IHT calculator
This is only for illustration. Choose the option that feels closest.
2. About your estate
Includes farmland, farm buildings and other qualifying agricultural property.
Includes qualifying shares in unquoted trading businesses.
AIM investments receive 50% Business Relief from April 2026 and do not use the £2.5m full-relief allowance.
These are only counted if “After 6th April 2027” is selected above.
If something doesn’t apply to you, you can leave it blank or enter 0.
3. Your relationship status
⚠️
Assets left to spouses are not normally subject to inheritance tax. If you expect to inherit all of your spouse’s assets,
it may be useful to provide information on the value of the joint estate and select "Widowed" in the marital status.
If no, transferable allowances may not apply in full.
Only needed if your spouse left all assets to you.
Enter a rough figure for illustration.
On second death, assume full transferable allowances from your spouse/civil partner?
4. Plans for your home
Summary
Total estate (gross)
£0
Chargeable estate before allowances
£0
Illustrative inheritance tax estimate
£0
Breakdown
This calculator provides an estimate only, based on simplified assumptions. It reflects Business and Agricultural Relief changes from 6 Apr 2026 and inclusion of most unused pensions from 6 Apr 2027. Nil-rate band (£325,000), Residence nil-rate band (£175,000), and the £2m taper are assumed to remain at current levels. Tax rules and personal circumstances can change, so you should always seek personalised financial advice.