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

You Could Be Paying 60% Tax Without Knowing It.

11 Sept 2026 · 1 min

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In this video, Ndubuisi 'Andy' Egwim addresses doctors and other healthcare professionals, warning them that they may be unintentionally paying an effective 60% tax rate once their income exceeds £100,000. He explains that a UK personal allowance taper gradually removes the tax‑free allowance after £100k, and by around £125k the combined effect can push the effective tax rate to roughly 60%. Egwim claims that thousands of medics have already used a specific guide to identify and reclaim the overpaid tax, potentially saving them thousands of pounds and securing their financial future.

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As a doctor or healthcare professional, this could actually literally save you thousands of pounds because you could be unknowingly paying an effective tax rate of 60%. You may have fallen into the 60% tax trap due to a sneaky rule about personal tax allowances. Once you exceed £100K in income, you start to lose that tax allowance. And by the time you hit £125K, it's almost like you're punished with this sneaky 60% tax because your effective tax rate becomes 60%. Thousands of medics have already used this guide to save thousands of pounds. And secure their financial future.