Service
Oil & Gas Contractor Accounting Aberdeen
Specialist accounting for Aberdeen oil and gas contractors covering IR35, SDS review, Ltd vs umbrella analysis, offshore tax and HMRC compliance. Fixed fee agreed up front, ACCA-regulated.
Overview
Specialist Accounting for North Sea Energy Contractors
Oil and gas contractors working out of Aberdeen face some of the most complex tax and compliance situations in the UK labour market. IR35 inside/outside determinations, Status Determination Statement review, the Ltd company versus umbrella timing decision, Scottish income tax, offshore allowances, and multi-currency invoicing all interact to create a tax position that requires specialist knowledge. Countify provides dedicated oil and gas contractor accounting services in Aberdeen, covering every element from company setup through to annual accounts and HMRC compliance.
Primary sources: Running a limited company (GOV.UK), Corporation Tax (HM Revenue & Customs) and Income Tax in Scotland (HM Revenue & Customs).
What you get
Aberdeen Oil and Gas Contractor Accounting, End to End
North Sea contractors working through personal service companies need accounting that matches the realities of offshore contracting. IR35 status — whether you are inside or outside the off-payroll rules for a given engagement — determines whether income flows through payroll or as dividends, and an incorrect Status Determination Statement issued by the energy major or services company can create an unexpected HMRC liability. The timing of switching between a limited company structure and an umbrella company is critical when moving between inside and outside IR35 engagements. Offshore/onshore status split is relevant where a contractor splits time between Aberdeen and the installation, affecting travel and subsistence deductibility. Scottish income tax at S-prefix rates applies to all Aberdeen residents. We review SDS documents, advise on Ltd versus umbrella timing, prepare annual accounts, file CT600 returns, and file self-assessment returns that correctly reflect the full contractor position.
Key benefits
IR35 inside/outside status review and Status Determination Statement analysis
Ltd company versus umbrella timing advice for Aberdeen contractors
Offshore/onshore expense split and travel and subsistence deductibility
Scottish income tax and S-prefix PAYE code treatment
Annual accounts, CT600 and self-assessment filing handled in full
Why choose Countify
Oil & Gas Contractor Accounting Aberdeen, done right.
Countify specialises in the tax and accounting needs of Aberdeen's oil and gas contractor community. We understand the North Sea contracting market, the IR35 rules as they apply to energy engagements, and the Scottish tax landscape — giving Aberdeen contractors a single expert accountant for every compliance requirement.
Detail
Our Aberdeen Oil and Gas Contractor Service Covers
IR35 status review and Status Determination Statement analysis.
Ltd company versus umbrella timing advice for each engagement.
Offshore and onshore expense classification and deductibility.
Director salary and dividend optimisation under Scottish income tax.
Annual accounts and CT600 corporation tax return filing.
Self-assessment return covering all contractor income sources.
VAT registration and quarterly return filing where applicable.
How we work
Predictable, fixed-fee engagements.
Oil & Gas Contractor Accounting Aberdeen starts with a free discovery call. From there, we agree the scope and fixed fee upfront, so there are no surprises on your invoice. Once instructed, we deal directly with the relevant records, authorities and software access needed for this service.
- Step 01
Free discovery call
A 20-minute chat to understand your oil & gas contractor accounting aberdeen needs, deadlines, and current records.
- Step 02
Fixed-fee proposal
We confirm the oil & gas contractor accounting aberdeen scope and price in writing through an engagement letter.
- Step 03
Onboarding & delivery
We collect the information needed for oil & gas contractor accounting aberdeen and keep each agreed deadline visible.
For oil & gas contractor accounting aberdeen, we support clients in Glasgow city centre, across Scotland, and throughout the UK via Xero, QuickBooks Online, FreeAgent and secure document sharing. Day-to-day contact is with your named accountant.
Pricing
Fixed monthly fees
- Sole trader package
- from £35/month
- Limited company package
- from £95/month
Prices vary with scope and the state of your records. Your fixed fee is agreed in writing before any work starts. Oil & Gas Contractor Accounting Aberdeen is quoted as part of that fixed fee or as an add-on.
See full pricing
Your accountant
Founder & CEO · Fellow Chartered Certified Accountant
Usually replies within one working day · Mon–Fri, 9am–5pm
5.0 on Google · 8 reviews- ACCA regulatedFirm no. 4549994
- AML supervisedby ACCA
- ICO registeredZA683204
- Companies HouseSC589649
What is IR35 and how does it affect Aberdeen oil and gas contractors?
IR35 — the off-payroll working rules — determines whether a contractor's engagement is treated as employment for income tax and NICs. Where IR35 applies inside, the fee-payer (usually the energy company or agency) deducts tax before paying the contractor's limited company. We review Status Determination Statements and advise on the correct position for each engagement.
What is a Status Determination Statement and can Countify review mine?
A Status Determination Statement is the document the energy company or agency must provide to contractors, explaining whether their engagement is inside or outside IR35. We review SDS documents and advise Aberdeen contractors on whether to accept the determination or challenge it through the client-led status disagreement process.
When should an Aberdeen contractor use a limited company versus an umbrella company?
A limited company is generally more tax-efficient for outside-IR35 engagements where the contractor can extract income through salary and dividends. An umbrella company may be preferable for short inside-IR35 engagements where maintaining a limited company brings administrative costs without tax benefit. We model the financial impact of each structure for your specific situation.
Are travel and subsistence costs deductible for Aberdeen offshore contractors?
Offshore travel and subsistence costs can be deductible where the contractor is not caught by the 24-month rule or the supervision, direction and control test under the SDC rules. We review each contractor's specific position rather than applying a blanket answer.
Does Scottish income tax apply to Aberdeen contractor limited company income?
Scottish income tax applies to the personal income of Aberdeen resident directors — salary and dividends drawn from the company. The company's corporation tax is a UK-wide tax and is not affected by Scottish residency.
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Free, no-obligation consultation. We agree the fee upfront — no surprises.
5.0 on Google · 8 reviews- Fixed fee agreed in writing before work starts — no surprise bills.
- Switching is handled for you, including the professional clearance letter.
- A named accountant who knows your business, not a call queue.