What is the UK 60% tax trap and how to escape it?
When your adjusted net income exceeds £100,000, your £12,570 personal allowance starts to reduce by £1 for every £2 over the threshold. By £125,140, the entire allowance is gone. The effect: every £100 you earn between £100,000 and £125,140 incurs £40 in income tax (40% higher rate) plus an additional £20 in tax because you've lost £50 of personal allowance worth £20 in higher-rate tax (50 × 40%) — that's £60 effective income tax, plus £2 of NI = £62 total. So a £1,000 bonus in this band typically nets only £380 after tax. The standard mitigation is a pension contribution: if your gross salary is £110,000, contributing £10,000 to a pension via salary sacrifice brings your adjusted net income back to £100,000, restoring your full personal allowance. Net cost of that £10,000 pension is only £3,800 — you've turned £1,000 of bonus into £6,200 of pension. As an example, with £110,000 salary and no pension: net take-home about £73,300; in trap, marginal rate 62%. With £10,000 pension contribution: net take-home about £69,500 (out-of-pocket cost only £3,800), but you've added £10,000 to retirement and escaped the trap entirely for future raises. The key UK pension providers for personal contributions are Aviva, Hargreaves Lansdown and AJ Bell.
Official source: gov.uk · Data updated: 2026-04-09