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INHERITANCE TAX CALCULATOR

This inheritance tax calculator gives an indication of the amount of IHT that would be payable on your estate in the event of your death. For items like personal possessions, you should include household contents, jewellery, cars, personal effects etc. Your Insurance certificates will give you an indication of their worth.

For assistance and advice on reducing your inheritance tax liability, please contact us.

Inheritance Tax Calculator
Please fill in the assets and liabilities boxes below and then click Calculate to see your likely IHT liability. Figures are based on the IHT limits that apply during the 2007-8 tax year.
Assets
Property:	£
Investments:	£
Savings:	£
Personal Possessions:	£
Life Cover not in Trust:	£
Death in Service Benefit:	£
Life Cover in Trust:	£
Liabilities
Mortgage:	£
Other Loans:	£
Results
Estate Liable to Inheritance Tax:	£
Less Nil Rate Band:	£
Net Estate:	£
IHT Liability at 40%:	£
Amount Available to Meet Liability:	£
Remaining IHT Liability:	£
There are various steps which can be taken to minimise your IHT liability and thus protect your valuable inheritance. For further help and advice, please see the inheritance tax articles on our website, or contact us and we will arrange for a local IHT specialist to contact you.
The results from this calculator are for guidance only and do not constitute advice. A full review of your circumstances would need to be undertaken before any advice on a potential inheritance tax shortfall can be given. This calculator is based upon our understanding of current HM Revenue & Customs procedure, which may change in the future.