Inheritance Tax Calculator 2025/26
Estimate your UK Inheritance Tax (IHT) liability for the 2025/26 tax year. Includes nil-rate band, residence nil-rate band, spouse exemption, transferable allowances, charitable giving relief, and gift taper relief.
£
£
£
£
IHT summary
Nil-Rate Band available£325,000
Residence Nil-Rate Band available£175,000
Total tax-free threshold£500,000
Taxable estate£0
IHT rate40.0%
Effective IHT rate0.0%
IHT liability£0
Net estate after IHT£500,000
Estate breakdown
Tax-free amount£500,000
IHT breakdown
| Item | Amount |
|---|---|
| Total estate | £500,000.00 |
| Less: Nil-Rate Band | -£325,000.00 |
| Less: Residence Nil-Rate Band | -£175,000.00 |
| = Taxable estate | £0.00 |
| IHT at 40.0% | -£0.00 |
| Net estate | £500,000.00 |
On an estate valued at £500,000 in the 2025/26 tax year, the estimated Inheritance Tax liability is £0. The available Nil-Rate Band is £325,000. The Residence Nil-Rate Band adds a further £175,000. The total tax-free threshold is £500,000, leaving a taxable estate of £0 taxed at 40.0%. After IHT, the net estate passed to beneficiaries is £500,000 (effective IHT rate: 0.0%).