Inheritance Tax Calculator.

In October 2024, the government announced the most significant reforms to inheritance tax (IHT) seen in a generation. The changes come into force from 6 April 2026 and could mean significant increases in IHT exposure for estates.

Will I be impacted by the IHT changes?

The new rules will impact those holding assets including:

  • Shares in an unlisted trading company valued at more than £1m;
  • An interest in a trading business or partnership valued at more than £1m;
  • Agricultural land, including farm buildings and farmhouses.
  • Pensions (from April 2027)

Take 1 minute to complete our simple IHT calculator to find out how you could be impacted.

How could the changes affect you?

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Disclaimer for IHT calculator

This calculator provides an estimate of your inheritance tax exposure today compared to your exposure after the introduction of changes proposed in the government’s October budget. It is a general guide to estimate any increase in your exposure to inheritance tax.

It will not capture all your individual circumstances. It is not personal advice and should not be relied upon. Your inheritance tax exposure will depend on many factors including provisions made in your will, whether you are eligible for certain reliefs, and the type of assets you hold.

Calculating your inheritance tax position and undertaking planning is complex. Professional advice should always be sought before action is either taken or refrained from as a result of information provided. We will contact you to discuss this further.