UK Inheritance Tax Calculator

Estate Details

Value of defined contribution pensions not taken. Post 2027 change.

Deductions & Allowances

Donating 10%+ of the 'baseline' net estate can reduce the IHT rate to 36%.

Allowance Basis:

Select 'Married/Civil Partner' if potentially using transferable allowances from a previously deceased spouse/partner (doubles NRB & RNRB if fully available).

Inheritance Tax Calculation

Total Estate Value: £0
Total Deductions (Charity): £0
Net Estate for Tax: £0
NRB Used (@ Available): £0
RNRB Used (@ Available): £0
Estimated IHT Due (@ Rate): £0

This calculation is an estimate based on UK rates (as of April 2025) and provided information. It does not constitute financial advice. Complex estates, reliefs (like BPR), lifetime gifts, and precise RNRB rules may affect the actual tax due. Always consult a qualified professional.

Notes & Explanation

How to Use This Calculator

  1. Enter the value of your main residence
  2. Include any other properties you own
  3. Add savings, investments, and pensions (post-2027)
  4. Include any other assets
  5. Deduct any applicable reliefs (charitable donations, spouse exemption)
  6. Click “Calculate” to see your estimated inheritance tax liability

Current Thresholds (2024/2025 Tax Year)

  • Nil-Rate Band: £325,000
  • Residence Nil-Rate Band: £175,000 (when leaving main home to direct descendants)
  • Tax Rate: 40% on amounts above these thresholds

Note: This calculator provides estimates only. For professional advice, please consult a qualified tax specialist.