UK Inheritance Tax Calculator — Free Online Tool

Estimate your UK inheritance tax liability for 2024/25 using our free calculator. Includes nil rate band, residence nil rate band, spouse transfer, and charitable donation options.

How to Use the Calculator

1. Enter the total value of the estate (property, savings, investments, and other assets)
2. Select whether the Residence Nil Rate Band applies (leaving home to direct descendants)
3. Add any transferred nil rate band from a deceased spouse or civil partner
4. See your estimated inheritance tax liability and breakdown instantly

Current IHT Thresholds (2024/25)

• Nil Rate Band: £325,000
• Residence Nil Rate Band: £175,000
• Standard tax rate: 40%