There is a slogan from the revenue body in the UK that says ‘Tax shouldn’t be taxing’. Whilst it is a nice thought, ensuring legality of tax payments when you are a consultant in the oil and gas industry working on a global basis can be complicated and confusing. Depending on your nationality/country of residence, where you are working and how many days you work outside of your ‘home’ country, you could end up paying taxes to a number of different international bodies. Furthermore, as more and more countries start enforcing ‘chain law’ on taxation, both clients and consultants are coming under more pressure to ensure they have got their tax payments right. Oil Consultants represents individuals from over 90 different nationalities working in 95 countries. This presents potentially thousands of different tax scenarios that need to be managed. With such a wide variety of situations it is impossible for us to provide generic advice that is relevant to all our customers but in each case we always work to provide a solution that ensures legality for both client and consultant. For our UK consultants we have come across a couple of useful websites that explain the intricacies of taxation very well: Remember, these links are aimed at UK workers. If you have any good links or sites you would like to share please add them to the comments on this page.
Note: Oil Consultants takes no responsibility for the accuracy of content on any external sites.
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