Inheritance Tax Calculator UK

Step 1: Your estate

Assets

Enter current values. If you expect a different value at death, enter that too; otherwise leave it blank.

Value of main home

Second home, business property or land

Cars, boats and other vehicles

Household contents and personal effects

Bank and building society accounts

Investments (shares, bonds, ISAs, offshore accounts)

Life assurance policies (if not written in trust)

Pension lump sums (if not held in trust)

Liabilities

Mortgage on main home

Other mortgages, loans, hire purchase and credit cards

Other liabilities (for example, tax bills)

Nil rate bands and exemptions

Transferable nil rate band available from a late spouse or civil partner (%)

Will your residence be left to direct descendants (children or grandchildren)?

Yes No

Specific exemptions (for example, amounts passing to a spouse or civil partner, business relief, charitable legacies)

Step 2: Gifts already made

Enter gifts made in the last 14 years, after annual exemptions. A PET is an outright gift to a person; a CLT is a chargeable lifetime transfer such as a gift into most trusts.

Step 3: Planned gifts

Enter gifts you are considering making. Gifts that would trigger an immediate lifetime charge are flagged in the results.

Step 4: Results

Assumed date of death (for future projections)

Email me my results

Receive a copy of your results and the details you entered.

Name

Email address

Phone number

This calculator provides an estimate of potential inheritance tax based on the information you enter and our understanding of current UK tax law. It does not constitute financial or tax advice. Tax rules can change and reliefs depend on individual circumstances. Please seek professional advice before acting on any result.

IHT Liability Calculator

Step 1: Your estate

Step 2: Gifts already made

Step 3: Planned gifts

Step 4: Results