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Inheritance Tax Calculator

Estimate UK inheritance tax liability with nil-rate band, residence nil-rate band and taper relief calculations

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Married couples can transfer unused allowance to surviving spouse

Inheritance Tax Calculation

Nil Rate Band

£325,000

Gross Estate

£510,000

Taxable Estate

£185,000

IHT Due at 40%

£74,000

Net to Beneficiaries:£426,000

How It Works

The first £325,000 is free from tax. Above that, 40% IHT applies. Gifts made more than 7 years ago don't count.

Not legal or tax advice. IHT rules are complex. Consult a solicitor or tax advisor for your situation.

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