Higher Earners
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The 60% Tax Trap: Why Earning Over £100k Costs You More Than You Think

The UK's most infamous tax quirk: earning between £100,000 and £125,140 results in an effective 60% marginal tax rate. Here's exactly how it works and how high earners legally avoid it.

4 June 2026·7 min read

The 60% tax trap is not a conspiracy theory or an error. It's a mathematical certainty built into the UK tax system — and it affects anyone whose income crosses £100,000. Here's exactly how it works.

The Mechanics

The UK Personal Allowance (£12,570 tax-free) is not available to everyone. For incomes above £100,000, HMRC tapers the allowance away: for every £2 of income above £100,000, you lose £1 of Personal Allowance.

By £125,140, the Personal Allowance is completely gone.

Why This Creates a 60% Rate

If you earn £101,000, your allowance drops from £12,570 to £12,070. That £500 reduction means an extra £500 is suddenly taxable at 40% (£200 extra tax). Combined with the 40% tax on the £1,000 income above £100k (£400), and 2% NI (£20), you pay £620 in tax on £1,000 of income. That's a 62% effective marginal rate.

IncomeExtra £1,000Tax PaidEffective Rate
£99,000 → £100,000£1,000~£42042%
£100,000 → £101,000£1,000~£62062%
£124,000 → £125,000£1,000~£62062%
£125,140 → £126,140£1,000~£45045%

The Salary Sacrifice Solution

The most widely used tool to escape the 60% trap is pension salary sacrifice. If you earn £115,000, sacrificing £15,000 into your workplace pension brings your adjusted net income to exactly £100,000. You:

  • Restore your full £12,570 Personal Allowance
  • Avoid the 60% effective rate on £15,000
  • Pay 40% less income tax (saving £6,000)
  • Save 2% NI (saving £300)
  • Add £15,000 to your pension

Net saving: over £6,000 in avoided tax. HMRC effectively pays 62% of your pension contribution in this zone.

Frequently Asked Questions

Is it legal to deliberately cut income to avoid the 60% trap?

Yes, completely legal. Salary sacrifice into a registered pension scheme is explicitly encouraged by HMRC. Even tax advisers call it "the most tax-efficient thing you can do if you earn between £100k and £125k."

What if I can't do salary sacrifice?

You can make personal pension contributions (not via salary sacrifice) and claim relief through Self Assessment. The mechanism is different, but the tax benefit is the same: your adjusted net income is reduced by the gross pension contribution.

Model the exact numbers with our £100k Tax Trap Calculator.

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