IHT Calculator

This calculator works out your inheritance tax (IHT) liability. It may also show you the importance of financial planning such as making a will. 

Your estate is worth
House £
Cash
eg. Your bank, building society accounts		 £
Investments
eg. Shares, funds, Premium Bonds		 £
Other assets*
eg. Cars, holiday home, boat		 £
Life insurance
eg. Your term assurance payout		 £
Are you married? * Yes
No
You still owe
Mortgage £
Loans/overdrafts £
Credit cards £
Other liabilities
eg. bills, hire purchase, funeral expenses		 £
RESULT Calculate
Your total assets: £
Your liabilities: £
Your estate is worth: £
Tax-free allowance: £
Your net worth: £
Your inheritance tax bill: £
Assumptions
Gifts made within the last seven years are not included in the calculations but may be liable to IHT on a sliding scale.
* Married or in a civil partnership