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ESTATE PLANNING TOOL
UK Inheritance Tax Calculator
Estimate your potential inheritance tax liability under current UK tax rules. This calculator provides indicative figures for planning purposes.
Estate Details
Transfers to spouse/civil partner are exempt from IHT
Residence Relief
Children, grandchildren, etc. (adds up to £175,000 threshold)
Charitable Giving
Leaving 10%+ to charity reduces rate from 40% to 36%
Estimated Tax Liability
Taxable Estate£0
Available Threshold£325,000
Amount Above Threshold£0
Tax Rate40%
Inheritance Tax Due£0
Effective Tax Rate0.0%
Key Thresholds (2024/25)
- • Nil-rate band: £325,000
- • Residence nil-rate band: £175,000
- • Combined maximum: £500,000
- • Married couples: Up to £1,000,000
This calculator provides estimates only. Consult a qualified tax advisor for personalized advice. Rules may change.
Nil-Rate Band
The first £325,000 of your estate is tax-free. This threshold has been frozen until 2028.
Residence Relief
An additional £175,000 allowance if you leave your home to direct descendants like children or grandchildren.
Charity Rate
Leaving at least 10% of your net estate to charity reduces the tax rate from 40% to 36%.