Accountants for Oil & Gas Contractors

Streamlined Accounting Solutions for On-the-Go Contractors with Bright Ideas Accountancy

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Let Bright Ideas Accountancy simplify your finances

Long shift patterns? Lots of travel, onshore or off? Being an oil and gas contractor may come with plenty of benefits – like a greater choice of diverse projects and generous remuneration, international opportunities, and high flexibility – but it doesn’t leave much time for the financial management side of things.

The likelihood is that you’d rather not handle your own accounts anyway. To ensure compliance, meet deadlines such as the tax return, and maximise your take-home pay, it’s often best to outsource it to professionals – such as the Bright Ideas Accountancy team.

We’ve enabled many oil and gas contractors to make the most of self-employment over the years. With us, you’ll have more time to dedicate to your role without getting bogged down in the numbers.

Oil & Gas Contractor
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Oil and gas contractor accounting services

By choosing Bright Ideas for your accounting needs, you’ll get an expert partner at your fingertips. We’ll manage your finances, simplify the jargon, and even advise on aspects such as profit and loss. It’s more than accounting – you get to draw on our extensive experience in helping countless oil and gas contractors across the UK.

We’re 100% cloud-based too, digitising your affairs and giving you 24/7 access to your accounts no matter where you are. Whether through FreeAgent or QuickBooks, you’ll always have a clear picture of your finances.

The support we offer goes beyond the products we use. With dedicated Account Managers, we provide a one-to-one service so that you’ll receive tailored guidance. This also enables us to be incredibly responsive, with a guaranteed same-day response to calls and emails received before 3pm.

We have a variety of accounting packages – all with transparent pricing. But whichever you choose, you’ll receive unlimited face-to-face meetings and periodic bookkeeping health checks. Because your success is our success.

All inclusive package

Free company incorporation

Yearly annual return preparation

Annual accounts preparation & filing

Quarterly MTD-compliant VAT return preparation & filing

Company tax return preparation & filing

Monthly subscription to FreeAgent included - and user tutorial for no extra charge

Your own dedicated accountant and tax adviser

Unlimited personal support by phone and email

Annual company P11D and employee P60s

Unlimited secretarial services

Acting as agent with HMRC for both director and the company

Personalised tax planning for the director

Ongoing tax advice for the company

Quarterly bookkeeping health checks

Director self-assessment tax return

Monthly payroll for one employee including RTI return filing

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FreeAgent

FreeAgent at no additional cost

All Bright Ideas clients get automatic access to FreeAgent – the UK’s #1 small business accounting software. Used by more than 60,000 freelancers, contractors, and small businesses, it helps to improve efficiency and ensure compliance with Making Tax Digital.

FreeAgent is HMRC-compatible, incredibly user-friendly, and can be used from any device at any time. It provides a full overview of your business performance, income, and profitability, as well as many other features.

  • Cash-flow monitoring dashboard
  • Estimate and invoice tracking and creation
  • Direct tax return submission to HMRC
  • Automatic generation of VAT returns
  • On-the-go expense recording and management
  • Direct connection to bank accounts
  • Smart timesheets
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FreeAgent

Looking to switch accountants?
We make the transition simple.

Does your current accountant give 1-to-1 support? Are they fast and thorough?
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Ready to join us?

Our experts have specialist knowledge and experience in your industry, so can provide tailored advice and accounting services. Throughout, we’ll ensure compliance – meaning you can enjoy contracting without the stress and risk.

What’s more, our cloud-based nature means we can provide on-the-go accounting. Wherever you are in the world, you can get a full picture of your business’ finances and stay on top of critical activities.

Contact us to get started

Speak to our accountants for oil and gas contractors!

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