What annual pension allowance does the speaker warn about?

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

This Beats the 60% Tax Trap

31 Jan 2026 · 0 min

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0:27

This is a short single-speaker YouTube segment by Ndubuisi 'Andy' Egwim about legally managing the UK '60% tax trap.' The speaker recommends strategies they've used, notably increasing pension contributions (NHS pension or a personal pension/SIPP) to reduce adjusted net income, and cautions about the £60,000 annual allowance to avoid penalties.

Questions this video answers

£60,000

So what actually helps for the 60% tax trap? Now, here are some of the most powerful ways people legally manage the 60% tax trap, and I've used them myself. Number one, pension contributions. You can increase your contributions to either the NHS pension or your personal pension, like a sip. Now, this reduces your adjusted net income, but you must keep an eye on the 60,000 pounds annual allowance for this tax here so that you don't exceed it to avoid penalties.