Inheritance tax calculator
Inheritance tax (IHT) is payable on the value of your estate when you die where it exceeds the nil rate band. When planning to reduce your estate through gifts and other arrangements it’s helpful to know your and your spouse’s exposure to IHT.
When opening the file if you receive a warning that macros are "blocked" read the "Macro security" file that can be downloaded here.
How to use the calculator
Our calculator works out the IHT liabilities for you and your spouse based on the current value of your estates. It takes account of the lower tax rate which can apply where you make gifts to charity. You can use estimated future values for your assets and liabilities to project your IHT position.
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