What is the UK inheritance tax rate for 2026/27?

The UK inheritance tax rate is 40% on estates above the nil-rate band of £325,000. The rate reduces to 36% if 10% or more of the estate is left to charity.

What is the residence nil-rate band?

The residence nil-rate band is an additional £175,000 allowance available when you leave your main residence to direct descendants (children or grandchildren).

Who pays inheritance tax?

Inheritance tax is typically paid by the executors of the estate from the estate's assets before distribution to beneficiaries. Payment is usually due within 6 months of death.

Free UK Inheritance Tax Calculator

Calculate Your UKInheritance Tax

Get accurate inheritance tax calculations with our free UK calculator. Based on current HMRC rates and updated for 2026/27 tax year.

Start Calculator Partner With Us Learn More

HMRC Compliant

Free to Use

Updated for 2026/27

Everything You Need

Comprehensive tools and resources for UK inheritance tax planning

Free IHT Calculator

Calculate inheritance tax liability with our comprehensive UK calculator

Explore

Expert Guides

Learn about inheritance tax planning with our detailed guides

Explore

Real Scenarios

Explore real-world examples and case studies

Explore

Expert Support

Get help from our inheritance tax specialists

Explore

Quick Reference

Key inheritance tax information at a glance

Current Rates 2026/27

Nil Rate Band: £325,000
Residence Nil Rate Band: £175,000
Tax Rate: 40%
Charity Rate: 36%

Key Exemptions

Spouse/Civil Partner transfers
Charitable donations
Annual exemption: £3,000
Business property relief

Who Needs to Pay?

Estates over £325,000
Above residence threshold
Non-exempt beneficiaries
Lifetime gifts within 7 years

Try Our Calculator

Get an instant estimate of your inheritance tax liability

UK Inheritance Tax Calculator 2026/27

Calculate your potential inheritance tax liability using current HMRC rates

Important: This calculator provides estimates only. For complex estates or professional advice, please consult a qualified tax advisor or solicitor.

Estate Details

Total Estate Value *

Debts and Liabilities

Exempt Gifts (e.g., to spouse/charity)

Gifts in Last 7 Years

Residence Nil Rate Band

Main Residence Value

Main residence passes to children or grandchildren

Marital Status

Married/Civil Partnership (surviving spouse)

Current IHT Rates 2026/27

Nil Rate Band:£325,000

Residence NRB:£175,000

Tax Rate:40%

View Full Calculator

Why Choose Our Calculator?

100% Free - No hidden charges or registration required

Up-to-date with current HMRC rates and thresholds for 2026/27

Secure calculations performed locally in your browser

Professional guidance and educational resources

Mobile-friendly design for calculations on the go

About Us Get Support

Secure & Private

All calculations performed locally. We never store your financial information.

Always Current

Updated with the latest HMRC rates and thresholds for 2026/27.

Share This Calculator

Help others calculate their inheritance tax liability