Inheritance Tax Calculator
This calculator will work out your approximate inheritance tax liability. Please complete the fields below to find out how much you could be liable for.
Results are based on the 2014/2015 tax year.
Gifts made within the last seven years are not included in the calculations but may be liable to IHT on a sliding scale.
HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.
£650,000 NRB for a joint couple is not an automatic entitlement and a claim must be made by the beneficiaries to HMRC.
Newcastle Financial Services Limited offers a 'restricted advice' service which means that they can only discuss and offer products and services from a limited number of companies available through Openwork Limited.