Woodstock Wealth Management

07/03/2024

Navigating the Spring Budget: Opportunities for Tax Efficiency and Financial Planning

A few key points from yesterdays Budget:

-Reduction in Class 1 employee National Insurance Contributions (NICs), which, starting 6 April, 2024, will see a 2% cut from 10% to 8%

-Unchanged ISA & JISA contributions

-Inheritance Tax (IHT) remains untouched, and the CGT retains its current structure

-Changes to the child benefit provisions ensuring that more families will be able to retain the benefit at higher levels of income

-An increase in the VAT registration threshold (from £85,000 to £90,000) signals a boon for small businesses

See below for full article:

This year's Spring Budget arrived a tad earlier than usual amidst a backdrop that's become all too familiar in recent years: rampant speculation and anticipation. Much of the pre-budget discourse centred around potential pre-election tax cuts, with National Insurance reductions leading the pack, and...

05/03/2024

Spring Budget 2024: When is it and what will it mean for my money?

What is the Budget?
Each year, the Chancellor of the Exchequer - who is in charge of the government's finances - makes a Budget statement in the House of Commons.

This outlines the government's plans for raising or lowering taxes, and for spending on health, schools, police and other public services.

What time is the 2024 Budget and where can I watch it?
The chancellor's speech is taking place on Wednesday 6th March. It usually starts at about 12:30 UK time and lasts about an hour. It will be broadcast live on the BBC iPlayer and the BBC news website.

We will post a summary following tomorrows announcements.

In the meantime, see this link from the BBC website for more information about what could be in the 2024 Spring Budget:

Chancellor Jeremy Hunt will deliver his 2024 Budget on Wednesday 6 March.

23/01/2024

We were delighted to hear that the Oxfordshire charity SeeSaw were successful in being awarded a grant of £30,000 (£10,000 per year over a 3 year period), after being nominated by Dan & Jenny of Woodstock Wealth Management to the St. James’s Place Charitable Foundation in June 2023.

SeeSaw provides support for children, young people and their families in Oxfordshire when they have been bereaved or when somebody close to them is terminally ill.

The grant is to be used towards the clinical staff salaries for the pre-bereavement service providing support and advice for children, young people and their families, when a parent, carer or sibling has been diagnosed with a terminal illness and is dying.

“A 3-year grant for Pre-bereavement clinical salaries will really help us to sustain this service and we are extremely grateful to the Trustees for their generosity” Jane Alexander Carr, Interim Fundraising Manager, SeeSaw

The St. James's Place Charitable Foundation has been supporting those in need since 1992, funding small and medium sized charities across the UK and overseas and working with children who are disadvantaged physically, socially or economically. The Charitable Foundation has raised over £120 million so far, supporting millions of people across the world.

09/01/2024

Has got you thinking about your financial security? If so, talk to Woodstock Wealth Management, experts in helping clients’ money work for them to reach their aspirations.

Start 2024 off right! Get the financial security you need for later life with Woodstock Wealth Management. 💸 Find out more about them here: https://cstu.io/31325d

07/12/2023

Thanks to those who joined us for some festive networking at 'Coffee & Connections' yesterday. It was great to see some familiar faces, and meet some new local business owners V&H Wedding and Event Photography

Thank you Chris Brewster and The Back Lane Tavern for your amazing hospitality, as always.

04/12/2023

Woodstock Wealth Management and The Back Lane Tavern are pleased to invite all business owners from Woodstock and the surrounding areas to attend their informal networking event. Regardless of whether you are independent, small, medium or large, you are welcome to join us for a morning of networking and collaboration over mince pies & coffee.

Please feel free to share this page link with fellow business owners who may like to come along – the more the merrier!

RSVP: To allow us to ensure there are sufficient refreshments for everyone and to gauge interest, please drop a quick email of your intention to attend by Tuesday 5th December to [email protected]

£2.50 Refreshments contribution payable to The Back Lane Tavern on the day.

28/11/2023

We were delighted to be involved in this incredible networking event last night, at the beautiful Blenheim Palace. Its always a pleasure to be part of the friendly, supportive business community in Woodstock 👏

23/11/2023

What does the Autumn Statement mean for your financial plan?

The following is a summary of the changes announced in the Chancellor’s “Autumn Statement for Growth” that could affect the tax and financial plans of individuals and businesses, together with a brief reminder of some important unchanged provisions relevant to financial planning:

Being tax efficient through all stages of your financial planning journey can contribute to achieving your financial goals. That’s why being aware of the challenges and opportunities that tax, and benefit changes bring and discussing them and what they might mean for you with your adviser is so im...

17/10/2023

Meet the Team Tuesday- Week #3!

Introducing Jenny Kelly, Practice Manager of Woodstock Wealth Management.

Jenny provides crucial support to her husband, Dan, in complex administration, reporting, and analysis. This allows Dan to focus on providing high-value time to their clients.

Jenny's background in fashion and design, combined with her experience in teaching art and design to higher education students, has honed her eye for detail and exceptional communication skills.

For Jenny and her husband, their seaside apartment in Bournemouth revitalises and refreshes them. This coastal escape is instrumental in helping them strike a healthy work-life balance, enabling them to provide their clients with the highest level of support and attention.

She is a world traveller with Thailand holding a special place in her heart, enthusiastic home cook, and loves attending live music events and taking leisurely walks.

“I believe that my background has given me some valuable skills which I can use to communicate with you in a clear and easy-to-understand way.

My husband Dan and I are genuinely dedicated to our business and our clients' futures. My top priority is to ensure that you feel comfortable and at ease when discussing your financial planning with us.

We know that sometimes these kinds of topics can seem intimidating and stuffy, but we promise to be friendly, approachable, and easy to talk to.”

10/10/2023

Meet the Team Tuesday- Week #2!

Introducing Dan Kelly, Principal of Woodstock Wealth Management.

Dan holds a Diploma in Financial Planning and with over 20-years of experience under his belt, has earned himself a reputation as a well-respected and established financial planner. Dan takes a friendly approach to consulting with his clients, ensuring that he provides expert and tailored solutions to meet their specific needs.

He started his career as a Financial Adviser for HBOS and HSBC before he was later invited to join St. James Place as a Partner, setting up his own Practice in 2012 and managing client funds in and around Oxfordshire.

Dan and his wife, Jenny, who is Practice Manager of Woodstock Wealth Management, wanted to base their business in a strong community. They were drawn to the historic and vibrant town of Woodstock, Oxfordshire, and have since become fully integrated into the local business and social communities since moving there in 2016.

When he's not working, Dan enjoys watching live sports and participating in triathlons as a keen cyclist. He also uses his passion for sports to contribute to charity events.

"Navigating the complex world of financial planning can be overwhelming, especially with the frequent changes in taxation and legislation. I am committed to providing you with the clarity you need to understand your options, and to develop customised solutions that align with your long-term goals."

03/10/2023

"Meet The Team Tuesday"- Week 1!

Introducing Amy, our Client Service Coordinator.

Amy’s extensive background in financial and business performance analysis, along with her exceptional customer service skills, make her a valuable addition to the WWM team. As a fully qualified Chartered Accountant, Amy has gained experience in accounting, retail, and consumer sectors.

Amy's earlier career has given her the opportunity to work across a wide array of industries, from small to medium-sized businesses to large Australian Stock Exchange-listed companies, both in the consumer and industrial markets.

Amy and her British husband, along with their two young children, emigrated from Australia in 2016 and have since settled into Woodstock life. Amy has easily made many friends and become an active member of the community through her volunteer role as a School Governor.

As her children have become fully integrated into school, Amy has re-started her employment journey and joined Woodstock Wealth Management in Spring 2022. She is responsible for client relations and supports the Practice Manager with administrative support and compliance processes.

Most days, it’s Amy's friendly voice which will greet you over the phone. At other times, Amy is likely to be spending quality time with her son and daughter.

“I am very proud of the work I do in supporting Dan and Jenny in providing exceptional service to their clients, as well as helping them achieve their life goals. Additionally, I am proud to be part of a team that supports the local community.

Working alongside Dan and Jenny in a professional yet fun environment is a privilege. I look forward to working with them for many more years to come, as their business continues to thrive.”

26/09/2023

We have been working on updating and upgrading our website over the last few weeks....specifically our 'About Us' and 'Meet the Team' pages, plus the website has a fresh, new theme.

Please do take a look:

https://woodstockwealthmanagement.co.uk/about

Thanks to Cyrus Mower Photography for the headshots!

Based in the heart of historic Woodstock in West Oxfordshire, we strive to be part of the local community, drawing our client base from the surrounding area and growing through introductions and re...