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Not everyone will be affected by inheritance tax, find out if you might be
The calculator works out whether your estate may be subject to inheritance tax if you were to die today. It is a general guide, not personal advice, and does not cover every nuance of the inheritance tax rules. For confirmation of how inheritance tax might affect you please seek advice. Information believed to be correct as of 6 April 2025. Tax rules can change and how they affect you will depend on your personal circumstances.
Total assets £0
Total liabilities £0
Net worth £0
Amount exposed to inheritance tax £0
Good news! Based on what you have told us your estate is not liable to inheritance tax.
The calculator makes three assumptions:
If any of the above assumptions are not true for your circumstances then the result could be significantly altered, you should seek financial advice.
If you have recently downsized or sold your main residence then you could still benefit from more or some of the Residence Nil Rate Band if the previous residence would have qualified; this calculator does not account for this.
Gifts made in the last 7 years could be subject to inheritance tax on the recipient.
Most pensions are currently outside of your estate for Inheritance Tax (IHT) purposes. However, from April 2027, the government has proposed that most pensions will be included in the value of your estate and so could be subject to IHT.
Based on what you have told us your estate may be liable to inheritance tax.
It could be worthwhile speaking to a Financial Adviser. With the right forward planning it is possible to significantly reduce, or eliminate altogether, any tax liability. Tax rules can change and tax liability depends on personal circumstances.
