IHT Calculator

1
Assess your situation
How much is your house worth?
?
Other properties
?
Savings
?
Investments
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Other
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Based on the estimated figures you have entered, this gives an estate value of:
House value: £ 0

Value of other assets: £ 0

Total estate value: £ 0
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2
Your marital status

What is your marital status? ?

  • Married/Civil partnership

  • Widowed

  • Unmarried/Divorced

Assets left to spouses are not normally subject to inheritance tax. It may be useful for you to provide information for the value of your joint estate if you would expect to inherit all of your spouse's assets.

Did your spouse leave all their assets to you?

Yes

No

Did your spouse or civil partner use all of their nil-rate band? ?

Yes

No

How much did they leave unused?

Was the value of your spouse's estate more than £2 million when they died?

Yes

No

If your spouse's estate exceeded £2 million, your entitlement to an additional RNRB may be reduced, or even eliminated. We have assumed that your estate will not benefit from any additional RNRB from your spouse, but recommend that you seek professional advice as to your specific situation.

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3
Plan for the future

Did you sell your home before 8 July 2015?

Yes

No

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4
Year by year results

Select one of the two buttons below to see how the residence nil-rate band might apply to your situation. The calculator assumes that you die in the tax year which is checked below.

The residence nil-rate band is £175,000 for the 2020/2021 tax year. Beginning in the 2021/2022 tax year, it will increase every year in line with inflation, as measured by the Consumer Price Index.

2020 and beyond

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