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The £100,000 Tax Trap — How It Works and How to Avoid It

Tax · 2026-03-18 · 6 min read

If your salary is approaching £100,000, you're about to enter one of the most punishing sections of the UK tax system — a band where your effective marginal tax rate hits 60%. Here's exactly what happens, why it exists, and — crucially — how to avoid it.

What is the £100,000 tax trap?

The UK personal allowance — the amount you can earn before paying income tax — is £12,570 for 2026/27. Most people keep this in full. But once your adjusted net income exceeds £100,000, HMRC starts withdrawing it at a rate of £1 for every £2 earned above £100,000.

By the time your income reaches £125,140, the entire personal allowance is gone.

Why does this create a 60% tax rate?

On earnings between £100,000 and £125,140 you're hit by a double effect:

Combined: 40% + 20% (the tax cost of losing the allowance) = 60% effective marginal rate.

Example: You earn £110,000. Your personal allowance has been reduced by £5,000 (half of the £10,000 excess). That £5,000 of lost allowance is now taxed at 40% — an extra £2,000 in tax on top of the 40% you already paid on the £10,000.

The numbers in full

SalaryPersonal allowanceEffective rate on last £1
£99,999£12,57040%
£100,000£12,57040% → 60% starts
£110,000£7,57060%
£120,000£2,57060%
£125,140£060% → back to 40%
£125,141+£040% (then 45% above £150k)

How to avoid the trap

The key is reducing your adjusted net income below £100,000. The most effective way to do this is pension contributions, because they reduce your adjusted net income pound for pound.

Pension contributions

If your salary is £110,000, contributing £10,000 into your pension brings your adjusted net income back to £100,000. You avoid the trap entirely and:

Salary sacrifice is even more efficient — because the contribution comes from gross pay before NI, you also save 2% NI on the sacrificed amount.

Gift Aid donations

Charitable donations made through Gift Aid also reduce your adjusted net income. A £1,000 Gift Aid donation reduces your adjusted net income by £1,250 (the grossed-up value), providing 40% tax relief and potentially restoring personal allowance.

Other reliefs

Important: The annual pension allowance is £60,000 for most people (or 100% of earnings if lower). High earners subject to the tapered annual allowance should take independent financial advice before making large pension contributions.

The personal allowance is also lost at £125,140+

Once you earn above £125,140, the rate drops back to 40% — but you've permanently lost the personal allowance. Someone earning £125,140 pays the same effective rate as someone earning £150,000 on that slice. The trap ends but the damage is done.

Model the £100,000 trap for your salary

Our salary calculator shows your exact take-home at any income level, including the impact of pension contributions.

Try the calculator →