Sterling Rees/Gibraltar Accountants

Claiming Business Expenses

Each industry sector has business expenses that are specific for its area and therefore it is not possible to provide a definitive list of expenses. The technical position for tax deductible expenses is that they must be “wholly, necessarily and exclusively” for business purposes. They must also be “reasonable”. What does this mean? Wholly means […]

How do I find a good accountant?

A good accountant in your armoury is your business’ super power. An accountant should be able to do a whole lot more than bean-count and number-crunch, they should be able to add value to your business. Time is of great importance and should be spent focussing on your business and using the individual skill-set that […]