Rhodes Wealth Management Ltd

Another fantastic day for the Rhodes office! We were thrilled to be invited to Derby Rugby Club’s Sponsor Day, where we enjoyed delicious food and drinks, had the chance to connect with fellow sponsors, and watched an exciting match. It was a wonderful day for both the Rhodes team and Derby Rugby Club!

Tax planning is essential for business owners, from start-up to exit. Key strategies include choosing the right trading structure, setting up tax-efficient pay (salary vs. dividends), employing family members to reduce tax, and making pension contributions for tax relief. Additionally, utilising allowances like capital and R&D tax credits can lower your tax liability. Work closely with your accountant, tax adviser, and financial planner to build a solid strategy that ensures your business remains profitable and tax-efficient for the long term. Read the full article below - https://buff.ly/4hzfUNh #TaxPlanning #BusinessStrategy #FinancialSuccess

📢 Exciting Announcement! The 2025 TBAT Innovation Challenge is now officially open! We are pleased to confirm that Rhodes Wealth Management will be supporting the Innovation Challenge, a 9-month business programme designed to stimulate innovation among UK-based SMEs. The annual competition offers 4 free-to-attend online workshops and a chance to pitch LIVE in October to win a £10,000 prize and over £65,000 of tailored business support. We are delighted to be working alongside Shakespeare Martineau (Headline Sponsor) and Barclays Eagle Labs (Platinum Sponsor). Also joining IC25 as sponsors are: Modus Accountants, Forresters, Datalink Electronics Ltd, Coadax, OPD (Oxford Product Design), Charnwood Campus Science Innovation and Technology Park and Med-Tech Innovation (Med-Tech Insights) 💻 The 4 workshops will take place March-June, with registrations for Workshop 1 ‘How to Finance your Business’ on 19th March now open! Tom Webster Bsc (Hons) DipPFS will represent Rhodes Wealth Management by presenting on Workshop 2 in April. Click here for full details https://buff.ly/456orBh and please share this post to your wider network. 💡 Who will be the 2025 winner? TBAT Innovation Ltd Shakespeare Martineau Barclays Eagle Labs Sam Stephens Jo Rudzki Rebecca Guest #IC25 #ICTBAT2025 #ICTBAT25 #TBATInnovationChallenge #SME #Innovation

🍝 Join us for an exclusive cook-along with MasterChef contestant Louisa Ellis! 🍝 Whether you’re one of our valued clients or part of our wider community, this Italian recipe session is for everyone who loves great food and fun cooking tips. Louisa will guide us through a delicious Italian dish, sharing her expert techniques and passion for cooking. Don’t miss out on this exciting culinary experience—grab your ingredients and get ready to cook along with Louisa! 🎥 Watch this video for a sneak peek! 🎥 and sign up here! ➡️ https://buff.ly/3CH37ZY #CookAlong #MasterChef #ItalianCooking #LouisaEllis #FoodLovers #CommunityEvent

Are you ready for the upcoming changes to Inheritance Tax? The Autumn Budget 2024 brought significant updates to Inheritance Tax (IHT) that could impact many families, potentially increasing tax liabilities. Now, more than ever, proactive financial planning is essential to ensure your financial and estate strategies are aligned with these changes—so you can leave behind more than just an inheritance, but a lasting legacy. Join Tom Webster Bsc (Hons) DipPFS and Steve Tilley BSc(Hons) DipPFS for an informative webinar on Thursday, 13 February, from 12:30 pm to 1:30 pm, where they’ll break down the key updates and share actionable strategies to help you protect your legacy and maximise what you leave to your loved ones. If you’re looking to take control of your financial future and leave a meaningful legacy, this is a session you won’t want to miss. REGISTER NOW to secure your spot! https://buff.ly/4jvdilb

👨👩👧👦Families paid £5.7 billion in Inheritance Tax (IHT) from April to November 2024. That’s £0.6 billion more than the previous tax year.* Trusts, and Legacy Preservation Trusts can play a part in helping to create a tax-efficient inheritance plan. Read more here: https://ow.ly/htbq50URa3P *Source: HMRC, 21 November 2023 #Protection #IHT #LPT

As the tax year comes to a close, don't forget this golden opportunity to enhance your pension. 💼 By making additional contributions before the deadline, you can unlock valuable tax allowances and reliefs, significantly boosting your pension pot. 🚀 Seize the chance to maximise your contributions and enjoy those important tax benefits. Let's make this year-end impactful for your pension—contact us today! https://buff.ly/4gIAw5j 💰 Good Habits start now: Make pension planning your Tax year-end tradition. 💡 The value of your investment can go down as well as up. You could get back less than you invested. Taxation rules can change at any time and are dependent on individual circumstances. Rhodes Wealth Management is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) The St. James's Place Partnership' and the titles `Partner' and `Partner Practice' are marketing terms used to describe St. James's Place representatives.

We kicked off 2025 with a fantastic team meeting, setting the stage for another year of growth and success. It was a great opportunity to reflect on the achievements of 2024 and recognise the outstanding contributions of team members who went above and beyond. Special awards were handed out to those who truly made a difference—thank you for your hard work and dedication. Here’s to building on last year’s success and making 2025 even better! #TeamSuccess #Awards #2025Kickstart #EmployeeRecognition #Teamwork

Financial terminology, particularly around taxes, can often be overwhelming. Key terms like CGT, IHT, ISAs, and pension allowances are essential to understand, as they can significantly impact your financial strategy and tax efficiency. With tax regulations evolving regularly, staying informed is crucial. Consulting a financial adviser ensures you’re fully equipped to navigate these complexities and make well-informed decisions. Check out this article for more - https://buff.ly/40iQMD4 #TaxEfficiency #FinancialPlanning #WealthManagement #Pensions #ISAs

As we welcome the New Year, we want to take the time to introduce you to our lovely, dedicated team. Meet Lauren, Client Support Specialist at Rhodes Wealth Management! Lauren is one of our many individuals who plays a crucial role in our team's success. Lauren is passionate about delivering a high quality of work for clients whilst bringing her positive, bubbly attitude to the office. She continues to inspire and elevate our work every day. Keep an eye out for more of our team spotlight posts in the coming weeks. #Team #EmployeeSpotlight #CompanyCulture