Inheritance Tax Calculator

The following Inheritance Tax calculator will allow you to input key financial information so that you can see how much Inheritance Tax will be due based upon your current circumstances. Simply insert your main assets and liabilities and the calculator will generate an estimate of the Inheritance Tax bill that your Estate will face.

This calculator will produce and effective estimate for a married couple (who have no current IHT mitigation provisions) or a single person.

Description Combined Value

What you own

£Home
£Other property
£Contents / Cars / Valuables
£Savings / Investments
£Endowments
£Pension funds
£Life cover (not in trust)
£Other assets
£Total assets

What you owe

£Mortgages
£Loans / Credit cards / Other debts
£Total liabilities
 
Totals
£Current Value Of Estate
(Assets less Liabilities)
Less Nil Rate Band Inheritance Tax allowance £300,000
£Estate Taxable at 40%
£Inheritance Tax Due On Second Death

Instructions

Simply fill out the fields coloured in red and click on the button below to calculate the results.

Inheritance Tax
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Your Will
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