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Of this 350K severance pay the first 30K is tax free, the balance at your marginal rate of tax. It might ease your tax burden were this severance pay split over two tax years.
You would have to get the receivers or administrator of ***** ***** to spread the payment, which I accept, might not be possible.
The marginal rate of tax is your highest rate. 328K would put you well into the 45% tax bracket.
Delighted to have been of assistance. \have you found another job on the flight deck, by the way?
I once did a weekend trip Gatwick to Paris with DanAir. Known colloquailly as Dandare pilots were alleged to board with string and rolls of insulating tape to conduct running repairs!
I flew Ryanscare in its very early days Stanstead to Rimini. That was before it got its unenviable reputation. The only thing that was odd was that there was no seat allocation, but by a dint of speedy approach to the aircraft got exit seats both legs. I have never flown Sleasyjet though my daughter did often before she emigrated to NZ.
I have a Thai wife and we now fly business class to Bangkok, far more comfortable.