Re: Companies that do not require Training bonds
Posted: Mon Mar 09, 2020 9:39 am
Wow... and neither does Integra or R1!
It’s almost like things change in 12 years!
It’s almost like things change in 12 years!
Companies that do not require Training bonds
Page 6 of 6
Re: Companies that do not require Training bonds
Posted: Mon Sep 13, 2021 11:30 am
Any update to this regarding the companies that don't require the training bonds in Canada in 2021?
Re: Companies that do not require Training bonds
Posted: Thu Nov 18, 2021 8:34 am
Re: Companies that do not require Training bonds
Posted: Tue Jan 04, 2022 12:47 am
Re: Companies that do not require Training bonds
Posted: Thu Jan 27, 2022 10:31 am
I don't think anything has changed, in fact, probably got worse with airline guys returning to other sectors.
Re: Companies that do not require Training bonds
Posted: Thu Jan 27, 2022 3:43 pm
Probably correct, supply and demand dictates bonds. Why invest in someone when there’s several previously endorsed candidates out thereschnitzel2k3 wrote: ↑Thu Jan 27, 2022 10:31 amI don't think anything has changed, in fact, probably got worse with airline guys returning to other sectors.
Re: Companies that do not require Training bonds
Posted: Fri Apr 01, 2022 10:54 am
Does anyone know if Training Bonds are tax deductible?
Re: Companies that do not require Training bonds
Posted: Fri Apr 01, 2022 1:32 pm
For the company that has taken ownership of you (your master).
Re: Companies that do not require Training bonds
Posted: Tue May 03, 2022 8:27 am
Re: Companies that do not require Training bonds
Posted: Fri Jun 10, 2022 6:32 am
From what I know they are, and I've heard people getting over 20% of it back.
Which is baloney since your operator wrote off your training before you even showed up and is currently sipping mai tais in the carribean courtesy of your bond money.
Re: Companies that do not require Training bonds
Posted: Fri Jun 10, 2022 9:02 am
Someone correct me if I am wrong, but if you had to pay your bond out, it is tax deductible... Consulting a tax lawyer or accountant is obviously the way to go about it in all fairness...
https://www.canada.ca/en/revenue-agency ... costs.html
Re: Companies that do not require Training bonds
Posted: Fri Jun 10, 2022 9:16 am
I'm pretty sure the money you pay them for your bond is taxable again, to offset the write offs from the training.vanislepilot wrote: ↑Fri Jun 10, 2022 6:32 amFrom what I know they are, and I've heard people getting over 20% of it back.
Which is baloney since your operator wrote off your training before you even showed up and is currently sipping mai tais in the carribean courtesy of your bond money.
Writing off costs is not a magic spell to give you unlimited money. They still pay for the training. The money still needs to be earned and paid. It only affects the taxes they pay.
Re: Companies that do not require Training bonds
Posted: Wed Jun 15, 2022 3:09 am
Are we talking what’s paid off in the bond?digits_ wrote: ↑Fri Jun 10, 2022 9:16 amI'm pretty sure the money you pay them for your bond is taxable again, to offset the write offs from the training.vanislepilot wrote: ↑Fri Jun 10, 2022 6:32 amFrom what I know they are, and I've heard people getting over 20% of it back.
Which is baloney since your operator wrote off your training before you even showed up and is currently sipping mai tais in the carribean courtesy of your bond money.
Writing off costs is not a magic spell to give you unlimited money. They still pay for the training. The money still needs to be earned and paid. It only affects the taxes they pay.
Re: Companies that do not require Training bonds
Posted: Thu Jul 21, 2022 9:35 am
It’s deductible but by who is up to how the bond is paidPitchLink wrote: ↑Wed Jun 15, 2022 3:09 amAre we talking what’s paid off in the bond?digits_ wrote: ↑Fri Jun 10, 2022 9:16 amI'm pretty sure the money you pay them for your bond is taxable again, to offset the write offs from the training.vanislepilot wrote: ↑Fri Jun 10, 2022 6:32 am
From what I know they are, and I've heard people getting over 20% of it back.
Which is baloney since your operator wrote off your training before you even showed up and is currently sipping mai tais in the carribean courtesy of your bond money.
Writing off costs is not a magic spell to give you unlimited money. They still pay for the training. The money still needs to be earned and paid. It only affects the taxes they pay.
Re: Companies that do not require Training bonds
Posted: Wed Sep 14, 2022 6:35 am
Everywhere I look there’s bond requirements for both ames and pilots. I don’t see any jobs out there where their policies allow for un bonded training…
Re: Companies that do not require Training bonds
Posted: Sun Sep 18, 2022 8:49 am
My last endorsement was two years ago. I was the only guy on course and no bond lolCrossthreaded wrote: ↑Wed Sep 14, 2022 6:35 am Everywhere I look there’s bond requirements for both ames and pilots. I don’t see any jobs out there where their policies allow for un bonded training…
Re: Companies that do not require Training bonds
Posted: Wed Sep 21, 2022 9:44 am
That happened to me on my first endorsement. The instructor said usually need a minimum student body count to put them on but they are taking whatever students they can get at that training facilityPitchLink wrote: ↑Sun Sep 18, 2022 8:49 amMy last endorsement was two years ago. I was the only guy on course and no bond lolCrossthreaded wrote: ↑Wed Sep 14, 2022 6:35 am Everywhere I look there’s bond requirements for both ames and pilots. I don’t see any jobs out there where their policies allow for un bonded training…
Re: Companies that do not require Training bonds
Posted: Tue Jan 14, 2025 9:58 am
2025 :
BE10 15.0000$ for 3 years
add another 15.000$ for C208
and another pa31 7500$ on top of that
37500$ total bond
salary 19$/h x 40h/week, unpaid overtime