📜

UK Inheritance Tax Calculator

Estimate inheritance tax liability on your estate

Estate Details

£

Total value of all assets including property, investments, and possessions

£

Value of your main home (for RNRB calculation)

Children, grandchildren, etc. qualify for Residence Nil-Rate Band

Deductions & Gifts

£

Outstanding debts to deduct from estate

£

Potentially Exempt Transfers (PETs) that may be chargeable

£

Donations to charity (10%+ qualifies for reduced rate)

Tax Year: 2025-26

Inheritance Tax Calculation

Enter your details and click Calculate

Fill in the form to see your inheritance tax calculation

Understanding UK Inheritance Tax

Key Thresholds 2025-26

Nil-Rate Band (NRB)£325,000
Residence Nil-Rate Band (RNRB)£175,000
Maximum Allowance (Single)£500,000
Maximum Allowance (Married)£1,000,000

IHT Rates

Standard Rate40%
Charitable Rate36% (if 10%+ to charity)
RNRB Taper Threshold£2,000,000
Important Exemptions:
  • Transfers to spouse/civil partner are fully exempt
  • Gifts to charities are exempt
  • Annual exemption of £3,000 per year
  • Small gifts exemption of £250 per recipient
  • Regular gifts from surplus income are exempt

Disclaimer: This calculator is for informational purposes only and should not be considered financial, tax, or legal advice. Results are estimates based on the information provided and current tax laws. Consult a qualified professional for advice specific to your situation.

Need More Powerful Financial Tools?

MyMoneyTrends offers comprehensive financial planning with personalized insights.

Try MyMoneyTrends Free