Tax Planning Advice
Keep More of What You Earn. Pay Only What You Owe.
If you’re working hard — earning income, building assets, running a business — tax can quietly erode your wealth. Without a smart, joined-up plan, you risk paying more than necessary and losing control of your financial future.
At Lucent, tax planning is part of your financial plan. We build tax-efficient strategies tailored to your situation — whether you’re an individual, a family or a business owner — so you keep more, stress less and plan with clarity.
Clients Trust Lucent for Tax Planning Advice
Our financial planners, with the support of our wider team, work tirelessly to ensure our clients receive the highest standards of advice and care. We are proud of the reviews we receive on third party sites.(Numbers updated Dec 2025)
Why Tax Planning Matters More Than You Realise
- Standard tax rules rarely reward complexity — rightly or wrongly, they often penalise it. That means scattered investments, mixed personal/business income, multiple pension pots or property holdings could lead to unexpected high bills.
- Mistakes with allowances, reliefs, withdrawals or business-owner income can trigger unnecessary tax — potentially thousands per year.
- As life changes — new business profits, property, pension growth, investments, inheritance — your tax position shifts. Without a plan, yesterday’s structure may no longer protect you.
- Leaving tax to chance may be legal — but it’s not smart.
With no proactive tax plan, you risk paying more, losing flexibility, and undermining the rest of your financial goals.
What Effective Tax Planning Looks Like
When done right, tax planning can:
- Reduce your income tax and capital-gains tax where possible — while staying fully compliant
- Help you draw income in a way that balances your lifestyle needs and long-term security
- Align investments, pensions, withdrawals and savings to minimise unnecessary tax drag
- For business owners: structure withdrawals, dividends, corporate income and profits in a tax-efficient way that protects both business and personal wealth
- Help intergenerational wealth transfer — minimising tax impact on estate, inheritance, and legacy planning
With a good plan, you don’t just save — you let your money work more wisely.
Our Five-Step Approach to
Tax Planning
1. Understand Your Whole Picture
We begin with a thorough assessment of your income, assets, business (if you have one), family, goals — everything.
2. Identify Opportunities & Risks
We map out where tax is being wasted — and where reliefs, allowances or better structuring could reduce it.
3. Design a Tax-Efficient Strategy
We build a tailored plan: income optimisation, pension strategy, investment/tax wrapper selection, withdrawal timing, pension, estate and inheritance alignment.
4. Implement Holistically
We help put the plan into effect — coordinating pensions, investments, business structures, withdrawal strategies — within the larger financial plan.
5. Review & Adapt Over Time
Tax laws change. Your life changes. We revisit the plan regularly, ensuring it remains efficient and aligned with your goals.
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Who This Service Is For
Tax planning is included as part of your holistic financial plan. Choose the path that matches you. We tailor the plan around your circumstances — not a one-size-fits-all template.
You want clarity on your income, savings, investments or pension pots. You want to make the most of allowances and reliefs — and ensure tax doesn’t silently erode your future wealth.
You’ve created value. You want to structure how profits, dividends, withdrawals, corporate income and personal assets work together — to minimise tax now and over time, without harming business agility or growth.
Why Clients Choose Us for Tax Planning
- Chartered, independent advice — regulated, compliant, free from product-pushing
- Holistic planning — tax is not a bolt-on; it’s woven through your entire financial plan (investments, retirement, estate)
- Transparent, jargon-free explanation — we explain in simple language what you pay, why you pay it, and how you can legally optimise it
- Long-term view, not quick fixes — strategies built to last, reviewed and adjusted as laws and your life change
- Personalised service — we don’t believe in “tax packages”; we build bespoke plans around real people
Ready to make your financial future more tax-efficient?
Contact Lucent today so we can build you a full financial plan that covers all aspects of your wealth, including tax planning.
- Are you looking for strategies to reduce your tax liability while maximising your wealth?
- Do you want professional advice on managing taxes related to investments, income, and inheritance?
- Are you interested in optimising your financial plan for tax efficiency?
- Do you need guidance on structuring your wealth in a tax-efficient manner to protect your assets?
If you answer yes to the above, get in touch.
FAQs
No, tax planning is fully integrated into our comprehensive financial planning service. We believe in a holistic approach that makes every part of your finances tax-efficient.
Tax planning touches every aspect of your financial life, from income to investments to retirement. That’s why we make sure it’s an integral part of your financial strategy.
Absolutely. We specialise in crafting tax strategies that consider both your personal and business finances, ensuring that they work together efficiently.
Still have questions?
If you've got a question we haven't answered, we'd love to hear from you.