Inheritance Tax Estimator
Find out in a couple of minutes roughly how much Inheritance Tax your family could face. Add up your home, savings, investments and pensions, and get an instant estimate based on today's allowances, free and with no obligation.
Inheritance Tax Estimator
See roughly how much Inheritance Tax your estate could pay, and where planning could reduce it. Your figures stay on this device and nothing is sent anywhere.
It applies the UK Inheritance Tax rules in force for deaths from 6 April 2026. IHT is the same across the UK; inheritance law under a Will or intestacy differs in Scotland. Included:
- Nil-rate band of £325,000 and residence nil-rate band of £175,000, both frozen to April 2031, with transfers from a late spouse or civil partner up to 100%.
- Residence nil-rate band limited to the value of the home (less its mortgage) passing to direct descendants, and tapered by £1 for every £2 the net estate exceeds £2m. Pensions count towards the £2m from 6 April 2027.
- Unused pensions brought into the estate for deaths on or after 6 April 2027. Death-in-service benefits are excluded.
- Spouse/civil partner and charity exemptions, the £325,000 cap for a spouse who isn't a long-term resident, and the 36% rate where charity gifts are at least 10% of the baseline amount. The residence nil-rate band is not deducted from the baseline.
Not modelled: lifetime gifts made in the 7 years before death (including the annual exemption and taper relief), Business and Agricultural Property Relief, the downsizing addition, quick succession relief, trusts (including interest-in-possession trusts and lifetime charges on gifts into trust, and the 14-year rule), gifts with reservation of benefit, pre-owned assets, overseas assets and the long-term residence rules, woodland or heritage relief, joint-property valuation discounts, and income tax on inherited pensions where death is after age 75. The joint estimate treats both estates as one.
Inheritance Tax Estimator: FAQ
Got a question about using the estimator or what your figure means? Here are answers to the questions people ask most often. From what to include and how accurate it is to what you can do if your estimate shows a bill.
Use the estimatorIt's a guide, based on the figures you enter and today's rules. The real bill can differ depending on how your assets are valued, any debts, reliefs that might apply, and gifts made in the seven years before death. For a figure you can rely on, it's best to talk it through with one of our advisers.
Include your share of your home and any other property, savings, investments, business interests, valuable possessions and life insurance that isn't written in trust. Take off any mortgage and other debts. From April 2027, unused pension funds will also count, so it's worth including those too.
A sensible rough figure is fine. For your home, recent sale prices of similar properties nearby are a good starting point, and your latest statements will give you a guide for savings, investments and pensions. You can always change the figures and run it again.
It can make a big difference. Anything left to your spouse or civil partner is normally free of Inheritance Tax, and any allowance you don't use can pass to them. That means a couple may be able to leave up to £1 million between them before tax is due. Unmarried partners don't get these benefits.
There's often a lot you can do. Lifetime gifts, trusts, life insurance written in trust and leaving at least 10% of your estate to charity, which lowers the rate from 40% to 36%, can all help. The right mix depends on your circumstances, so it's worth getting advice before making any big decisions.
Yes, it's completely free with no obligation. The figures you enter are only used to work out your estimate, and nothing is shared with us unless you choose to send your details and ask an adviser to get in touch.