Christchurch Preschool Sponsorship

Tolhurst Fisher recently agreed to sponsor a bouncy castle for the Christchurch Preschool. Michelle Waterman tells us more:

"Tolhurst Fisher very kindly agreed to sponsor the bouncy castle at my daughter’s preschool welcome BBQ on Sunday.

I am on the committee for the preschool and this was our first ever Welcome to New Parents BBQ for Christchurch Preschool (a non-profit making organisation that is managed by the staff and a committee of parents) in Colchester, and it was a great success. 

The weather was kind and we even managed to raise funds, thanks to all the parents who purchased our hotdogs and homemade cakes and to the kind sponsorship of Tolhurst Fisher towards the hire of the bouncy castle."

Employee Shareholder Scheme

September has seen the introduction of the controversial Employee Shareholder Scheme, whereby employers can offer no less than £2,000 in shares to employees in return for them giving up certain employment rights.  It is intended to be a separate form of employment status. 

The Employee Shareholder will waive the right to claim unfair dismissal (apart from automatically unfair dismissal or where it is based on discriminatory grounds or in relation to health and safety), a statutory redundancy payment and certain other statutory rights.

It is of course a little more complicated than this so if you would like more information please contact Marsha Robinson on 01245 216114.

Married Couples and Rental Properties – The Importance of Getting It Right

A Court has recently decided that a married couple’s agreement to pay the wife the rental income from a jointly owned property did not overcome the operation of Section 836 of the Income Tax Act 2007. As a result, the husband was assessed on 50% of the rental income for income tax purposes even though they had agreed that the wife should receive all of the rent into her bank account.