer in the case of non-payment of taxes. Of course, the taxman may never catch up with you, but increasingly in Europe it is tightening up, plus the taxman's interest in some pilots who think that tax laws don't apply to them.

Incidentally, having the facility to switch currency is extremely unusual, and something to be taken advantage of if it does.
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Old 28th Jan 2008, 14:47
  #24 (permalink)  
 
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Spaniel

The Danish situation has been resolved according to a couple i met on tour recently. Generally i've found crew comm and Despatch helpful and good to deal with. Its worth remembering that they put up with a lot of ****e and pressure as well and are just messengers of crap change to your briefs.

757

£3200 to £3400 depending on your roster is average for a UK based FO. As a skipper expect about an extra £1500 on top of that.
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Old 28th Jan 2008, 18:04
  #25 (permalink)  
 
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The last post is also including the per diems of 70 Euros a day.

I would say an average month would range from 15-18 days a month.

If stand by at home, one is not paid per diems for that.
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Old 28th Jan 2008, 20:41
  #26 (permalink)  
 
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The last post is also including the per diems of 70 Euros a day.

I would say an average month would range from 15-18 days a month.

If stand by at home, one is not paid per diems for that.
All the above is true and forgot to mention that, that is the in hand after tax figure.

It works out at about £38000 taxed at the lower rate of tax (its just below the 40% threshold) + €70 per diem which is tax free. As southcoast says 15-18 days per month is average so you can do the maths.

There is an option to volunteer for extra days over the busy months Jun, Jul and Sep. Do two days per month and its about an extra £700 per month after tax.
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Old 29th Jan 2008, 09:30
  #27 (permalink)  
 
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gone till november

Who said anything about "crew comm and Dispatch"?? People jumping to erroneous conclusions is just as frustrating as "dealling with some of the Depts in Lisboa". Dispatch have steadily improved over the last 6 years and are now one of the best Depts!!

bear11

You are, of course, right, but the majority of NTA pilots do not also pay additional tax back home.
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Old 29th Jan 2008, 19:16
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Who said anything about "crew comm and Dispatch"?? People jumping to erroneous conclusions is just as frustrating as "dealling with some of the Depts in Lisboa".
Spaniel

Sorry to have pissed on your strawberrys As you didnt clarify which, i assumed, which as we all know is always death in aviation.
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