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
-
Frequent changes of company car
If your employees enjoy multiple changes of company car during the year, could averaging the car benefit calculation save tax? If so, what’s involved and how can they avoid an unexpected tax bill?
-
Recovering salary overpayments due to payroll errors
Five employees at Glasgow City Council have together been ordered to pay back £40,000 in overpaid wages caused by a payroll error relating to the calculation of their contractual overtime. If you overpay wages to an existing employee due to a payroll error, can you recover them?
-
New tool to help determine whether activities are “qualifying”
HMRC has published a new online tool to help companies decide whether they are eligible to make a claim for research and development (R&D) relief. How does it work and is it worthwhile?
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.