Financial
Estate Planning Calculator
Estimate UK Inheritance Tax (IHT) on your estate with nil-rate band relief
Estate planning arranges how assets are distributed after death. In the UK, Inheritance Tax (IHT) is charged at 40% on estates above the nil-rate band (currently 325,000 GBP).
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Tip: Pension funds fall outside your estate for IHT - maximising pension contributions is one of the most tax-efficient planning tools.
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Fun Fact
IHT raises around 7 billion GBP per year in the UK. With proper planning many estates pay little or none.
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