Inheritance tax

2013/14
2012/13

Inheritance tax - A basic first check

Use this basic calculator to estimate your inheritance tax liability.

Your Assets

* Business (£):

* House (£):

* Savings (£):

* Investments (£):

* Life policies (£):

* Other assets (£):

Your Liabilities

* Mortgage (£):

* Loans (£):

* Other liablilities (£):

Charitable bequests

* Charitable bequests (£):

* The value of your business and the extent to which this should be included in your estate requires careful consideration and an understanding of tax law. Please contact us to discuss.

The estimated tax liability may be subject to variation as a result of tax planning, PETs and so on.

This calculator does not include any increase in the IHT allowance to which you might be entitled if you are the surviving spouse and your deceased's estate did not fully use the available annual exemption.

2013/14 inheritance tax rates and nil-rate band.