صوت earning over 100k الاحترافي بالذكاء الاصطناعي لإنشاء المحتوى

earning over 100k

Earning Over £100k? Here's How to Avoid a Hidden 60% Tax Trap 👀 If you earn more than £100,000, you're at risk of losing your tax-free personal allowance — and effectively paying a whopping 60% tax on part of your income. 😬 Here’s why: 🔍 For every £2 you earn over £100,000, you lose £1 of your £12,570 personal allowance. So by the time your income hits £125,140, your personal allowance is completely gone — and you’re taxed on every penny. 👉 But there’s a smart fix: Private pension contributions. By contributing to your pension, you can reduce your “adjusted net income” — bringing it back under the £100k threshold and reclaiming your tax-free allowance. 💡 Example: Earn £110,000? Contribute £10,000 to your pension. Adjusted net income = £100,000 → You get your full personal allowance back. Plus, you get 40% tax relief on the pension contribution. That’s a big tax saving and a boost to your retirement pot. 🔄 This is one of the most tax-efficient strategies for high earners in the UK. Don’t leave money on the table! — 📌 Save this for later or tag someone who earns over £100k!