UK Inheritance Tax Calculator
Tax year 2026/27 · England, Wales, Scotland & NI

UK Inheritance Tax Calculator

Estimate the Inheritance Tax due on an estate, including gifts made in the last seven years, the residence nil-rate band taper, charity rate and the 2026 business and agricultural relief rules.

Pre-filled with example figures for a widowed homeowner.

Date of death

decides whether pensions count
From 6 April 2027 most unused pension funds and death benefits form part of the estate. Death-in-service benefits stay outside.

Assets

market value at date of death
Your share only, if jointly owned
Listed shares, funds, bonds
Included for deaths from 6 April 2027
Cars, jewellery, life policies not in trust

Business and farm assets

BPR, APR and AIM shares
Trading business interests, unlisted shares, farmland
50% relief only; does not use the allowance
Up to £2,500,000. A spouse who died before 6 April 2026 is treated as passing on the full amount.

Debts and costs

deducted from the estate
Loans, credit cards, tax owed
Reasonable costs, including the headstone

Who inherits

exemptions and the home
Exempt if they are UK-resident long-term
Exempt; 10% or more may cut the rate to 36%
Includes step, adopted and foster children. 0% means no residence band.

Late spouse or civil partner

unused bands carried over
100% if everything went to you, the survivor
Available even if they died before 2017

Gifts in the last 7 years

after annual exemptions
 Enter gifts to people (not spouse or charity) after taking off exemptions such as the £3,000 annual exemption and wedding gifts. Gifts use up the nil-rate band first, oldest first.