Free UK Inheritance Tax Calculator 2024/25
Calculate your UK inheritance tax liability instantly with our free online tool. Updated for 2024/25 HMRC rates, including nil rate bands, residence nil rate band, and spouse transfer allowances.
Key IHT Rates for 2024/25
- Nil Rate Band: £325,000 — no IHT on estates below this threshold
- Residence Nil Rate Band: £175,000 — additional allowance when leaving your home to direct descendants
- Standard IHT Rate: 40% on the taxable estate
- Charitable IHT Rate: 36% when 10% or more of the estate is left to charity
- Couples can combine allowances: up to £1,000,000 tax-free
Free Tools & Resources
- Inheritance Tax Calculator — Calculate your exact IHT liability for 2024/25
- Expert Guides — Comprehensive guides on inheritance tax planning strategies
- Real-World Scenarios — See how IHT applies to different estate types