PPRuNe Forums - FRE Fixed Rate Expenses

PPRuNe Forums (https://www.pprune.org/)

- Terms and Endearment (https://www.pprune.org/terms-endearment-38/)

- - FRE Fixed Rate Expenses (https://www.pprune.org/terms-endearment/245811-fre-fixed-rate-expenses.html)

757operator

28th September 2006 13:01

FRE Fixed Rate Expenses

Up until the recent "unification" headed by BALPA (which seems to give all UK pilots tax relief of £850+£100), different companies had different figures.

So if you are working for one company (FRE £500) and in the middle of the tax year change to another company (FRE £700), what will the taxman let you claim? I would like to think £700, but I bet it isn't.

Does anyone have experience of this situation, please?

LJ.543

28th September 2006 13:04

No experience of this 757, but I suspect that HMRC will want to pro-rata your time in the two respective companies. The new £950 figure only applies from April 6th 2006.
LJ

757operator

29th September 2006 09:42

Thanks you LJ - anyone else, please?

All times are GMT. The time now is 09:02.