Inheritance tax is payable on your net estate over £312,000. If your
estate is on death in excess of this amount tax may be payable at 40% on anything
over this figure. Our calculator lets you see if you have a potential Inheritance
Tax problem. You should not include any life assurance which is written in trust
or payable to your spouse as these are excluded for tax purposes.
Important Note: This calculator does not take into account
the numerous complex rules relating to Inheritance Tax and is not a substitute
for professional advice. Your tax liability may be considerably more or less
than the figure given by the calculator.
Please enter numeric values only with no commas.
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