Inheritance tax calculator
Inheritance tax (IHT) is payable on the value of your estate when you die where it exceeds the nil rate band. When planning to reduce your estate through gifts and other arrangements it’s helpful to know your and your spouse’s exposure to IHT.
How to use the calculator
Our calculator works out the IHT liabilities for you and your spouse based on the current value of your estates. It takes account of the lower tax rate which can apply where you make gifts to charity. You can use estimated future values for your assets and liabilities to project your IHT position.
Related Topics
-
Are work-related benefits for disabled persons tax free?
A loyal employee has suffered a disability and needs special equipment to do her job. If she also uses the equipment in her personal life, will it count as a taxable benefit for her?
-
Were capital losses deductible for income tax?
The First-tier Tribunal (FTT) recently considered if an individual was entitled to tax relief for losses when a company he invested in went bust. It ought to have been simple but a refinancing deal complicated matters. What did the FTT decide?
-
Rogue refunds of Class 2 NI due to HMRC failure
HMRC has incorrectly refunded Class 2 NI to some self-employed taxpayers. What should you do if you get an unexpected payment?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.