Oil and Gas Engineers
In April 2011 it was announced that there was to be an increase of 15,000 jobs in the UK’s oil and gas industry with significant growth being planned in these areas. The vast majority of these positions will be in Scotland with largest installations being in Aberdeen.
With the increase in demand in this sector, the freelance and contractor oil and gas specialist can earn up to £2000 per day based on their previous experience with the average contractor earning £800 per day.
Earning such a large amount of money you can of course expect to be paying a large amount of tax and this is why you need to look for the most tax efficient way to be working. You may have considered it as an option before and a lot of your colleagues may already be doing so, but now is the time to consider working through your own limited company.
As a limited company director you will be able to submit expenses through your company for tax relief, this allows you to take home a much larger percentage of your pay than the typical employee. This is not to mention other benefits such as operating under the flat rate VAT scheme which allows you to benefit from additional monies to take from your business at no extra cost to your client.
With this increased reward comes the increased responsibility of running and managing your own business. This can be very time consuming affair unless you employee a specialist contractor and freelance accounting specialist such as Arleys.
Arleys has been designed by contractors, for contractors, and this is why we know that we can offer you the service that you have been looking for. With Arleys you decide how we work for you. Whether you want the latest software to run and manage your business, whether you want to email your information to us, or even send the information to us in the post, we give you the freedom to make that decision; as it should be.
If you would like to know more about how Arleys can help you then please call one of the team on 01925 598 499 or email email@example.com and one of the team will be in touch to find out how you want us to work for you.