Inheritance Tax Calculator

Enter your details below and find out how much inheritance tax you could pay.
1 Status
2 Assets
3 Liabilities
4 Taxable assets
5 Result
Calculate the tax for a single estate or joint estate with your spouse or civil partner?
Will your property be passed down to your children (must be direct descendants)?
Do you plan to gift money to a registered charity in your will?
Will this gift only be made following both deaths or on the first person's death?
Amount of gifts to charity
£
%
Choose a number between 0 and 100.
Main Property
£
Other Property
£
Cash and investments
£
Bonds not under Trust
£
Remaining Loan under a Loan Trust
£
Insurance policies not in trust
Life insurance policies not under Trust, 1st death
£
Life insurance policies not under Trust, 2nd death
£
Other assets (vehicles, house contents, jewellery)
£
Total of above
£
Outstanding mortgage on your main home
£
Outstanding mortgages on additional properties
£
Total of above
£
Taxable assets
£
NRB (Nil Rate Band)
£
RNRB (Residence Nil Rate Band)
£
Net estate
£
Payment to charity
£
Inheritance Tax Payable on
£
Inheritance Tax rate
%

Inheritance Tax Payable

£

If you have been widowed you may be entitled to an additional allowance that has not been included in these calculations. There are other factors (e.g. lifetime transfers made, business assets owned, how wills are written etc.) which may affect the potential tax payable, therefore this does not constitute individual advice. This calculator is intended for illustrative purposes only and can just provide an indication based upon the information you have provided. Tax planning is a complex area and tax treatment depends on personal circumstances.

If you're unsure in anyway, why not get in touch to speak to an inheritance tax specialist at The Private Office?

The Financial Conduct Authority (FCA) does not regulate estate planning, tax or trust advice. Tax treatment may also change in the future.