Inheritance tax calculator

Estimate the inheritance tax on an estate using current thresholds — the £325,000 nil-rate band, the £175,000 residence band and the 40% rate.

The estate

Total estate value

Property, savings, investments and possessions, less debts.

Leaving a home to children or grandchildren

Unused threshold transferred from a deceased spouse/civil partner

Inheritance tax due

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Tax-free threshold

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Taxable estate

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The residence nil-rate band tapers by £1 for every £2 the estate is above £2 million. Gifts to a spouse or civil partner are always exempt.

Estimate only — not financial advice. Gifts made in the last 7 years, trusts and reliefs are not modelled here.

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