Inheritance Tax Calculator

Our Inheritance Tax Calculator is designed to work out your potential inheritance tax (IHT) liability. Complete the information in the calculator to see how much your family could be liable to pay in IHT tax to HMRC when you die.

Please note that this calculator does not take into account Residential Nil Rate Band (RNRB) or any gifts you have made in your lifetime (particularly within seven years of your death) which may be subject to full or partial inclusion in the final IHT reckoning. It also does not consider any assets that are under trust that may be liable to IHT on your death or any transferred nil-rate band from a pre-deceased spouse. This calculator is very general in nature and will not exactly reflect your personal tax situation. The information should not be construed as legal or tax advice. Tax benefits may vary as a result of statutory change and their value will depend on individual circumstances.

Assets

Total

Liabilities (money that you owe)

Total Liabilities
Total Net Estate

Calculating the IHT liability

325,000
Amount which is liable to IHT
Potential IHT Liability

Please note that this calculator does not take into account any gifts you have made in your lifetime which may be subject to inheritance tax. It also does not consider any assets that are under trust that may be liable to IHT on your death or any transferred nil-rate band from a pre-deceased spouse. This calculator is very general in nature and will not exactly reflect your personal tax situation. The information should not be construed as legal or tax advice. Tax benefits may vary as a result of statutory change and their value will depend on individual circumstances.