How to Use This Calculator
- Enter the value of your main residence
- Include any other properties you own
- Add savings, investments, and pensions (note: pensions are included in the taxable estate from April 2027)
- Include any other assets (note: Business/Agricultural Relief is capped at £1 million per person from April 2026)
- Deduct any applicable reliefs (charitable donations, spouse exemption)
- Click “Calculate” to see your estimated inheritance tax liability
Current Thresholds (Frozen until April 2030)
- 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 (or 36% if 10% or more is left to charity)
Note: This calculator provides estimates only. For professional advice, please consult a qualified tax specialist.