Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

Are you secretly paying 60% tax?

30 Oct 2025 · 0 min

Watch on YouTube

0:22

YouTube video by Ndubuisi 'Andy' Egwim warning that some doctors may effectively pay up to 60% tax due to the UK personal allowance taper: once income exceeds £100,000 the personal allowance is withdrawn at a rate of £1 for every £2 over the threshold. The speaker recommends structuring pension contributions and allowances to reduce this ‘silent tax bleed’ and mentions an upcoming book, The Money Wise Doctor.

Questions this video answers

£100,000

£1 withdrawn for every £2 of income above the threshold

60% (speaker's claim)

Now. Did you know some Doctors are paying 60% tax without even realizing it? I mean, once your income passes 100,000 you lose your personal allowance and for every two pounds you lose one pound to tax. It's a silent tax bleed in your pay slip. But the fix is not complicated. You structure your pension and allowances wisely is one of the easiest way to give yourself a pay rise without even having to work harder.
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