UK Inheritance Tax Calculator
Estimate Inheritance Tax (IHT) liability on your estate. Includes Nil Rate Band (£325,000) and Residence Nil Rate Band (£175,000) for 2026.
Basic IHT Calculator
With Reliefs & Spousal Transfer
Tax Planning Scenarios
Inheritance Tax Estimate
How Inheritance Tax Works in the UK (2026)
The standard Nil Rate Band is £325,000 per person. An additional Residence Nil Rate Band of £175,000 is available if the main home is left to children or grandchildren. Unused allowances can be transferred to a surviving spouse/civil partner.
Tax Rate: 40% on the amount above the available threshold.
Frequently Asked Questions
£325,000 Nil Rate Band + up to £175,000 Residence Nil Rate Band = £500,000 per person (or £1 million for married couples).
Yes — through gifting, trusts, life insurance in trust, and spousal transfers.
Gifts made more than 7 years before death are usually exempt (Potentially Exempt Transfers).