mytakehome.money

The invisible cliff · UK study

The £25,000 stretch of salary where a British worker keeps just 38p of every extra pound.

Between £100,000 and £125,140, an invisible tax rate of 62% quietly switches on. We charted the exact stretch where earning more barely pays.

38p kept from each extra £1 earned between £100k and £125,140

Between £100,000 and £125,140, the tax-free personal allowance is withdrawn by £1 for every £2 earned. Stacked on 40% higher-rate tax and 2% National Insurance, this creates an effective marginal rate of about 62% — a stretch of salary where earning more barely moves your take-home. At the worst point, you keep just £380 of your next £1,000.

What you keep of each extra £1,000, £95k–£130k

SalaryTake-homeKept from next £1,000
£95,000 £65,657 £580
£97,000 £66,817 £580
£99,000 £67,977 £580
£101,000 £68,937 £380
£103,000 £69,697 £380
£105,000 £70,457 £380
£107,000 £71,217 £380
£109,000 £71,977 £380
£111,000 £72,737 £380
£113,000 £73,497 £380
£115,000 £74,257 £380
£117,000 £75,017 £380
£119,000 £75,777 £380
£121,000 £76,537 £380
£123,000 £77,297 £380
£125,000 £78,057 £509
£127,000 £79,096 £530
£129,000 £80,156 £530

Outside the trap, a higher-rate taxpayer keeps about £580 of each extra £1,000. Inside it, barely £380. See exactly what your next £1 is worth.

All figures computed from published HMRC tax rules for the 2026/27 tax year, using the same engine behind our calculators, and verified 12 August 2026. Reproducible and free to cite — contact us for the underlying data.