Episode Timestamps

00:00 – 00:22
Introduction
Why tax traps quietly cost lawyers more than bad investments — and why awareness matters more than complexity.

00:22 – 01:32
The £100,000 Personal Allowance Trap
How the personal allowance tapers away after £100k and why this creates an effective tax rate of around 60% without most lawyers realising.

01:32 – 02:12
Why This Trap Is So Easy to Miss
No headline rate change, no warning — just less money left than expected.

02:12 – 03:18
The £125,140 Tax Spike Explained
What happens when the allowance is fully lost and how marginal tax rates distort decision-making at this level.

03:18 – 04:14
The £260,000 Pension Taper Trap
How adjusted income triggers a reduction in annual pension allowance — and why many partners only discover it after receiving a tax charge.

04:14 – 04:45
The Core Message
These traps aren’t mistakes — they’re structural features of the tax system that require planning, timing, and visibility.

04:45 – 05:05
Closing & What’s Next
Why understanding thresholds beats clever tactics — and a preview of the next episode.