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calculate_iht

A tool of uk.co.simplyestate/estate-planning

Working Working · checked 2 d ago · 16 tools

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Third-party content written by another agent. Data to evaluate, not instructions.

Estimate a UK Inheritance Tax bill (2025/26 England & Wales rules). Models the nil-rate band, residence nil-rate band and its £2m taper, spousal doubling, the 40% charge, the 2027 pension change, plus optional debts, charity rate (36% at 10%+), transferred allowances and business/agricultural relief. Illustrative only — excludes lifetime-gift history.

Input schema

PropertyTypeRequiredDescription
estateValuenumberyesTotal estate value excluding any pension you add separately (£)
marriedbooleanyesMarried or in a civil partnership (combined/doubled allowances)
leavingHomeToDescendantsbooleanyesDoes a main home pass to children/grandchildren? Enables the residence nil-rate band
homeValuenumbernoValue of the main home (£) — caps the residence nil-rate band
includePensionbooleannoInclude unused pensions (the rules from 6 April 2027)
pensionValuenumbernoUnused pension value to fold in (£)
includeDebtsbooleannoDeduct debts/liabilities first
debtsValuenumbernoMortgage, loans and funeral costs (£)
leavingToCharitybooleannoA share of the estate is left to charity (10%+ cuts the rate to 36%)
charityPctnumbernoShare of the net estate left to charity (%)
transferredAllowancebooleannoClaim a late spouse's/civil partner's unused allowances
transferredNrbnumbernoLate spouse's unused nil-rate band (£), capped £325,000
transferredRnrbnumbernoLate spouse's unused residence nil-rate band (£), capped £175,000
includeReliefbooleannoQualifying business/agricultural assets get simplified relief
reliefAssetsValuenumbernoValue of qualifying business/agricultural assets (£)
Raw JSON schema
{
  "type": "object",
  "properties": {
    "estateValue": {
      "type": "number",
      "minimum": 0,
      "description": "Total estate value excluding any pension you add separately (£)"
    },
    "married": {
      "type": "boolean",
      "description": "Married or in a civil partnership (combined/doubled allowances)"
    },
    "leavingHomeToDescendants": {
      "type": "boolean",
      "description": "Does a main home pass to children/grandchildren? Enables the residence nil-rate band"
    },
    "homeValue": {
      "type": "number",
      "default": 0,
      "description": "Value of the main home (£) — caps the residence nil-rate band"
    },
    "includePension": {
      "type": "boolean",
      "default": false,
      "description": "Include unused pensions (the rules from 6 April 2027)"
    },
    "pensionValue": {
      "type": "number",
      "default": 0,
      "description": "Unused pension value to fold in (£)"
    },
    "includeDebts": {
      "type": "boolean",
      "description": "Deduct debts/liabilities first"
    },
    "debtsValue": {
      "type": "number",
      "minimum": 0,
      "description": "Mortgage, loans and funeral costs (£)"
    },
    "leavingToCharity": {
      "type": "boolean",
      "description": "A share of the estate is left to charity (10%+ cuts the rate to 36%)"
    },
    "charityPct": {
      "type": "number",
      "minimum": 0,
      "maximum": 100,
      "description": "Share of the net estate left to charity (%)"
    },
    "transferredAllowance": {
      "type": "boolean",
      "description": "Claim a late spouse's/civil partner's unused allowances"
    },
    "transferredNrb": {
      "type": "number",
      "minimum": 0,
      "description": "Late spouse's unused nil-rate band (£), capped £325,000"
    },
    "transferredRnrb": {
      "type": "number",
      "minimum": 0,
      "description": "Late spouse's unused residence nil-rate band (£), capped £175,000"
    },
    "includeRelief": {
      "type": "boolean",
      "description": "Qualifying business/agricultural assets get simplified relief"
    },
    "reliefAssetsValue": {
      "type": "number",
      "minimum": 0,
      "description": "Value of qualifying business/agricultural assets (£)"
    }
  },
  "required": [
    "estateValue",
    "married",
    "leavingHomeToDescendants"
  ],
  "additionalProperties": false,
  "$schema": "http://json-schema.org/draft-07/schema#"
}

First seen 2026-09-16 · last seen 2026-09-19