Enter what the estate is worth, deduct any debts and lifetime gifts, then see the Inheritance Tax due straight away.
Property, savings, investments, business and personal possessions.
Gifts made in the 7 years before death can use up the nil-rate band first.
Nil-rate band £ + £ residence band. on the excess. Estimate only - trusts, reliefs and tapering can change the result.
Inheritance Tax due
on above the threshold No Inheritance Tax to pay on this estate
effective rate on estate
heirs receive
Reduced 36% charity rate applied
Leaving 10%+ of the net estate to charity cuts the IHT rate from to 36%, saving roughly in tax.
Spousal transfers, business/agricultural relief and trusts can change this - get advice for planning.
How the bill rises once the net estate passes your tax-free allowance.
The Inheritance Tax Calculator does more than show a number. Below your result it explains what your figures mean in practice - your effective and marginal rates, any allowances or thresholds you are close to, and the specific steps to take next. Enter your details above and the guidance updates to match your situation.
Do this next, in order
Estimates only - not financial or tax advice. Confirm figures on GOV.UK or with an adviser.
| Scenario | Net estate | Allowance | IHT due | Heirs get | |
|---|---|---|---|---|---|
Inheritance Tax Calculator by TaxFly — free UK tax calculators