Inheritance tax (IHT) calculator

Marital Status

Assets

Liabilities

Results

What is your marital status?

Single

Widow(er)

Couple

Assets

Value of your home

Value of other property

Investments

Pensions

Regular savings

Cash

Life assurance not in trust

Other assets

Total assets: £0

Total pension: £0

Your financial commitments

Mortgage(s) and loans secured on your home

Mortgages and loans secured on other property

Other loans, overdrafts, credit/store cards, etc.

Total liabilities: £0

Your potential IHT liability:

£0

Total assets: £0

Total liabilities: £0

Total pension: £0

Please note, these are estimates and actual tax liabilities may vary based on specific circumstances and any future changes to tax laws.

Summary of results

By submitting this form, you will receive an email summary of your IHT calculation. If you wish to discuss your results further or explore ways to mitigate your potential IHT liability, speak to one of our expert financial advisers by simply ticking the box to request a consultation.

First name

Last name

Tick this box if you would like a qualified financial adviser to contact you for personalised advice and assistance with your financial and inheritance tax planning.

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If you would like to change your answers for the IHT calculation, or if you'd prefer to start over, simply click the buttons below.

*Assumptions:

1. Main residence is left to direct descendants so the residence nil rate band (RNRB) has been applied. However, the available RNRB has been reduced by £1 for every £2 by which the deceased’s net estate exceeds the taper threshold.

2. Calculations for couples assume that all assets are either left to survivor on first death, or are owned by the couple as joint tenants, so form part of survivor’s estate on second death.

3. IHT liability for couples assumes all properties are owned as joint tenants for RNRB purposes.

4. No account is taken of any additional nil rate bands that may be available (e.g. as a result of being previously widowed).

5. No account is taken of reduced rates of inheritance tax (e.g. where some or all of estate may be left to charities, for national purposes etc).

6. Any lifetime gifts that may have been made that reduce the available nil rate band are not taken into account.

7. Calculations for couples assume they are married/ civil partners and that both are UK domiciles.

8. The value of any pension funds and other death benefits payable on death do not form part of the estate(s).

This calculator is designed to indicate whether there may be a potential inheritance tax liability in the event of death. It is not intended to provide an accurate IHT liability, more an indication and professional advice should be sought where necessary.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.

This calculator does not take into account the possible use of any exemptions that may be utilised in the future.

**Trusts are not regulated by the Financial Conduct Authority.