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

You Are Already Giving to Charity. Are You Using Gift Aid to Reduce Your Tax Bill Too?

4 Sept 2026 · 1 min

Watch on YouTube

1:22

In this short monologue aimed at UK doctors, Ndubuisi 'Andy' Egwim explains that qualifying charitable donations made with Gift Aid can lower a doctor's adjusted net income, which is crucial because once adjusted net income exceeds £100,000 the personal allowance is tapered away (£1 lost for every £2 over the threshold), creating the notorious 60% effective tax rate. He stresses that the charity must be UK‑registered, warns against donating solely for tax savings, and encourages genuine generosity while being tax‑aware. He then promotes his Doctor’s Tax X‑Ray Workshop, inviting viewers to comment “X‑ray” for more details.

Chapters

So, I know several doctors who give generously to charities every single year and have absolutely no idea how those donations affect their tax positions. Let me show you something. If you make qualifying donations using Gift Aid, those donations can reduce your adjusted net income for tax calculations. Now, why does that even matter? It's just charity. Well, because once your adjusted net income goes above £100K, your personal allowance starts disappearing. For every £2 above £100K, you lose £1 of your personal allowance. So that's what helps create that infamous 60% tax trap I talk about. So if you're already giving to charity, Gift Aid may do more for your tax position than you realize. So it has to be a UK registered charity, by the way. Now, don't misunderstand me. I'm not saying give money away to charity just to save tax. That's backwards. That's like the tail wagging the dog, not the other way around. No, that's not what I mean. What I mean is this. Give because you genuinely want to give. But if you're already being generous, if you're already giving, make sure you understand the tax rules surrounding that generosity and how it impacts your adjusted net income. It's exactly this kind of overlooked matter that we're looking at in the Doctor's Tax X-Ray Workshop. If you want to come along, comment X-ray and I'll send the details to you.