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Welcome to our
January Newswire...

Welcome to our January Newswire

We hope you enjoyed last month’s newswire and have pleasure in sending you the January edition.

All at McPhersons wish our clients and contacts a happy, healthy and prosperous New Year.

McPhersons News


McPhersons end decade with a bash

The McPhersons team celebrated the end of another decade with their annual Christmas lunch at Bentley’s Steak House in Bexhill-on-Sea. Read more...

Tax advantages of electric cars in 2020

From April 2020, the tax advantage of having an electric car will improve significantly. The Benefit in Kind is currently at 16% of list price so based on a £50,000 car the taxable benefit would be £8,000. Read more....

Louise completes notorious Beachy Head Marathon!

What a great performance from our accounts manager Louise recently at the Beachy Head marathon. Read more...

McPhersons sponsor Light up Bexhill 2019

McPhersons were pleased to help towards lighting up the town again this year. A fantastic ”Big Switch on’ evening was enjoyed by all. Read more...

McPhersons January Tax E-news is ready!

Welcome to our monthly tax newswire. We hope you enjoy reading this newsletter and find it useful. Please contact us if you would like to discuss any matters further. Read more...


Client Corner


Another award for our clients Swan House

Many congratulations to our clients Swan House for winning gold at the BSTA Bed and Breakfast Awards 2019. Read more...


Scam Alert


Scam Alert – Phishing emails and how to spot the scam

Phishing is a spin on the word fishing because criminals are dangling a fake ‘lure’ (like bait), hoping we will bite and give away our personal details. Read more...


Business News


More than 3,000 taxpayers complete self-assessment on Christmas Day

Instead of tucking into turkey or unwrapping their gifts, 3,003 taxpayers completed their self-assessment returns on 25 December 2019, according to HM Revenue & Customs (HMRC). Read more...

Should your company pay a data protection fee?

We are aware that the Information Commissioner’s Office (ICO) has been contacting companies to remind them of their legal obligation to pay a data protection fee. Read more...

SMEs now wait 23 days for late payments, new study finds

According to the latest data, UK SMEs now have to wait up to 23 days on average for late payments to be made. Read more...

Reminder: National Living Wage set to increase from April

On 1 April 2020 the Government will introduce increases to the National Living and Minimum Wage. Read more...

HMRC launches revamped CEST IR35 off-payroll working tool

With less than three months remaining before the IR35 off-payroll working rules begin to apply in the private sector, HM Revenue & Customs (HMRC) has launched a revamped CEST IR35 off-payroll working tool. Read more...

New Advisory Fuel Rates

Newly cohabiting couples, where at least one of the partners is a parent, have been warned by a leading insurer to be aware of a new tax charge, if either earns more than £50,000 a year. Read more...

VAT receipts reach record level of £133 billion

Figures published by HM Revenue & Customs (HMRC) have revealed that VAT revenue in 2018/19 rose by £7 billion from the previous year to reach a record £133 billion.


Our Management Team


Ainsley Gill
Tel: 01424 730000
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Mark Finch
Tel: 01424 730000
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Peter Watters
Tel: 01424 730000
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Lee Bowden
Tel: 01424 730000
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Gemma Hood
Tel: 01424 730000
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Louise Cavill
Tel: 01424 730000
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Medb Selley
Tel: 01424 730000
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Nigel Facer
Tel: 01424 730000
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Dan Cruikshank
Tel: 01424 730000
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McPhersons - Chartered Accountants in Bexhill and Hastings

23 St Leonards Road, Bexhill-on-Sea, East Sussex TN40 1HH T: 01424 730000 - Map
The Creative Media Centre, 45 Robertson Street, Hastings, TN34 1HL T: 01424 730000 - Map
Registration No: 07127320 (England & Wales)