Claiming back VAT on flight training
What, you can claim back VAT on your flight training? You probably don’t believe it. You might be surprised to even read the title, particularly if you perused the article on this topic in a fairly recent report in Flight Training News. You may recall that it stated there, quite clearly, that flying students in the UK had to pay VAT on their commercial flight training, unlike our colleagues in mainland Europe. And, of course,...
European Union petition for international levy on Jet A1 fuel
The European Union (EU) lobbying for an international tax on Jet A1 fuel in a move to finance climate action via levies on polluting industries. According to Wopke Hoekstra, EU’s climate commissioner, China, Zambia, Brazil and the Gulf nations are among those that have expressed interest in such a tax in talks leading up to the UN’s COP28 climate summit in Dubai. Unlike other fuels, Jet A1 (kerosene) is exempt from tax throughout the...
The straw that broke the student pilot’s back?
With the UK Chancellor’s Autumn Budget Statement just released, there would appear to be no new tax breaks or other funding assistance on offer for individuals enrolling on commercial pilot training programmes, once again leaving them with no formal ‘student’ recognition from Government. Loganair CEO Jonathan Hinkles calls the situation anachronistic, explaining that it stems from the 1970s when airlines and, in the case of Air...
