Inheritance Tax Calculator

Current Tax Year - Professional Estate Planning Tool

Professional Guidance: This calculator provides detailed estimates based on current UK tax laws. For complex estates or specific advice, please consult with us at: info@careaccountancy.co.uk / 02080908998

Main Residence Value

Other Properties

Bank Accounts & Cash

Premium Bonds & NS&I

Watches & Timepieces

Jewellery

Art & Paintings

Vehicles

Stocks, Shares, Bonds & ISAs

Pensions (if payable to estate)

Most pensions pass outside the estate and are not subject to IHT

Life Insurance (if payable to estate)

Policies written in trust are usually exempt

Business Assets

May qualify for Business Property Relief

Agricultural Assets

May qualify for Agricultural Property Relief

Other Assets

Total Assets: £0

Mortgage on Main Residence

Mortgages on Other Properties

Personal Loans

Credit Card Balances

Estimated Funeral Costs

UK average: £4,000 - £10,000

Other Debts & Liabilities

Total Liabilities: £7,500

Spouse/Civil Partner Status & Transferred Allowances

Current Marital Status

Single/Never MarriedMarried/Civil Partnership (spouse still living)Widowed (spouse/civil partner has passed away)

Residence Nil-Rate Band (RNRB)

I have children or direct descendants

RNRB: Up to £175,000 additional allowance when leaving your home to direct descendants.

Charitable Giving

Percentage of net estate leaving to charity

Reduced rate: If you leave 10% or more to charity, the IHT rate reduces from 40% to 36%

Business & Agricultural Relief

My business assets qualify for Business Property Relief (BPR)My agricultural assets qualify for Agricultural Property Relief (APR)

Lifetime Gifts & Transfers (Last 7 Years)

Date of Death (Used to calculate 7-year rule)

Record Lifetime Gifts Over £3,000

No lifetime gifts recorded.