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.