Tax calculator

Inheritance Tax calculator

A high-level estimate based on estate value and selected thresholds.

Helpful tool

Estimate Inheritance Tax.

This high-level estimate uses the £325,000 nil-rate band and a residence nil-rate band where applicable. It is not a full estate calculation.

Estimate only. It does not cover gifts, trusts, charity gifts, reliefs, tapering or partial transferable allowances. Check current IHT guidance on GOV.UK.

Understanding an estate estimate

An Inheritance Tax estimate begins with assets, debts, gifts and the people who may inherit. The eventual position can be affected by reliefs, exemptions, ownership arrangements and changes in the estate over time.

This calculator is a simple guide rather than a succession plan. Estates involving business assets, trusts, property, lifetime gifts or overseas assets often need more detailed advice. Keep an up-to-date record of major assets and discuss significant changes before documents are finalised.